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HTMLChicago Imposes New Taxes on its Residents
David H. Godenswager, David M. Kall, Susan Millradt McGlone; McDonald Hopkins LLC;
Legal Alert/Article
August 5, 2015, previously published on July 23, 2015
Last week, the Cook County commissioners raised the county sales tax by 1 percent, from 0.75 percent to 1.75 percent, in a 9-7 vote, NBCChicago reported. The board president blamed state lawmakers who failed to approve a pension reform plan that has been stalled for nearly two years. As it...

 

HTMLSouth Carolina: Department of Revenue Issues Several Advisory Rulings to Guide Taxpayers
David H. Godenswager, David M. Kall, Susan Millradt McGlone; McDonald Hopkins LLC;
Legal Alert/Article
August 5, 2015, previously published on July 23, 2015
On June 25, 2015, the South Carolina Department of Revenue (SCDOR) issued an advisory Revenue Ruling 15-6 offering taxpayers guidance on when a tax lien expires.

 

HTMLDesperate to Find Revenue - Congress Considers Selling Oil
McDonald Hopkins LLC;
Legal Alert/Article
July 31, 2015, previously published on July 24, 2015
Finding new sources of revenue in today’s Washington has become an almost Herculean effort, which is why some are now seeking to tap the Strategic Petroleum Reserve. The federal government currently holds some 700 million barrels of oil as a hedge against disaster or war.

 

HTMLTransportation Bill Advances in Senate
McDonald Hopkins LLC;
Legal Alert/Article
July 31, 2015, previously published on July 24, 2015
The Senate bill under consideration would extend the highway trust fund for six years, but provides funding for only the first three years. The pay-fors the Senate does identify include a $16.3 billion proposal derived from cutting dividends paid by the Federal Reserve to large banks, another $9...

 

HTMLIs Another Government Shutdown Looming?
McDonald Hopkins LLC;
Legal Alert/Article
July 31, 2015, previously published on July 24, 2015
Agencies are only currently funded through September, and with Congress set to recess for the entire month of August, there are very few legislative days left to negotiate and vote on a funding bill. Already, lawmakers are pessimistic Congress can move forward without a temporary provision to...

 

HTMLCongress Eyes Bipartisan Energy Bills
McDonald Hopkins LLC;
Legal Alert/Article
July 31, 2015, previously published on July 24, 2015
The House Energy and Commerce committee has been among the most active and successful committees in either chamber, racking up a series of impressive legislative accomplishments. Now the committee turns its attention to a comprehensive energy bill, something that has eluded Congress for years.

 

HTMLRepublicans Seek to Defund Planned Parenthood
McDonald Hopkins LLC;
Legal Alert/Article
July 31, 2015, previously published on July 24, 2015
Almost immediately after the video, which depicts a Planned Parenthood doctor talking about the exchange of fetal tissue, was released, the House announced committee investigations and lawmakers began talking about eliminating the group's federal funding.

 

HTMLInside The Iranian Nuclear Deal
McDonald Hopkins LLC;
Legal Alert/Article
July 30, 2015, previously published on July 17, 2015
This week, the Obama administration - along with a group of international allies - announced a deal with the Iranian government that is aimed at curtailing Iran’s nuclear weapons program in exchange for lifting international economic sanctions.

 

HTMLNew York: Division of Tax Appeals Concludes that Taxpayer is Domiciled in New York, not Florida
David H. Godenswager, David M. Kall, Susan Millradt McGlone; McDonald Hopkins LLC;
Legal Alert/Article
July 30, 2015, previously published on July 16, 2015
In 2011, the New York Division of Taxation (NYDOT) issued a notice of deficiency to a taxpayer, asserting that he owed nearly $500,000 of additional personal income taxes for 2007, plus negligence penalties and interest. This stemmed from the NYDOT’s decision that the taxpayer was residing in...

 

HTMLSouth Carolina: Gov. Haley Approves Budget for Fiscal Year 2015-16
David H. Godenswager, David M. Kall, Susan Millradt McGlone; McDonald Hopkins LLC;
Legal Alert/Article
July 30, 2015, previously published on July 16, 2015
South Carolina’s General Assembly ratified its budget bill H. 3701 for fiscal year 2015-16, overriding some of Gov. Nikki Haley’s vetoes. The budget is not quite final though; the South Carolina Policy Council (SCPC) pointed out that on July 6, lawmakers returned for a third week of...

 


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