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Read need-to-know updates, commentary, and analysis on Tax issues written by leading professionals.
Pillsbury - Propel

USPS Postmark Rule Change: Implications for Section 83(b) Elections

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For startup founders seeking to reduce their potential tax exposure through a Section 83(b) election, timing matters. ...more

Polsinelli

IRS Signals Continued Enforcement With New Conservation Easement Settlement Offer

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The Internal Revenue Service has announced plans to roll out a new settlement initiative aimed at reducing the significant backlog of conservation easement cases currently pending before the U.S. Tax Court and the examination...more

Pillsbury - SeeSalt Blog

No Contract, No Look-Through: Wisconsin Draws a Line on Software Receipts Sourcing

In a recent decision, the Wisconsin Tax Appeals Commission drew a bright line for sourcing receipts from software for sales factor apportionment purposes: without a contract with the end-user, a company cannot source receipts...more

Pillsbury Winthrop Shaw Pittman LLP

New Year, New Benefits: Trump Accounts Offer a New Opportunity for Employer-Sponsored Benefits

Trump Accounts are a new, tax-favored savings vehicle for minors created under the One, Big, Beautiful Bill Act....more

Baker Donelson

Tennessee Department of Revenue Rules Bitcoin Teller Machines Exempt from Tennessee Business Tax

Baker Donelson on

In late December 2025, the Tennessee Department of Revenue (the Department) posted Revenue Ruling #25-10, which concluded that the Tennessee business tax does not apply to Bitcoin teller machines, citing Business Tax...more

Saul Ewing LLP

Creating and Preserving Non-Grantor Status in Spousal Trusts

Saul Ewing LLP on

A spousal lifetime access non-grantor trust (often referred to as a "SLANT") is an irrevocable trust structured to benefit the donor's spouse, while avoiding grantor trust treatment for income tax purposes. The structure is...more

FBT Gibbons LLP

NYSDEC Finalizes Important Amendments to Its Brownfield and Superfund Regulations

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On December 31, 2025, the New York State Department of Environmental Conservation (NYSDEC) finalized important amendments to the regulations that implement its remedial programs, including the Brownfield Cleanup Program (BCP)...more

Cooley LLP

Capital Markets Update – January 2026 One-Minute Reads

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Buried inside the annual defense spending bill, the National Defense Authorization Act, is the “Holding Foreign Insiders Accountable Act,” which was signed into law by President Donald Trump on December 18, 2025....more

Cooley LLP

California’s Proposed ‘Billionaire Tax’: Nine Things to Know

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A proposed California ballot initiative – “The 2026 Billionaire Tax Act” (also known as Initiative 25-0024) – has been getting a lot of attention, and it could have implications for business valuations, capital structures and...more

Spilman Thomas & Battle, PLLC

The Dome Report: A Fast Start for the West Virginia Legislature in 2026

The West Virginia Legislature started its 60-day regular session on January 14, 2026 at breakneck speed with a total of 565 bills – 306 in the House and 238 in the Senate – introduced on the first day and with new leadership...more

Perkins Coie

Water District’s Groundwater Replenishment Charges were Unconstitutional Taxes Under Proposition 26

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The Court of Appeal affirmed rulings that a water district’s groundwater replenishment charges were unconstitutional “taxes” because the District failed to prove the cost-allocation requirement of Proposition 26’s...more

Warner Norcross + Judd

Marriage Across Borders: Estate Planning for Mixed-Citizenship Couples

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Cross‑border marriages are becoming increasingly common, and so are the estate planning surprises that come with them. If at least one spouse is not a U.S. citizen, familiar tools like the unlimited marital deduction and...more

Parker Poe Adams & Bernstein LLP

New USPS Postmark Rules May Impact Contractual and Legal Deadlines

Recent changes to how the U.S. Postal Service determines postmark dates introduce new timing risks for contracts, filings, and payments that rely on postmark-based deadlines. Companies should review their contracts and...more

Eversheds Sutherland (US) LLP

Tax Bytes: Week of January 12, 2026

Welcome to this week’s edition of Tax Bytes. Our team of tax lawyers is actively monitoring for federal and international tax developments and issues of note. Each week we pull together the items we deem most important to...more

McGuireWoods LLP

Fairfax County Proposes New Economic Incentive Program

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Fairfax County unveiled a proposed Revitalization and Redevelopment Economic Incentive Program (RREIP), which, among other incentives, will allow up to a 10-year real estate tax abatement for certain projects. The new program...more

DLA Piper

OECD releases Pillar Two Side-by-Side package: Key tax takeaways for businesses

DLA Piper on

The Organisation for Economic Co-operation and Development (OECD) recently released its highly anticipated Side-by-Side (SbS) package, marking a significant step in alleviating the application of the global minimum tax rules...more

Stark & Stark

Revocable vs. Irrevocable Trusts: Choosing the Right Path for your Estate Plan

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When it comes to estate planning, trusts are among the most versatile and powerful tools available. They allow you to manage your assets, protect your legacy, and provide for loved ones with clarity and control. ...more

Brownstein Hyatt Farber Schreck

Taxation & Representation, Jan. 2026 #2

House and Senate Lawmakers Reach Deal on FSGG Funding: On Sunday, lawmakers released the Fiscal Year (FY) 2026 Financial Services and General Government (FSGG) appropriations bill and joint explanatory statement. The bill...more

Snell & Wilmer

Certain Information Statements for ISOs and ESPPs Due by February 2, 2026

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As reported in Part 4 of our 2025 End of Year Plan Sponsor “To Do List, Section 6039 of the Internal Revenue Code (the “Code”) requires employers to provide a written information statement to each employee or former employee...more

Stoel Rives LLP

Treasury Issues Bonus Depreciation Guidance

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The sweeping changes made by the legislation commonly known as the One, Big, Beautiful Bill Act (OBBBA) included permanent 100% first year bonus depreciation for qualified property acquired and placed in service after January...more

Bennett Jones LLP

Alberta Advances Regulatory Changes to Facilitate Data Centre Development

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On December 11, 2025, two bills addressing data centre development in the province received Royal Assent: Bill 8 enacted the Utilities Statutes Amendment Act, 2025, which amends the Electric Utilities Act (EUA) to...more

Weber Gallagher Simpson Stapleton Fires &...

Your 2025 Tax Return: What to Know and Why It Is Important in Child/Spousal Support Cases and Divorce Court

As tax season approaches it is important for you to begin gathering your tax documents. The earlier you gather your documents and make decisions about filing your return, the quicker your tax return will be processed, filed,...more

Mandelbaum Barrett PC

Planning Ahead in New Jersey: What to Know About Estate & Inheritance Tax

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If you reside in New Jersey (or have substantial ties to the state), estate planning isn’t just about wills, trusts or who gets Grandma’s china—it’s also about considering how taxes may erode what your loved ones receive....more

Nossaman LLP

Signed, Sealed, But Not Delivered? Don’t Wonder About Taxes Under New Postal Service Rules

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Even in the digital age, most federal and many state agencies consider important documents (like tax returns) filed on time if the filer can prove the documents were mailed by the due date. The postmark (really, a stamp with...more

Foley Hoag LLP

Business Considerations Amid Hemp Product Policy Change

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In passing the Agriculture, Rural Development, Food and Drug Administration, and Related Agency Act, Congress closed the hemp loophole effective Nov. 12, 2026, sending shock waves through the estimated $30 billion national...more

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