Federal

  • January 16, 2026

    Law360 Names Practice Groups Of The Year

    Law360 would like to congratulate the winners of its Practice Groups of the Year awards for 2025, which honor the attorney teams behind litigation wins and significant transaction work that resonated throughout the legal industry this past year.

  • January 18, 2026

    Trump Threatens 10% Tariff To Goad EU Nations On Greenland

    President Donald Trump said he would impose a 10% tariff on several countries in the European Union beginning Feb. 1 as a way to build pressure toward his goal for the U.S. to purchase Greenland, according to a social media post.

  • January 17, 2026

    5th Circ. OKs Self-Employment Tax Break For Limited Partners

    Business partners with limited liability under state law are excluded from the federal self-employment tax, a Fifth Circuit panel ruled, siding with a management consulting firm in its long-running controversy over the levy's limited-partner exception.

  • January 16, 2026

    DOJ Says Wife Owes FBAR Penalties On India Account

    A New York federal court should find that a businessman's wife owes penalties for his failure to report his Indian bank account to the Internal Revenue Service after he deposited $1.5 million from the sale of a New York apartment complex, the U.S. Department of Justice argued Friday.

  • January 16, 2026

    Treasury's Rule Pace Unchanged After Loper Bright, Atty Says

    The U.S. Supreme Court's 2024 landmark decision limiting federal agencies' deference in interpreting ambiguous statutes has not significantly altered the pace and volume of the U.S. Department of the Treasury's rulemaking workload, a Treasury attorney said Friday.

  • January 16, 2026

    IRS Rightly Withheld Worker Tax Credit FOIA Docs, Court Says

    The Internal Revenue Service properly invoked two Freedom of Information Act exemptions to withhold portions of internal directives about the employee retention tax credit requested by an attorney who represents taxpayers in disputes with the agency, an Alabama federal court said.

  • January 16, 2026

    IRS Boosts Mediation Training In Appeals, Official Says

    The IRS has ramped up its training of appeals officers to perform mediation work to account for the recent reduction of staff as part of the agency's ongoing emphasis to quickly resolve taxpayer issues through the alternative dispute resolution process, an official said Friday.

  • January 16, 2026

    Taxation With Representation: Stibbe, A&O Shearman, Latham

    In this week's Taxation With Representation, Keurig Dr Pepper Inc. plans to complete its deal to snap up coffee company JDE Peet's NV, Boston Scientific Corp. acquires medical device company Penumbra Inc., and fitness and wellness platform parent Playlist merges with fitness technology company EGYM.

  • January 16, 2026

    Paramount Signs 1st Lease At New Manhattan Studio

    Realty Trust, Hudson Pacific Properties Inc. and Blackstone Real Estate announced that the joint venture partners behind a Manhattan studio still under construction have signed the property's first lease with Paramount Television Studios.

  • January 16, 2026

    State Rules Add Wrinkle To Scholarship Tax Break's Rollout

    The U.S. Treasury Department is grappling with how to balance federal and state rules to implement a new tax credit for contributions to eligible scholarship programs, an official said Friday, describing states as "gatekeepers" in determining eligibility.

  • January 16, 2026

    German Co. Cites Good Faith In Disputing $1.2M Tax Bill

    A German manufacturer is challenging a $1.2 million tax bill stemming from late information filings, telling the U.S. Tax Court it relied in good faith on its domestic partnership's manager and other qualified professionals.

  • January 16, 2026

    Spain, US Spell Out Tax Treaty Arbitration Process

    Spain and the United States signed an agreement spelling out the process for binding arbitration under their tax treaty, which requires an independent panel to resolve disputes by selecting only one side's position, according to an IRS announcement Friday.

  • January 16, 2026

    Conservation Easement Was $2.7M 'Swindle,' Investors Say

    Two investors have hit the Georgia-based managers of a syndicated conservation easement with a racketeering lawsuit, accusing the managers of lining their own pockets with nearly all the proceeds of a 2024 real estate sale to liquidate the fund.

  • January 16, 2026

    Tax Court Won't Rethink Late Challenge In $46M Case

    The U.S. Tax Court won't reconsider its rejection of a late-filed bid by a partnership seeking to restore its $46 million tax deduction for donating to charity, saying the Alabama company failed to raise a newly available legal argument as required for the second chance.

  • January 16, 2026

    Weekly Internal Revenue Bulletin

    The Internal Revenue Service's weekly bulletin, released Friday, included final rules for the inclusion of certain qualified derivative payments linked to securities-lending transactions when calculating payments covered by the base erosion and anti-abuse tax.

  • January 16, 2026

    Basic Allowance For Military Housing Isn't Taxable, IRS Says

    The supplemental basic allowance for housing payments made to uniformed military personnel in December are not to be included in income and are not taxable, the Internal Revenue Service and U.S. Department of the Treasury said Friday.

  • January 15, 2026

    As Goldstein Trial Begins, Gov't Points To 'Lavish' Lifestyle

    An accountant for billionaire investor Alec Gores said that Thomas Goldstein had suggested he open a foreign account for Gores' poker-related transactions or even classify him as a professional player for tax purposes, although Gores was just getting started in the high-stakes poker world.

  • January 15, 2026

    Businesses Seek Clarity On R&D Credit Post-GOP Tax Law

    Businesses that use the federal research credit are reexamining how to apply expense reduction rules after last year's GOP tax law changes, but Treasury officials and tax experts said Thursday that revisions, although complex, were intended to coordinate with existing capitalization rules.

  • January 15, 2026

    US Pillar 2 Deal May Spur Other Nations To Seek Exemptions

    International negotiators designed a 15% corporate minimum tax known as Pillar Two to apply worldwide, but a recently agreed-to carveout for the U.S. may prompt other countries with qualifying alternative regimes to seek similar exemptions that ultimately strain the global system.

  • January 15, 2026

    Private Activity Rules Don't Apply To Tax-Exempt Train Bonds

    Private activity bond rules do not apply to certain tax-exempt bonds issued by the Alaska Railroad Corp. to finance certain property, the Internal Revenue Service said Thursday.

  • January 15, 2026

    $332M Colgate-Palmolive Pension Deal Nabs Final Nod

    A New York federal judge handed final approval to a $332 million deal ending a class action accusing Colgate-Palmolive of shorting retirees who opted for lump-sum payments, but has yet to rule on the pensioners' attorneys' bid for $99 million in fees.

  • January 15, 2026

    IRS Updates Rules For Groups Seeking Tax-Exempt Status

    The Internal Revenue Service released new rules Thursday for obtaining tax-exempt status as a group, addressing concerns of religious organizations that had worried they would be excluded if they were forced to submit financial information to their central organizations.

  • January 15, 2026

    Mixed Applicable Federal Rate Gains Continue In Feburary

    Some of the applicable federal rates for income tax purposes will continue to increase in February, the Internal Revenue Service said Thursday, though others will carry a now seventh-month slide into the second month of 2026.

  • January 15, 2026

    4th Circ. Denies Former CEO's Bid To Delay Prison Term

    A former software executive found guilty of failing to pay employment taxes reported to prison Thursday after the Fourth Circuit denied his emergency request for a delay of his yearlong sentence while he fights his conviction.

  • January 15, 2026

    IRS Updates Guidance For Retirement Plan Safe Harbors

    The Internal Revenue Service on Thursday updated its guidance to retirement plan administrators for notifying beneficiaries of rollover distributions, saying the changes are meant to align with legislative changes from 2022.

Expert Analysis

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

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    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.

  • Notable Q1 Updates In Insurance Class Actions

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    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 Drocton at BakerHostetler.

  • Power To The Paralegals: The Value Of Unified State Licensing

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    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 legal professionals would benefit even more if similar programs across the country become more uniform, says Michael Houlberg at the University of Denver.

  • 10 Soft Skills Every GC Should Master

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    As businesses face shifting regulatory and technological uncertainty, general counsel will need to strengthen certain soft skills to succeed, from admitting when they make a mistake to maintaining a healthy dose of dispassion, says Douglas Brown at Manatt.

  • An Unrestrained, Bright-Eyed View Of Legal AI's Future

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    Todd Itami at Covington offers a bright-eyed, laughing-all-the-way, skydive look at what the legal industry could look like after an artificial intelligence revolution, which he believes may happen much sooner and more dramatically than we expect.

  • Tracking The Evolution In Litigation Finance

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    Despite continued innovation, litigation finance remains an immature market with borrowers recieving significantly different terms as lenders learn to value cases, which firms need a strong handle on to ensure lending terms do not overwhelm collateral value, says Robert Wilkins at Lightfoot Franklin.

  • E-Discovery Quarterly: The Perils Of Digital Data Protocols

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    Though stipulated protocols governing the treatment of electronically stored information in litigation are meant to streamline discovery, recent disputes demonstrate that certain missteps in the process can lead to significant inefficiencies, say attorneys at Sidley.

  • Maximizing Exemptions Before TCJA Rides Into The Sunset

    Excerpt from Practical Guidance
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    Individuals with taxable estates can optimize the benefits of estate planning strategies like spousal lifetime access trusts by setting them up before increases in estate and gift tax exemptions under the 2017 Tax Cuts and Jobs Act sunset in January, say attorneys at Katten.

  • A Cold War-Era History Lesson On Due Process

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    The landmark Harry Bridges case from the mid-20th century Red Scare offers important insights on why lawyers must be free of government reprisal, no matter who their client is, says Peter Afrasiabi at One LLP.

  • How BigLaw Executive Orders May Affect Smaller Firms

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    Because of the types of cases they take on, solo practitioners, small law firms and public interest attorneys may find themselves more dramatically affected by the collective impact of recent government action involving the legal industry than even the BigLaw firms named in the executive orders, says Reuben Guttman at Guttman Buschner.

  • Lawsuits Shouldn't Be Shadow Assets For Foreign Capital

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    Third-party litigation financing amplifies inefficiencies from litigation and facilitates national exposure to foreign influence in the U.S. justice system, so full disclosure of financing arrangements should be required as a matter of institutional integrity, says Roland Eisenhuth at the American Property Casualty Insurance Association.

  • How To Accelerate Your Post-Attorney Career Transition

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    Professionals seeking to transition to nonattorney careers may encounter skepticism as nontraditional candidates, but there are opportunities for thought leadership and to leverage speaking and writing to accelerate a post-attorney career transition, say Janet Falk at Falk Communications and Evgeny Efremkin at Toronto Metropolitan University.

  • Tariffs And FCA Create Perfect Storm For Importers

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    The Trump administration's aggressive tariff policies pose a high risk to certain importation practices that are particularly likely to trigger False Claims Act enforcement, say attorneys at Jeffer Mangels.

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