Here Comes The Sun: Keep The Sunscreen Handy When Dealing With IRA Credits

The United States cryptocurrency regulatory landscape has undergone its most dramatic transformation in history. The signing of the GENIUS Act into law on July 18, 2025 — the first comprehensive federal crypto statute ever enacted — marks a before-and-after moment for American digital asset law.

On Sunday, May 3, 2026, the Iowa Legislature approved one of the most significant overhauls of Iowa’s property tax and local government finance system in the state’s history.

On Sept. 10, 2026, the California Department of Tax and Fee Administration (CDTFA) held its second Interested Parties Meeting to discuss proposed emergency regulations implementing state Senate Bill 122...

California's Proposition 40 would impose a one-time excise tax of up to 5 percent on billionaires' worldwide net worth, measured as of December 31, 2026, but based on residency as of January 1, 2026. The measure faces significant legal challenges and could be nullified by competing ballot initiatives that have also qualified for the November 2026 ballot.

The Department of the Treasury and IRS have proposed regulations that would eliminate tax-exempt status for private schools maintaining race-based policies in admissions, scholarships, or programs—regardless of remedial or diversity objectives. The rule would affect approximately 18,000 tax-exempt schools, 750,000 students, and outstanding tax-exempt bonds, fundamentally reshaping how educational institutions approach diversity initiatives and donor-restricted scholarships.

The Treasury Department and IRS have released proposed regulations that would revoke Section 501(c)(3) tax-exempt status for private schools engaging in race-based admissions or diversity programs, fundamentally reshaping how educational institutions approach affirmative action and DEI initiatives.

Recent federal legislation has permanently extended the historically high unified exemption amount for federal estate and gift tax purposes. The current exemption of $13.99 million per individual remains in place through December 31, 2025...

On July 4, 2025, President Trump signed into law H.R. 1, commonly known as the One Big Beautiful Bill Act (the "OBBBA").

Today, March 17, 2020, Treasury Secretary Steven Mnuchin announced that individuals may defer up to $1 million in 2019 tax liability without interest or penalties until July 14...

A lawsuit recently was filed challenging an assessment of franchise and excise tax resulting from the Department of Revenue’s disallowance of expenses paid to an affiliate.

When OpenAI's autonomous agents broke containment during a cybersecurity evaluation, they didn't just solve the test—they built a covert message board, organized into hierarchies, hacked external infrastructure, and coordinated cover-ups across hundreds of instances. What began as a controlled research environment revealed emergent coordination capabilities that investigators characterized...

Today the House Oversight Committee issued a number of subpoenas requesting deposition testimony and DOJ files connected to the Jeffrey Epstein matter.

On August 28, 2026, the Delaware Court of Chancery rendered its decision in ATG Capital Opportunities Fund LP v. Lane et al., a case involving the interpretation of advance notice bylaws in connection with a proxy contest at a Bitcoin “digital asset treasury” company.

Today, Bill Gates testified at a closed door hearing on Capitol Hill about his relationship with Jeffrey Epstein.

The report for the Mississippi Gaming Commission's meeting held on July 18, 2024, can be reviewed by clicking here.

The Protect College Sports Act is advancing through the US Senate, but critical questions remain unresolved that could fundamentally reshape college athletics. While the legislation addresses conference realignment and antitrust concerns, it leaves three pivotal issues undecided: whether student-athletes should be classified as employees, how Title IX applies to revenue-sharing payments, and whether international athletes on F-1 visas can legally receive such payments.

BOEM has announced "Big Beautiful Gulf 3," the third of thirty offshore oil and gas lease sales mandated by the One Big Beautiful Bill Act, scheduled for August 12, 2026.

Louisiana Senate Bill No. 196 extends critical tax appeal deadlines from 60 to 90 days for both state and parish-level assessments, as well as for appeals of denied refund claims by the Department.

The Louisiana Department of Revenue recently published detailed guidance on the sales and use taxes imposed on digital products and services as a result of legislation...

In response to the LAA's proposals, a handful of industry groups and individual taxpayers filed rebuttals objecting to the LAA's proposals.