Recent developments involve such areas as jurisdictional questions, reporting requirements, real property transfers, entity-level taxes, and eligibility for various credits and deductions.
Authors: Bruce P. Ely, William T. Thistle, II, AND J. Sims Rhyne, III
Bruce Ely is a partner in the Birmingham, Alabama office of Bradley Arant Boult Cummings LLP and chair of the firm's State & Local Tax Practice Group. He is also chair of the Pass-Through Entities Subcommittee of the ABA Section of Taxation's Committee on State and Local Taxes, and a member of the Advisory Board of this Journal. Will Thistle is incoming vice chair of that Subcommittee, a CPA, and a senior associate in the same law firm. Sims Rhyne is a third-year law student at Cumberland School of Law at Samford University and is expected to join the firm this fall as an associate.