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Seven More Bills On CCS Currently Set For Hearing In Two House Committees This Week
There are seven more CCS bills, and potentially more to come, scheduled for hearing this week in the House Ways & Means Committee on Monday morning...
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Liskow Attorneys Secure Fifth Circuit Victory For Charitable Foundations In Trust Dispute
On January 23, 2025, Philip Kirk Jones and Kelly Scalise secured a significant appellate victory for two charitable foundations, The Marshall Heritage Foundation...Liskow - Article
District Court Declines To Approve Consent Judgement Allowing Church Political Speech
On March 31, 2026, the U.S. District Court for the Eastern District of Texas published an Opinion and Order in National Religious Broadcasters v. Bessent...Liskow - Article
IRS Issues Revenue Procedure 2026-6 Establishing Advance Election Process For New Education Tax Credit
The Internal Revenue Service recently issued Revenue Procedure 2026-6, which provides procedural guidance allowing States to make an Advance Election to participate...Liskow - Article
IRS Proposal To Withdraw Basis-Adjustment Disclosure Rules Moves To White House Review
The IRS's plan to revoke recently issued disclosure regulations relating to partnership basis-adjustment transactions has advanced to White House review...Liskow - Article
IRS Provides Interim Penalty Relief For Remittance Transfer Providers
The Internal Revenue Service ("IRS") has issued Notice 2025-55 granting temporary penalty relief to remittance transfer providers under new Internal Revenue Code section 4475...Liskow - Article
IRS Resumes Significant-Issue Rulings For Corporate Reorganizations And Spin-Offs
The IRS has reversed its 2024 policy and will now issue private letter rulings on significant issues in corporate reorganizations and spin-offs, allowing taxpayers to request guidance on discrete legal matters rather than entire transaction structures.Liskow - Article
LDR Clarifies LaTAP Registration Requirements For Contractors Claiming Public Project Sales Tax Exemption
The Louisiana Department of Revenue has issued a revised version of Revenue Information Bulletin No. 25-023, originally published in August 2025, to provide additional procedural guidance on how general contractors...Liskow - Article
LDR Issues Guidance On Changes To The Inventory Tax Credit
On March 27, 2026, the Louisiana Department of Revenue issued Revenue Information Bulletin No. 26-011 ("RIB 26-011"), providing important administrative guidance on recent legislative changes to Louisiana's...Liskow - Article
LDR Provides RIB Retaining Certain Sales And Use Tax Exemptions Inadvertently Repealed By State Tax Reform Measures
In response to the 2024 Third Extraordinary Session to address state tax reform, the Louisiana Department of Revenue (the "Department") issued Revenue Information Bulletin No. 25-009...Liskow - Article
Louisiana Department Of Revenue Issues Guidance On Separate Reporting Of Sales And Occupancy Taxes For Accommodations Intermediaries
On October 24, 2025, the Louisiana Department of Revenue ("LDR") issued a new Revenue Information Bulletin (RIB) providing detailed guidance on how state sales tax and occupancy taxes must be reported on accommodations...Liskow - Article
Louisiana Taxation Of Capital Construction Funds
The Capital Construction Fund ("CCF") program is a joint program of the Internal Revenue Service and the United States Maritime Administration...Liskow - Article
No Returns, No Records, No Relief: Tax Court Sustains Multi-Million-Dollar Deficiency Against New Orleans Care Provider
A recent Tax Court decision underscores that even a thriving, mission-driven business cannot outrun basic tax compliance. In Branch v. Commissioner, the court sustained the bulk of a multi-million-dollar deficiency...Liskow - Article
Orleans Parish Assessor Makes Announcements Regarding LAT 5 Business Personal Property Self-Reporting Forms
The Orleans Parish Assessor's Office has announced that all businesses operating in Orleans Parish should have received their annual...Liskow - Article
QPRTs, Homestead Exemptions, And The Estate Tax Basis Trap: Lessons From Palermo v. United States
A recent decision from the United States District Court for the Southern District of Florida offers a cautionary tale for estate planners who rely on Qualified Personal Residence Trusts (QPRTs) and the interplay between state homestead protections and federal estate tax inclusion rules.Liskow - Article
Reminder Alert – Louisiana State Inventory Tax Credit No Longer Available To C Corporations For Taxes Paid On Or After July 1, 2026
Taxpayers taxed as C corporations for federal income tax purposes, and estates and trusts subject to tax levied in R.S. 47:300.1 are prohibited from earning the inventory tax credit (ITC) against state taxes...Liskow - Article
SCOTUS Holds That Excluding Catholic Charities From Religious Unemployment Tax Exemption Violates First Amendment
On June 5, 2025, the U.S. Supreme Court unanimously ruled that Wisconsin violated the First Amendment of the United States Constitution by denying a Catholic...Liskow - Article
Treasury Declines To Close The SIFL Private Jet Valuation Loophole
The Treasury Department formally declined a request from a group of Senate Democrats to change the tax rules governing how employees value personal use of employer-provided aircraft, preserving the Standard Industry Fare Level (SIFL) valuation method.Liskow - Article
U.S. Treasury To Increase Scrutiny Of Tax-Exempt Organizations Through Form 990 Transparency Initiative
The U.S. Department of the Treasury recently announced a new compliance initiative aimed at increasing transparency among tax-exempt organizations.Liskow - Article
House Advances Sweeping Maritime Reforms In FY27 Defense Bill
On July 22, 2026, the House narrowly approved the FY27 National Defense Authorization Act (H.R. 8800) by a vote of 216 to 212, sending the measure to the Senate. Tucked inside the massive defense policy bill are two amendments that, together, amount to the broadest rewrite of federal maritime law in a generation.Liskow