News & Analysis as of

Tax Relief Tax Exemptions

Otten Johnson Robinson Neff + Ragonetti PC

Denver Announces a Middle Income Housing Pilot Program

Denver’s Department of Housing Stability (“HOST”) and Denver Housing Authority (“DHA”) are partnering to pilot a program aimed at spurring development of middle-income housing.  As reported in the Denver Post, Denver Mayor...more

Holland & Knight LLP

Florida Gov. Ron DeSantis Signs 2025 Tax Bill into Law

Holland & Knight LLP on

Florida Gov. Ron DeSantis recently signed House Bill 7031 into law, enacting sweeping changes to Florida's tax statutes that include updates to the sales tax on commercial leases, sales tax relief, certain corporate income...more

A&O Shearman

Overview of the New Luxembourg Tax Measures to Improve Talent Attraction and Retention

A&O Shearman on

On December 20, 2024, the Luxembourg parliament adopted without material changes the tax relief package bill that we covered in a previous publication. Amongst others, this law introduces, as of fiscal year 2025, the...more

Farrell Fritz, P.C.

Understanding New York State’s STAR Program

Farrell Fritz, P.C. on

New York State offers the School Tax Relief (STAR) program to provide a bit of property tax relief to eligible homeowners. First, who is eligible? The basic STAR program requires that you own your home, that it is your...more

Partridge Snow & Hahn LLP

Massachusetts Estate Tax Changes

Governor Maura Healey signed a tax relief package into law on October 4, 2023, making changes to how the Massachusetts estate tax is calculated. The new law doubles the Massachusetts estate tax exemption from $1 million to...more

Bowditch & Dewey

Massachusetts Tax Reform Enacted – Estate Tax Exemption Increase and Other Help for Residents

Bowditch & Dewey on

The long-awaited Massachusetts tax reform package was signed by Governor Maura Healey on Wednesday, October 4, 2023. Among the provisions: Estate Tax Reform: Establishes a non-refundable credit of $99,600 for each estate,...more

Holland & Knight LLP

Florida Gov. Ron DeSantis Signs 2023 Tax Bill into Law

Holland & Knight LLP on

Florida Gov. Ron DeSantis signed House Bill (HB) 7063 into law on May 25, 2023, providing short-term and long-term tax relief for Florida taxpayers. The legislation provides approximately $1.3 billion in tax breaks to Florida...more

Baker Donelson

SALT Select Developments - April 2023

Baker Donelson on

State and local taxes impact almost every taxpayer, and developments in any one jurisdiction can be frequent and sometimes confusing. In this newsletter edition, we will briefly summarize certain state and local tax (SALT)...more

Harris Beach Murtha PLLC

Connecticut 2022-2023 Budget Includes $600 Million in Tax Cuts

On May 9, 2022, Governor Ned Lamont signed the 2022-2023 Connecticut budget which includes approximately $600 million in tax relief. The following are some of the highlights of this tax relief...more

Pierce Atwood LLP

Maine Tax Update: Limited Disaster-Related Exemptions from Non-Resident Income Tax and Sales Tax; Extended Property Tax Deadlines...

Pierce Atwood LLP on

On May 16, 2020, Maine Revenue Services released a Tax Alert, updating taxpayers on a number of tax-related developments, including Governor Mills’ May 12 executive order and updated MRS FAQ answers....more

McAfee & Taft

Sales Tax Relief from Liability in Oklahoma

McAfee & Taft on

Oklahoma statutes provide that the sales tax is to be paid by the consumer to the seller. The seller is specifically prohibited from absorbing or paying the tax on behalf of the consumer and is required to collect the sales...more

Buckingham, Doolittle & Burroughs, LLC

Federal stimulus packages provide significant tax savings and credits to combat the financial impact of COVID-19

Following enactment of the Families First Coronavirus Response Act and the CARES Act, Buckingham’s team of tax attorneys have been helping clients survive these difficult and unprecedented times in America. Below are some of...more

Foster Garvey PC

The Cavalry Has Arrived – Congress Passed and President Trump Signed Into Law the CARES Act

Foster Garvey PC on

A Succinct Summary of the Key Tax Provisions - On March 27, 2020, President Trump signed into law the Coronavirus Aid, Relief, and Economic Security Act (colloquially, the “CARES Act” or the “Act”). The CARES Act is a...more

Orrick, Herrington & Sutcliffe LLP

Tax Relief for Replacing LIBOR in Tax-Exempt Debt and Swaps

Many tax-exempt bonds and related hedges, such as interest rate swaps ("Exempt Instruments"), use a LIBOR-based interest rate. LIBOR is going away, and existing Exempt Instruments are going to have to be modified to replace...more

McDermott Will & Schulte

Weekly IRS Roundup June 3 – 7, 2019

Presented below is our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of June 3 – 7, 2019. June 4, 2019: The IRS issued a news release noting that it granted tax relief...more

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