Featured Stories

Tax Bills To Watch As Wash. Lawmakers Wind Down For Year

Washington state lawmakers, facing a Sunday deadline to wrap up their work for the year, are rushing to get severa... (more story)

In Trump Standoff, Harvard Has Law And Money On Its Side

With strong free-speech arguments and plenty of cash at its disposal, Harvard University appears better positioned... (more story)

5 Takeaways From Texas Stock Exchange's SEC Filing

The newly formed Texas Stock Exchange LLC is proposing rules that largely resemble those of the New York heavyweig... (more story)

Federal More

Union Challenges Treasury's Suit Over CBA Executive Order

A National Treasury Employees Union affiliate urged a Kentucky federal judge Thursday not to find the U.S. Department of the Treasury can lawfully terminate its labor contracts with the national union, arguing... (more story)

Gov't Stands By $1.7M In FBAR Penalties Against Texan

Constitutional law does not stop the U.S. from imposing $1.7 million in penalties against a Texan for failure to report foreign bank accounts, the U.S. told a federal court in arguing against the "myriad" of a... (more story)

10 Arbitrations And A 5th Circ. Ruling Flag Arb. Clause Risks

The ongoing arbitral saga of Sullivan v. Feldman, which has engendered proceedings before 10 different arbitrators in Texas and Louisiana along with last month's Fifth Circuit opinion, showcases both the risks... (more story)

Notable Q1 Updates In Insurance Class Actions

The first quarter of 2025 was filled with the refinement of old theories in the property and casualty space, including in vehicle valuation, time to seek appraisal and materials depreciation, says Mathew Droct... (more story)

Firm Fights IRS' $33M Boost To Self-Employment Income

The Internal Revenue Service wrongly subjected nearly $33 million of a New York investment firm's income to self-employment taxes by disqualifying the firm's limited partners and taxing their distributions, it... (more story)

NY, 11 Other States Sue Trump Administration To Block Tariffs

A dozen states are seeking to block tariffs the Trump administration imposed under the International Emergency Economic Powers Act, claiming in a lawsuit Wednesday the tariffs illegally constitute unprecedente... (more story)

TurboTax Maker Fends Off H&R Block's False Ad Claims

A California federal judge tossed H&R Block's claims that competing tax-preparation company Intuit duped its customers into buying its TurboTax product by falsely claiming an expert would review returns, sayin... (more story)

State & Local More

Minn. Gov. Renews Pitch For HMO Tax Hike, Sales Tax Change

Minnesota Gov. Tim Walz repeated his call for a tax increase on health maintenance organizations and changes to the state sales tax in his annual address to state lawmakers, echoing policies floated in his ini... (more story)

The Benefits Of Aligning States On Legal Paraprofessionals

Texas' proposal to become the latest state to license paraprofessional providers of limited legal services could help firms expand their reach and improve access to justice, but consumers, attorneys and allied... (more story)

St. Louis Revenue Collector's Tax Assessment Rejected

St. Louis' revenue collector erred in assessing additional earnings tax on a woman's income from various limited partnerships because the income wasn't earned, the Missouri Appeals Court affirmed Tuesday.

Montana Farmers Union Asks To Join Tribe's Anti-Tariff Suit

The Montana Farmers Union wants to be included in a suit filed by members of the Blackfeet Nation challenging President Trump's tariffs on imports from Canada and abroad, arguing that the duties under scrutiny... (more story)

CPAs Seek Clarity On NJ's Proposed Tax Rule For Dividends

A CPA organization asked New Jersey's tax agency to clarify whether a provision in the state's proposed corporate tax regulations that involve dividends and deemed dividends is designed to subject certain earn... (more story)

NJ AG Pushes To Revive RICO Case Against Power Broker

New Jersey urged a state appellate court to revive its sprawling racketeering indictment against Garden State power broker George E. Norcross III, politically connected attorneys and others, arguing that the t... (more story)

Texas Mulls Sales Tax Exemption For Payment Services

Texas would amend its sales and use tax regime to exclude payment services provided by marketplace providers from the state's definition of taxable data processing services under a bill being considered by the... (more story)

Mich. Plastic Co. Can Apportion City Income, Tribunal Says

A plastic manufacturing company in Michigan can apportion its city income tax liabilities because it has an employee in another municipality and made all its sales outside the city where it's located, the stat... (more story)

Harvard Sues Trump Admin Over $2B Funding Freeze

Harvard University on Monday hit the Trump administration with a suit in Massachusetts federal court, escalating a high-profile battle after the government slashed more than $2 billion in funding amid allegati... (more story)

International More

Methanol Giant's $85M Dividend Chain Ruled Not A Tax Dodge

Dividends totaling $85 million that were paid between subsidiaries of the world's largest methanol producer didn't reach the standard of dodging taxes in Trinidad and Tobago, the top appeals court for some Com... (more story)

Russia Seeks Stay In $5B Award Stemming From Loan Dispute

The Russian Federation asked a D.C. federal court to pause enforcing a $5 billion arbitration award compensating Yukos Capital for Russia's alleged expropriation of loans while litigation plays out in a U.S. S... (more story)

Eaton Allowed To Redact Employee Docs Before Court Review

Eaton Corp. may redact information about employees' religion and sexual orientation from performance reviews before the court examines them privately in chambers in the company's transfer pricing dispute, an O... (more story)

Payroll Biz Exec Banned For 8 Years Over £2.5M Tax Fraud

The boss of a defunct payroll company that failed to pay millions of pounds in value-added tax was banned as a director for eight years on Wednesday after a government investigation into the business' signific... (more story)

Gov't Insurance Tax Revenue Rises To £8.9B In 12 Months

The U.K. government earned a record £8.9 billion ($11.8 billion) through taxing insurance premiums in the financial year to April, official figures revealed on Wednesday.

Billabong Founder Loses Appeal Of AU$50M Tax Bill

A Federal Court of Australia panel on Tuesday largely upheld a judge's ruling that put the founder of surf brand Billabong on the hook for AU$50 million ($32 million) in taxes stemming from the sale of a startup company.

HMRC Tax Investigations Of Large Cos. Drag On, Report Says

HM Revenue & Customs investigations into the tax arrangements of large businesses take almost four years on average, according to research published by a law firm.