The deduction limit on state and local tax payments, new taxes on foreign income, and state efforts to tax out-of-state sellers in the wake of a 2018 U.S. Supreme Court ruling are among the hot-button legal issues to watch in the new year.
The nation’s highest court also will jump into high-profile battles over access to President Donald Trump’s financial documents, with a ruling expected to drop in the midst of the 2020 presidential campaign.
Observers are also closely tracking tax disputes involving Facebook Inc., Exxon Mobil Corp., and other major corporations, as well as a case concerning when tax ...
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