Featured Stories

SEC Change Would Ease Nontraded REITs' State Headache

Tucked inside the U.S. Securities and Exchange Commission's 500-page regulatory proposal to ease capital formation... (more story)

Law360 Reveals Titans Of The Plaintiffs Bar

This past year, 10 lawyers across the country at plaintiffs' firms big and small helped secure millions of dollars... (more story)

Bears' Best Gameplan: Playing Ill. And Ind. Off Of Each Other

Creating a multibillion-dollar competition between Illinois and Indiana to build the Chicago Bears' new stadium is... (more story)

Federal More

Detroit Ex-Mayor Can't Prevent Seizure Of Bank Account

Former Detroit Mayor Kwame Kilpatrick will have 100% of the funds in a bank account tied to him garnished by the U.S. government for distribution in accordance with his criminal judgment, a Michigan federal ju... (more story)

IRS Ordered To Repay Law Firm $1.5M For Mistaken Levy

A Maryland federal court ordered the U.S. government to pay back over $1.5 million to a Baltimore law firm, finding the government failed to prove the firm is an alter ego of one of its clients that failed to ... (more story)

Dem Sens. Ask DOJ To Preserve Trump-IRS Settlement Docs

Two Democratic Senate leaders asked the U.S. Department of Justice to preserve any records related to the settlement of President Donald Trump's suit against the IRS in a letter published Thursday, signaling t... (more story)

Cannabis Rescheduling May Solve Banking, Insolvency Issues

The Trump administration's cannabis rescheduling initiative aims to correct classification that had rendered federal banking, tax administration and insolvency law incoherent, and will begin to restore some al... (more story)

Goldstein Says Bad Jury Instructions Warrant New Trial

SCOTUSblog founder Tom Goldstein said that the prosecutors who convicted him on 12 tax and mortgage fraud charges in February are now contradicting arguments they made at the end of his trial in their attempt ... (more story)

4th Circ. Rules IRS 'Cooperation' Doesn't Sink Tax Convictions

The Fourth Circuit on Thursday affirmed the convictions of two software executives found guilty at trial of failing to pay employment taxes to the Internal Revenue Service, rejecting the notion that their alle... (more story)

Studying Foreign Languages Makes Me A Better Lawyer

Studying Italian and Japanese has shown me that learning a new language can benefit a legal career in several ways, including by demonstrating the importance of approaching problems from a fresh perspective an... (more story)

State & Local More

Philly Hotel Tax Proposal Reduced In Tentative Agreement

Philadelphia would increase its hotel tax rate by six-tenths of a percentage point, down from the originally proposed 2-percentage-point increase in the city's budget proposal, after a tentative agreement was ... (more story)

Tax Highlights From Georgia's 2026 Legislative Session

Georgia's two-year legislative cycle recently concluded with the enactment of several significant tax bills that reflect efforts to modernize tax policy in response to evolving economic priorities, and a broad... (more story)

Minn. Adds Property Tax Break, Adopts Federal Changes

Minnesota will conform with recent federal corporate tax changes, extend its workaround of the cap on deductions for state and local tax payments and provide property and vehicle tax breaks under an omnibus bi... (more story)

Colo. Group Says $66M Flood Bonds Needed TABOR Vote

A group of Boulder residents told a Colorado Court of Appeals panel Wednesday at oral arguments that the city's stormwater and flood management fees, which will be used in part to repay $66 million in bonds, a... (more story)

Hotel Co.'s Tax Protest Draws Icy Response From NY Panel

New York state appeals court justices sounded unsympathetic Wednesday to a hotel refurbishing company's arguments that the state tax agency incorrectly denied deductions when issuing $15 million in assessments... (more story)

IRS Asked To Quickly Release Fuel Credit Emissions Model

Energy companies and farm representatives urged the IRS on Wednesday to expedite the release of an updated greenhouse gas emissions model reflecting the 2025 budget law's changes, saying the guidance is needed... (more story)

DeSantis Calls Special Session For Property Tax Cuts

Florida lawmakers would phase out property taxes on primary residences under a ballot measure up for consideration next week in a special session called Wednesday by Gov. Ron DeSantis.

International More

HMRC Got £6.3B In Small-Biz, Individual Probes, Data Shows

Britain's tax authority recovered £6.3 billion ($8.4 billion) in extra tax from investigations into small businesses and individuals in 2025, up by around £1 billion in a year, according to data released by an... (more story)

EU Withholds Some Funds From Malta Over Tax Reform Delay

The European Union is holding back €38.17 million ($44.49 million) in support funds for Malta as the Mediterranean archipelago has not yet implemented a reform tackling aggressive tax planning practices, the E... (more story)

Court Orders CBP Commish To Testify In Tariff Refund Suit

The U.S. Court of International Trade requested that U.S. Customs and Border Protection Commissioner Rodney S. Scott appear during a hearing scheduled for early next month to discuss the agency's plans for ref... (more story)

Sold Inventory May Drive Tax Treatment Of Tariff Refunds

Companies determining the tax treatment of refunds expected following the U.S. Supreme Court's February decision invalidating tariffs imposed under the International Emergency Economic Powers Act should consid... (more story)

US Implements Semiconductor Deal Cutting Taiwan Tariffs

The U.S. is capping tariffs on certain Taiwanese products while eliminating some derivative tariffs on aircraft components as part of the implementation of a deal aimed at bringing semiconductor production to ... (more story)

Italy Arrests Suspected Leaders Of €78M VAT Fraud

Italian authorities arrested the suspected leaders of a criminal organization that defrauded European Union governments of more than €78 million ($90.7 million) in value-added taxes on hygiene and household pr... (more story)

Expats Back FBAR Excessive-Fine Challenge At 9th Circ.

A nonprofit representing Americans living overseas threw its support behind a former professor who is challenging penalties for undisclosed foreign bank accounts, urging the Ninth Circuit to review his case sp... (more story)