Beaver Watershed Alliance Speaker Series: The Importance of Fire/Sustainability and Resiliency of Forests and Source Water Protection - August 22nd
The Beaver Watershed Alliance (“BWA”) is undertaking a presentation titled: The Importance of Fire: Sustainability and Resiliency of Forests and Source Water Protection (“Presentation”) The Presentation is part of BWA’s Quarterly Speaker Series with the theme “investing in Water Supply Protection…
Series LLCs and the Arkansas Uniform Protected Series Act
Arkansas’ most recent legislative session saw the adoption of a number of laws, none more complicated than Act 665, an Act to adopt the Uniform Protected Series Act. Arkansas’ Uniform Protected Series Act (the “UPSA”) is set out at Ark. Code Ann §4-41-101 et. seq. The series LLC is in part designed…
The Taxpayer First Act Changes IRS Powers in Ways Important to Your Civil and Criminal Tax Clients
On July 1, 2019, President Trump signed the Taxpayer First Act (“Act”), which includes a host of important expanded taxpayer protections ranging from adjustments to criminal tax seizures, to John Doe summonses, to the creation of an Independent Office of Appeals, to smaller changes to innocent…
U.S. Supreme Court Limits the Ability of States to Tax a Trust – The Kaestner Case
August 8, 2019
by B. Wade Bowen
On June 21, 2019, the U.S. Supreme Court issued an opinion limiting the ability of a state to impose income taxes on a trust when the trust’s connection with the taxing state is minimal. The case is styled North Carolina Department of Revenue v. Kimberley Rice Kaestner 1992 Family Trust. In the…
Good Neighbor Provision/SO2 National Ambient Air Quality Standard: U.S. Environmental Protection Agency Proposal to Approve Arkansas State Implementation Plan
The United States Environmental Protection Agency (“EPA”) published an August 8th Federal Register Notice proposing to approve an Arkansas State Implementation Plan (“SIP”) submittal. See 84 Fed. Reg. 38895. The Arkansas submittal addresses the Clean Air Act requirements pertaining to the “good…