1/28/2026 6:34:00 PM Arizona 2025 Tax Developments: A Year-End Review By Pat Derdenger Karen Lowell Katherine Costella REMINDER: CITY RESIDENTIAL RENTAL SALES TAX REPEALED EFFECTIVE JANUARY 1, 2025 Beginning last January 1, 2025, Arizona property owners...
4/21/2025 6:15:00 PM Navigating Potential Changes to Carried Interest Tax Breaks By Pam Rothenberg Jeffrey Lawyer As the new administration in Washington zeroes in on budget and tax reforms, the carried interest tax break is once again under the...
6/6/2024 5:14:00 PM Supreme Court Decision in Connelly v. United States Alters Estate Tax Treatment of Corporate-Owned Life Insurance Proceeds By H. William Mahaffey Amanda L. Thatcher James R. Walker Peter R. Wand +1 more... Show less On June 6, 2024, the United States Supreme Court issued its decision in Connelly, As Executor of the Estate of Connelly v. United States...
2/29/2024 4:42:00 PM South Carolina’s Alphabet Soup Part II: ATIs and FILOTs after South Carolina’s Tax Code Amendments By Amy Clayton Whit McGreevy Neill Edwards An audio summary of this article is available in the player below. Scroll to keep reading. Listen and subscribe to Womble Perspectives...
2/5/2024 6:55:00 PM 2023 Arizona Tax in Review By Katherine Costella Pat Derdenger Karen Lowell As we step into 2024, our team is pleased to present a concise overview of key Arizona tax developments from 2023. This informative guide...
9/18/2023 8:34:00 PM SaaS is Taxable in Arizona Despite No Statutory Authority to Tax Digital Services By Pat Derdenger Karen Lowell On September 12, the Arizona Supreme Court declined to take review in ADP, LLC v. Ariz. Dep’t of Revenue, No. CV-23-0036-PR., which lets...
10/11/2022 12:48:00 AM Arizona to Implement 2.5% Flat Tax Ahead of Schedule By Pat Derdenger Karen Lowell Governor Doug Ducey announced that Arizona will implement its new 2.5% flat income tax rate on January 1, 2023, a full year ahead of...
9/21/2022 9:24:00 PM South Carolina’s Alphabet Soup: ATIs and FILOTs after South Carolina’s Tax Code Amendments By Neill Edwards Amy Clayton William T. Dawson III Whit McGreevy +1 more... Show less When South Carolina properties are sold directly, or indirectly via the sale of equity in the property-owning entity, the sale typically...
7/21/2022 8:28:00 PM Why You Still Need Fee in Lieu of Tax Agreements By Womble Bond Dickinson At the conclusion of this year’s legislative session, the South Carolina General Assembly passed The Comprehensive Tax Cut Act of 2022...
6/10/2021 8:06:00 PM CIC Services, LLC v. Internal Revenue Service: Captive Insurance Wins a Battle, but the War Continues By Jeffrey K. Simpson Andrew J. Rennick Brian Thomas On Tax Day, May 17, 2021, in a unanimous opinion authored by Justice Kagan, the United States Supreme Court held that the Anti-Injunction...
5/11/2021 12:37:00 AM Permanent Improvements on Tribal Lands Categorically Preempted from State Property Tax By Pat Derdenger Karen Lowell The Arizona Court of Appeals held that state and local governments were categorically preempted from imposing property taxes on permanent...
7/10/2020 3:44:00 PM Southwestern States COVID-19 Tax Relief Update: States Beginning to Provide Advice on Income Tax Conformity to Provisions in the CARES ACT By Pat Derdenger Karen Lowell The following summarizes the latest news in the Southwest relating to state tax and the COVID-19 pandemic.GeneralThe extended deadline...
7/6/2020 3:49:00 PM Arizona Seeking Public Comment on Draft COVID-19 Penalty Abatement Procedure By Pat Derdenger Karen Lowell On June 30, the Arizona Department of Revenue issued a draft Transaction Privilege Tax Ruling TPR 20-XX and the corresponding Transaction...
5/26/2020 6:03:00 PM South Carolina Department of Revenue Offers Clarification Regarding COVID-Related Employment Withholding Requirements By Neill Edwards Bryant Caldwell On May 15, 2020, the South Carolina Department of Revenue (the “Department”) published an information letter outlining temporary income...
4/23/2020 11:32:00 PM COVID-19: Telework and Nexus and Update on Southwestern Tax Relief By Pat Derdenger Karen Lowell Telework and State Tax NexusStay-at-home orders issued during the COVID-19 pandemic are raising questions regarding state tax nexus, as...
4/18/2020 1:51:00 AM IRS Releases FAQs on Interaction Between CARES Act and Payroll Protection Program By Pat Derdenger Karen Lowell In a Frequently Asked Questions (FAQs) issued on April 10, the IRS clarified the interaction between the employer relief provisions in...