This has been a great week for Carbon Capture and Storage (CCS) in Louisiana. The first round of bills on CCS went forward yesterday, April 4. Four bills aiming to regulate or restrict CCS...

The Treasury Department has permanently scaled back beneficial ownership reporting obligations under the Corporate Transparency Act, releasing final regulations that exempt domestic companies from disclosing owner information while maintaining limited requirements for foreign entities operating in the United States. This regulatory shift marks a significant departure from the original 2024 reporting regime that drew sustained criticism from the business community.

On August 18, 2025, the United States Court of Appeals for the Third Circuit published its opinion in Murrin v. Commissioner, No. 24-2037 (3d Cir. 2025).

On June 4, 2025, Governor Jeff Landry signed Act 44 into law, making changes to the state's motion picture production tax credit program...

It has been reported that the House tax committee's draft bill to renew President Donald Trump's tax cuts proposes to increase the state...

Any taxpayer with an address of record with the IRS within Louisiana will automatically receive filing and payment relief without having to take any additional steps.

The Internal Revenue Service ("IRS") published details regarding the second Employee Retention Credit Voluntary Disclosure Program (the "Disclosure Program") on August 15, 2024. The Disclosure

The Internal Revenue Service and the Treasury Department have released guidance implementing the expanded "bonus depreciation" provisions enacted last July as part of the GOP's sweeping tax-and-spending legislation.

The Louisiana Department of Revenue ("LDR") has issued Revenue Information Bulletin 26-007, announcing a change to the documentation required for shareholders...

Last week, the Louisiana Department of Revenue (the "Department") issued guidance regarding recent sales and use tax law changes. The Department issued Revenue Information Bulletin No. 25-023...

The Louisiana Department of Revenue followed the lead of the Internal Revenue Service and granted filing tax relief for taxpayers impacted by the saltwater intrusion emergenc...

Representative Mike Kelly has introduced legislation to establish up to 100 maritime prosperity zones across coastal areas, major rivers, and the Great Lakes, offering targeted tax incentives to maritime supply chain companies, workforce training programs, and advanced manufacturing operations. The proposal aligns with the Trump administration's broader initiative to revitalize the domestic maritime industry by layering new maritime designations onto the existing Qualified Opportunity Zones framework.

New IRS guidance confirms no step up in basis for grantor trust assets that are not included in the decedent's estate.

The U.S. Department of the Treasury issued proposed regulations addressing two changes affecting the gaming industry and taxpayers: (i) an increase in the information reporting threshold for certain payees...

On Friday, September 29th, the IRS announced that tax relief will be available for individuals and businesses in Jefferson, Orleans, Plaquemines...

On December 30, 2024, the Department of the Treasury (the "Department") finalized regulations regarding information reporting by brokers who operate decentralized finance (DeFi) platforms in T.D. 10021.

The U.S. Department of Energy (DOE) has selected Louisiana and four other states to move forward as potential hosts for Nuclear Lifecycle Innovation Campuses, a federal initiative intended to strengthen the nation’s nuclear fuel cycle, from fuel production to the final disposition of used nuclear fuel. . Louisiana, Idaho, Oklahoma, Tennessee, and Utah were selected from a pool of 26 applicant states and have each signed a memorandum of understanding to further evaluate potential campus locations.

As the industry continues to navigate the complexities of operational safety, Matt breaks down the mechanics of well blowouts, explaining how these incidents occur...

The Financial Accounting Standards Board issued Accounting Standards Update 2026-03, Fair Value Measurement (Topic 820): Investment Companies with Equity Securities Subject to Contractual Sale Restrictions, on September 9, 2026. While the update is aimed at investment company accounting, it could benefit estate planners and valuation professionals who regularly defend marketability discounts on closely held and restricted stock.

On February 20, 2026, the Department of the Treasury and the Internal Revenue Service (IRS) released Notice 2026-16, providing interim guidance on the special depreciation...