State Laws news and trends

Penalties Loom Large for Unclaimed Property Reporting Missteps
Regulation // November 06, 2024

Tax season is officially over — even the Oct. 15 extension deadline has come and gone. But for banks and corporates, depending on the states in which they are doing business, another reporting season stretches into November, where they must review records for unclaimed funds...

California Forges Ahead With AI Rules as Federal Regulations Lag Behind
artificial intelligence // March 15, 2024

California’s recent vote to regulate artificial intelligence (AI) and personal data use by businesses underscores growing concern over the risks posed by these technologies in the absence of clear federal laws. “Congress and the administration do not operate in a vacuum,” John Hallmark, U.S. political...

Deep Dive: How Not To Lose A Bundle On Bundled Taxes
Next-Gen Sales Tax // December 30, 2019

Merchants frequently package products together into eye-catching bundles, selling everything from laptops with preloaded software to charcuterie gift baskets. Bundling can give customers an array of purchasing options in a compelling way, as well as encourage them to act quickly and make purchases.  Some video...

NJ: Uber Owes $650M In Taxes After Misclassifying Drivers
Taxes // November 15, 2019

New Jersey’s Department of Labor and Workforce Development claims that Uber owes the state around $650 million in unemployment and disability insurance taxes because it has been wrongly classifying its drivers as independent contractors. The department recently sent letters to Uber and its subsidiary Rasier,...

Interviews & Exclusives
Penalties Loom Large for Unclaimed Property Reporting Missteps

November 06, 2024
Tax season is officially over — even the Oct. 15 extension deadline has come and gone. But for banks and corporates, depending on the states in which they are doing business, another reporting season stretches into November, where they must review records for unclaimed funds and tangible property — from uncashed checks, deposit accounts, CDs […]

Quick Reads
States Halting Efforts to Create Strategic Bitcoin Reserves

May 06, 2025
Soon after taking office, President Donald Trump floated plans for a strategic bitcoin reserve. It was part of a larger push by the president, backed by the digital asset sector, to turn the U.S. into the world’s cryptocurrency capital. However, similar efforts to create bitcoin reserves have begun to flounder on the state level. The latest example […]

NJ: Uber Owes $650M In Taxes After Misclassifying Drivers

November 15, 2019
New Jersey’s Department of Labor and Workforce Development claims that Uber owes the state around $650 million in unemployment and disability insurance taxes because it has been wrongly classifying its...

NY To Lead 47 AGs In Nationwide Facebook Antitrust Probe

October 22, 2019
In a New York-led antitrust probe into Facebook, New York State Attorney General Letitia James said on Tuesday (Oct. 22) that 47 attorneys general from states and U.S. territories plan...

Caesars Puts Stake In Online Betting Co DraftKings

February 26, 2019
Caesars Entertainment announced that it has reached an agreement to offer DraftKings, the leading sports-tech entertainment brand in the country, providing market access for its online gaming products. The access is...