Federal
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									September 23, 2025
									EU Eyeing Country-Level Min. Tax Exemption For US Cos.The European Union's preferred method for accommodating the U.S. proposal to exempt American companies from the 15% global minimum tax's international provisions would be to allow a conditional safe harbor that member countries would need to enact individually, a top EU tax official told lawmakers Tuesday. 
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									September 23, 2025
									IRS To Phase Out Paper Refund Checks Starting Sept. 30The Internal Revenue Service won't mail refund checks to individual taxpayers beginning Sept. 30, the agency announced Tuesday, citing an executive order mandating direct deposit or other secure electronic payments to cut down on fraud and stolen or lost payments. 
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									September 23, 2025
									IRS Updates Per-Diem Deduction Rates For Business TravelPer-diem rates used to compute business travel expense tax deductions will be $319 for travel to high-cost areas and $225 for travel to low-cost areas starting in October, the Internal Revenue Service said Tuesday. 
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									September 23, 2025
									Financial Co. Urges Upgrades For Child Savings AccountsA financial services company urged the U.S. Department of the Treasury to adopt practical measures for implementing the new tax-advantaged children's accounts, including clarifying its position on linking contributions made through existing employee pretax benefit plans, according to correspondence released Tuesday. 
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									September 23, 2025
									DOL Greenlights Guaranteed Income Investments In 401(k)sThe U.S. Department of Labor's employee benefits arm issued guidance Tuesday making clear that employers can offer lifetime income insurance products as a default investment in 401(k) plans, responding to an executive order by President Donald Trump calling for expanded access to nontraditional retirement plan assets. 
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									September 23, 2025
									Full Effects Of US Tariffs 'Yet To Be Felt,' OECD Report SaysEconomic growth in the U.S. is expected to dip in 2026 partly because of global trade tensions, the full effects of which "have yet to be felt," the Organization for Economic Cooperation and Development reported Tuesday. 
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									September 23, 2025
									Co. Can't Fight Unproven IRS Stock Plan Rule, Judge SaysA company that claimed the Internal Revenue Service secretly passed a rule targeting its employee stock ownership plan failed to show the rule exists, a Wisconsin federal judge said in tossing the company's case. 
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									September 22, 2025
									The Tax Angle: Green Energy Permits, Enhanced ACA CreditsFrom a look at permitting delays holding up solar and wind tax credit projects to uncertainty surrounding the renewal of Affordable Care Act enhanced premium tax credits, here's a peek into a reporter's notebook on a few of the week's developing tax stories. 
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									September 22, 2025
									Oklahoma Couple Owe Taxes On Ranch, Tax Court SaysAn Oklahoma couple owe more than $240,000 in taxes and penalties because their ranch was not operated for profit as they claimed, the U.S. Tax Court ruled Monday. 
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									September 22, 2025
									VC Partner Fights IRS Summonses Tied To Korean Tax ProbeA partner at a U.S. venture capital firm urged a California federal court to quash IRS summonses seeking information on his bank accounts in connection with his tax liabilities in South Korea, saying the agency failed to meet requirements for enforcing the summonses. 
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									September 22, 2025
									Perkins Coie Adds Former US Treasury Tax Policy Atty In DCPerkins Coie LLP has brought on a tax attorney who worked in the U.S. Department of the Treasury's Office of Tax Policy, where he handled work related to laws such as the Inflation Reduction Act and the One Big Beautiful Bill Act, the firm announced Monday. 
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									September 22, 2025
									Boston Activist Admits Defrauding Donors, Gov'tA Boston anti-violence activist once hailed as a rising civic leader admitted Monday in a federal courtroom to using thousands of dollars in donations and grants to her nonprofit for personal expenses like meals and travel, defrauding a pandemic-era unemployment program, and other charges. 
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									September 22, 2025
									IRS Extends Relief To Livestock Farmers Hit By DroughtFarmers and ranchers forced to sell livestock because of drought conditions in 49 states have more time to replace the animals and defer tax on gains from the sales, the Internal Revenue Service said in guidance released Monday. 
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									September 22, 2025
									4th Circ. Scraps Ambulance Co. Owner's Tax SentenceA former ambulance company owner sentenced to six years in prison for tax evasion will be resentenced after the Fourth Circuit found a Virginia federal court erred by not telling him in person about a condition of his punishment. 
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									September 19, 2025
									Feds Urge Justices To Back Trump's Emergency TariffsThe federal government told the U.S. Supreme Court Friday that lower courts incorrectly determined President Donald Trump's emergency tariffs unlawful under a statute that gives the executive broad authority to regulate the economy in matters of national emergency,. 
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									September 19, 2025
									Foreign Entity Rules Begin To Shape Clean Energy DealsThe recently enacted federal budget that attaches stricter foreign supply chain and business ownership rules to clean energy tax credits has started to take practical effect, with project developers rewriting agreements to avoid getting snagged in the new regulatory regime. 
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									September 19, 2025
									Pillar 2 At 4: High Compliance Costs, Low Tax LiabilitiesFour years after countries agreed to an international minimum corporate tax regime known as Pillar Two, finance executives and policy observers are voicing a common refrain: multinational companies likely will pay more compliance costs than actual taxes under the new rules. 
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									September 19, 2025
									Bills Would End Emergencies For Tariffs On Brazil, CanadaA national emergency underpinning U.S. tariffs imposed on Canada and another one justifying most American tariffs on Brazil would be ended under a pair of resolutions introduced with bipartisan support by Sen. Tim Kaine, D-Va. 
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									September 19, 2025
									$1M FBAR Penalty Without Jury Unconstitutional, Judge SaysA woman who faced more than $1 million in civil penalties for failing to report offshore bank accounts to the IRS is off the hook, as a Texas federal court ruled Friday that the federal government violated her constitutional right to a jury trial. 
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									September 19, 2025
									Cayman Hedge Fund Takes $100M Tax Dispute To 3rd Circ.A Cayman Islands hedge fund urged the Third Circuit to revive its challenge to a $100 million tax bill for earning money in connection with a U.S. business, saying the business did not exist, contrary to claims by the IRS and the U.S. Tax Court. 
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									September 19, 2025
									Weekly Internal Revenue BulletinThe Internal Revenue Service's weekly bulletin, consisted of just one item, the removal of a proposed rule that would have allowed the U.S. State Department to share taxpayer return information related to the revocation or denial of passports for those with serious tax debts. 
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									September 19, 2025
									IRS Proposes Qualifying Occupations For Tips DeductionNearly 70 occupations, including bartenders, food preparation workers, musicians, electricians and social media influencers, were included in the proposed list of occupations subject to President Donald Trump's policy of no tax on tips, the Internal Revenue Service said Friday. 
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									September 18, 2025
									IRS Discloses Details On ICE Agreement In Data Sharing RowThe U.S. government disclosed additional details Thursday on the agreement between the IRS and immigration enforcement authorities to share confidential tax return information, including who had necessary permissions to access the disclosures, following a D.C. federal judge's order in a lawsuit seeking to end the interagency data sharing. 
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									September 18, 2025
									Extending ACA Subsidies Would Cost $350M, CBO SaysExtending pandemic-era enhancements to premium tax credits that subsidize marketplace health plans would increase the deficit by $350 million by 2035, though it would also increase the number of people with health insurance by 3.8 million, the Congressional Budget Office said Thursday. 
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									September 18, 2025
									Halliburton Can Contest Rule On Settlement Tax DeductionsHalliburton can continue challenging the legality of a U.S. Treasury Department regulation that denies tax deductions for settlement agreements, a Texas federal judge ruled, refusing to toss the company's claims connected to the deductibility of a $35 million payment to Nigeria's government. 
Expert Analysis
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								Mitigating Import Risks Around Southeast Asian Solar Cells.jpg)  The U.S. Department of Commerce's recent final determinations in its antidumping and countervailing duty investigations into solar cells produced in certain Southeast Asian countries make it important for U.S. purchasers to consider risk mitigation strategies, including modifying supply chains and contractually assigning import responsibilities, say attorneys at Morgan Lewis. 
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								Reassessing Corporate Separateness After Explosion Of LLCs  Following the dramatic increase of limited liability companies in the U.S., the Corporate Transparency Act's enactment and the Trump administration's subsequent narrowing of that law, it's worth revisiting the underlying legal principles that govern shell companies in order to remedy the problems that initially motivated the CTA, says Jeff Newton at Omni Bridgeway. 
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								Crisis Management Lessons From The Parenting Playbook  The parenting skills we use to help our kids through challenges — like rehearsing for stressful situations, modeling confidence and taking time to reset our emotions — can also teach us the fundamentals of leading clients through a corporate crisis, say Deborah Solmor at the Wisconsin Alumni Research Foundation and Cara Peterman at Alston & Bird. 
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								Immunity Waiver Ruling A Setback For Ch. 7 Trustees  While governmental units should welcome the U.S. Supreme Court's recent decision in U.S. v. Miller restricting the reach of the Bankruptcy Code's sovereign immunity waiver, Chapter 7 trustees now have a limited ability to maximize bankruptcy estates, says Dan Prieto at Jones Day. 
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								Adapting To Private Practice: From NY Fed To BigLaw  While the move to private practice brings a learning curve, it also brings chances to learn new skills and grow your network, requiring a clear understanding of how your skills can complement and contribute to a firm's existing practice, and where you can add new value, says Meghann Donahue at Covington. 
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								Top 3 Litigation Finance Deal-Killers, And How To Avoid Them  Like all transactions, litigation finance deals can sometimes collapse, but understanding the most common reasons for failure, including a lack of trust or a misunderstanding of deal terms, can help both parties avoid problems, say Rebecca Berrebi at Avenue 33 and Boris Ziser at Schulte Roth. 
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								A 2-Step System For Choosing A Digital Asset Reporting Path  Under the Internal Revenue Service's new digital asset reporting regulation, each type of asset may have three potential reporting destinations, so a detailed testing framework can help to determine the appropriate path, says Keval Sonecha at Sonecha & Amlani. 
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								How Attys Can Use A Therapy Model To Help Triggered Clients  Attorneys can lean on key principles from a psychotherapeutic paradigm known as the "Internal Family Systems" model to help manage triggered clients and get settlement negotiations back on track, says Jennifer Gibbs at Zelle. 
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								3 Steps For In-House Counsel To Assess Litigation Claims  Before a potential economic downturn, in-house attorneys should investigate whether their company is sitting on hidden litigation claims that could unlock large recoveries to help the business withstand tough times, says Will Burgess at Hilgers Graben. 
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								IRS And ICE Info Sharing Could Drive Payroll Tax Enforcement  Tax crimes are historically difficult to prosecute, but the Internal Revenue Services’ recent agreement with U.S. Immigration and Customs Enforcement to share taxpayer records of non-U.S. citizens could be used to enhance payroll tax-related enforcement against their employers, say attorneys at Holland & Knight. 
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								Adapting To Private Practice: From DOJ Enviro To Mid-Law  Practitioners leaving a longtime government role for private practice — as when I departed the U.S. Department of Justice’s environmental enforcement division — should prioritize finding a firm that shares their principles, values their experience and will invest in their transition, says John Cruden at Beveridge & Diamond. 
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								Legal Ethics Considerations For Law Firm Pro Bono Deals  If a law firm enters into a pro bono deal with the Trump administration in exchange for avoiding or removing an executive order, it has an ethical obligation to create a written settlement agreement with specific terms, which would mitigate some potential conflict of interest problems, says Andrew Altschul at Buchanan Angeli. 
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								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 and limitations of arbitration clauses in retainer agreements for resolving attorney-client disputes, says Christopher Blazejewski at Sherin and Lodgen.