Jessica Estepa

1 week ago | news.bloombergtax.com | Jessica Estepa

Recent changes to US trade policy have raised the importance of incorporating and updating prior contracts with provisions on tariffs and potential tariff increases. President Donald Trump’s executive orders have imposed and adjusted tariff rates for all imports into the US. As a result, all US businesses face greater uncertainty in pricing, supply chain disruptions, and overall project costs.

1 week ago | news.bloombergtax.com | Jessica Estepa

School choice is back in the spotlight with the Supreme Court’s recent decision not to rule on the case of a religious charter school in Oklahoma, which left in place that state’s highest court ruling that funding such schools violated the constitutional separation of church and state. The court divided 4-4 after Justice Amy Coney Barrett recused herself from the case. This issue will come up again, when the right case is brought before the court.

1 week ago | news.bloomberglaw.com | Melanie Cohen |Jessica Estepa

With the federal government preparing to kill off the penny, states revising sales and use tax regulations must adopt a dual-rounding policy that preserves cent-level tax calculations while allowing nickel-based rounding only for cash—avoiding legal pitfalls under the Internet Tax Freedom Act and practical chaos for retailers at the point of sale. This method will keep the state sales tax system from unraveling over a coin we should have eliminated years ago.

2 weeks ago | news.bloomberglaw.com | Melanie Cohen |Jessica Estepa

The efforts of President Donald Trump and the Department of Government Efficiency to slash the IRS have jeopardized the agency’s ability to fairly enforce the tax code and undermined its capacity to provide helpful and timely customer service. The attacks on the IRS are a calculated effort to cripple one of the government’s most essential functions: fair and effective tax enforcement.

Mar 2, 2024 | cnn.com | Jessica Estepa

The presidential ad wars have largely fallen silent in the wake of the South Carolina and Michigan primaries, after campaigns and outside groups spent about $230 million dollars competing across the first nominating contests. Nikki Haley remains in the race, but she’s not competing on the airwaves across the 15 states and one US territory that will be voting in the Super Tuesday primaries next week.