David A. Hughes Discusses Apple’s Settlement with Law36007/25/2022
After years of legal back-and-forth, Apple has settled its challenge against Chicago’s amusement tax. David A. Hughes discusses Apple’s settlement with Law360 and says businesses that had hoped this case would shed light on how the tax might apply to their services will be left …
Jordan M. Goodman Shares His Thoughts on the Interpretation of P.L. 86-27207/15/2022
In “Top 5 State & Local Tax Policies Of 2022” by Law360, Jordan M. Goodman shares his thoughts on the Multistate Tax Commission’s interpretation of P.L. 86-272. Jordan says, “I’m not an engineer, but it just seems to me that there’s no difference between what …
Christopher T. Lutz Discusses the Latest Decision in Ooma Inc. v. Oregon Department of Revenue with Tax Notes06/24/2022
Christopher T. Lutz discusses the latest decision in Ooma Inc. v. Oregon Department of Revenue with Tax Notes. According to Chris, Ooma raised a fair question in its cert petition.
Jordan M. Goodman Named to Law360’s 2022 State & Local Tax Editorial Advisory Board05/12/2022
HMB’s Jordan M. Goodman has been named to Law360’s 2022 State and Local Tax Editorial Board. The editorial advisory board provides feedback on Tax Authority’s coverage and expert insight on how best to shape future coverage. Congrats, Jordan!
David A. Hughes Discusses Home Rule Jurisdiction with Tax Notes05/05/2022
The Illinois Supreme Court recently ruled Cook County may not spend its transportation tax revenue on non-transportation-related purposes. David A. Hughes told Tax Notes the decision underscores that a home rule jurisdiction’s spending authority is not unlimited.
Christopher T. Lutz Discusses Proposed Rule that Would Better Align Illinois’ Tax Regime with Law36004/28/2022
The state tax agency recently proposed a rule where businesses that are exempt from a foreign country’s tax due to treaties would no longer need to account for their receipts into those jurisdictions when determining their Illinois income tax liability. Christopher T. Lutz discusses the …
Aaron L. Hammer Featured on The Winning Momentum Podcast04/27/2022
Aaron L. Hammer was recently featured on The Winning Momentum Podcast with Scott Sinclair. Aaron and Scott discuss entrepreneurship and Aaron shares his experience as both a corporate bankruptcy attorney and an entrepreneur.
David A. Hughes Discusses State Taxation of Partnerships with Law36004/26/2022
One of the most relevant and complex issues in state tax today is how states should tax partnerships. In Law360’s “3 Things To Know About State Taxation Of Partnerships Now,” David A. Hughes discusses recent cases that are causing controversy in state tax partnership law.
David A. Hughes Discusses New Jersey’s Partnership Filing Fee with Law36004/12/2022
The U.S. Supreme Court recently denied a petition from a multistate business that claimed New Jersey’s partnership filing fee was unconstitutional. According to David A. Hughes, there was little question that New Jersey’s fee fails the internal consistency test.
Jordan M. Goodman Discusses Texas Supreme Court Decision with Law36004/05/2022
In “Texas Decision Stymies Tax Agency Attempt At Policy Change by Law360, Jordan M. Goodman discusses the Texas Supreme Court’s decision to reverse a lower appellate court’s ruling. Jordan says, “The Texas Supreme Court, in overturning the lower court, simply conducted a plain reading of …
Aaron L. Hammer Shares Insight on Corporate Bankruptcies with S&P Global03/22/2022
HMB’s Aaron L. Hammer predicts corporate bankruptcies will remain low this year in an S&P Global article.
David A. Hughes Shares Thoughts on Apple’s Lost Bid to Chicago’s “Netflix Tax” with Bloomberg Tax03/16/2022
David A. Hughes found the court’s ruling surprising, as Apple had previously amended its complaint and tax matters are rarely dismissed for failure to sufficiently state a claim.
Marilyn A. Wethekam Shares Insight with Bloomberg Tax in 2022 “Survey of Local Tax Departments”03/16/2022
Reproduced with permission from Bloomberg Tax & Accounting. Copyright 2021 by The Bureau of National Affairs, Inc. (800-372-1033) https://pro.bloombergtax.com The below excerpt is from Bloomberg Tax’s Annual “Survey of Local Tax Departments.” The survey provides insights from experts on fundamental local tax issues from local tax departments across the country. Read the full survey analysis on Bloomberg Tax here (subscription…
Jordan M. Goodman Discusses Priority Rules for Unclaimed Property Disputes with Law36002/28/2022
Jordan M. Goodman Discusses Priority Rules for Unclaimed Property Disputes with Law360.
Aaron L. Hammer Discusses Corporate Bankruptcy Filings with S&P Market Intelligence01/18/2022
Aaron L. Hammer discusses corporate bankruptcy filings with S&P Market Intelligence.
Jordan M. Goodman Interviewed by Law360: “7 Things Tax Pros Are Grateful For This Thanksgiving Season”11/30/2021
Jordan M. Goodman Interviewed by Law360: “7 Things Tax Pros Are Grateful For This Thanksgiving Season”.
David A. Hughes and Samantha K. Breslow Discuss Chicago’s Cloud Tax and Audits with Bloomberg Law11/11/2021
David A. Hughes and Samantha K. Breslow Discuss Chicago’s Cloud Tax and Audits with Bloomberg Law.
Christopher T. Lutz Discusses Localities Outsourcing Tax Services with Law36011/10/2021
Christopher T. Lutz Discusses Localities Outsourcing Tax Services with Law360.
Marilyn A. Wethekam Discusses Uncertainty Surrounding States’ Adoption of MTC Guidance on Online Biz Tax – Law36010/25/2021
In an article by Law360, Marilyn A. Wethekam discusses the ambiguity found in the updated Multistate Tax Commission (“MTC”) guidance regarding when internet business activities exceed federal protections against state income tax.
Chris T. Lutz Discusses Potential New State Income Taxes for Online Merchants with Bloomberg Law09/02/2021
Chris Lutz shared his insight into online merchants’ requirement to pay income tax in additional states with Bloomberg Law as states consider how to implement some or all of a statement on Public Law 86-272, recently revised by the Multistate Tax Commission.
HMB Prevails For Equity Holders In 8th Circuit Decision Nearly Abolishing Chapter 11 “Equitable Mootness” Doctrine08/13/2021
HMB’s Bankruptcy, Reorganization and Creditors’ Rights Team including Aaron Hammer, Nathan Delman and the late John Guzzardo, representing FishDish, LLP, preferred shareholders holders of the bankrupt VeroBlue Farms USA, Inc. at the U.S. Court of Appeals for the Eighth Circuit, successfully argued that the District …
Jordan M. Goodman Discusses Key Measures Passed by Illinois Lawmakers in “Key State Business Tax Legislation To Know From 2021” with Law36006/30/2021
Read the full article by Law360 here (subscription required). In a year when states focused on shaking off the effects of the coronavirus crisis, some changed business tax regimes to build their coffers while others, flush with federal pandemic relief cash, advanced significant tax cuts. An Illinois budget bill signed into law by Gov. J.B. Pritzker pauses the phaseout of…
Client Success: Social Storytelling Platform PechaKucha Raises $2.7M in Seed Funding06/29/2021
HMB would like to congratulate PechaKucha, a social storytelling platform that has been used by millions of people across the globe, and CEO and Co-founder Sean Smyth and the rest of the PechaKucha team on a $2.7 million Seed funding round. PechaKucha, based in Chicago and Tokyo, is a fast-growing storytelling platform used by millions of people across the globe. Content creators, schools,…
Client Success: Dunes Point Capital, LP Announces Best in Class Technology’s Acquisition of Thayer Corporation and Dyer Service06/21/2021
Best in Class Technology Services ("BCTS"), a portfolio company of Dunes Point Capital, LP ("DPC"), has acquired Thayer Corporation and Dyer Service. Headquartered in Birmingham, AL, BCTS is a provider of commercial HVAC aftermarket services including maintenance, repair and project work. BCTS has 14 locations across seven states and employs over 500 people. For more information, please visit Vulcan Mechanic…