Administrative Release News Today

Kentucky has some of the highest incarceration rates in the country. But state lawmakers ignored most efforts to address the issue and its root causes, instead passing measures that are likely to worsen overcrowding in jails and prisons.

Other states are eliminating bail or reforming pretrial processes. Meanwhile, Kentucky proposes bills that seem to be going in different directions.

In late 2020, the IRS issued a notice confirming imminent proposed regulations that would allow certain tax strategies to avoid the individual $10,000 state and local tax (“SALT”)...

By: Commentary: March 17, 2021 An amendment (the bill) to Maryland’s income tax laws, which became effective as of July 1, 2020, and applicable to the taxable years beginning after Dec. 31, 2019, allows a pass-through entity, such as an S corporation or an entity taxed as a partnership, to elect to be taxed at the entity level with respect to the state income attributable to the entity’s owners’ distributive shares of the pass-through entity’s net income (the election). The bill w...