By: Diane Roskies I.  Overview The high-tax states in the U.S. are aggressive in trying to retain and increase revenue collections. The primary basis for state income taxation is “residency” or “domicile.” A resident of a state generally is subject to the income tax on worldwide income.  A hot topic is the proposed “one-time” 5% California wealth tax on the assets of billionaires who are or were full-time or part-year residents of California on January 1, 2026. [1]   Much ha

By: William L. Bricker Jr. and Jordan Kohn The federal Corporate Transparency Act (“CTA”), enacted in 2021, required “reporting companies” (i.e., corporations, limited liability companies, and other entities either (i) formed in the U.S. or (ii) formed under the laws of a foreign country and registered to do business in the U.S.) to submit information about their beneficial owners to the Treasury Department’s Financial Crimes Enforcement Network (“FinCEN”) (see previous bl

By: William L. Bricker, Jr., Matthew Crawford Obtaining a United States visa has often entailed substantial delays and heavy...

By: William L. Bricker, Juliya L. Ismailov, and Matthew Crawford The One Big Beautiful Bill Act (OBBBA), enacted on July 4, 2025, has a...