Federal
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									September 16, 2025
									Loeb & Loeb Opens DC-Area Office With Ex-Reed Smith AttysLoeb & Loeb LLP announced Tuesday the opening of a new office in Virginia, along with the arrival of an eight-person private client and tax controversy staff formerly of Reed Smith LLP. 
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									September 16, 2025
									House Panel To Weigh Greater Subpoena Power For Tax CourtHouse lawmakers are scheduled to consider a bill Wednesday that would grant the U.S. Tax Court the power to issue subpoenas without connection to a scheduled hearing and would apply mandatory recusal rules to its judges, the Joint Committee on Taxation reported Tuesday. 
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									September 16, 2025
									Brewer Denounces Gov't Home Distilling Ban In 6th Circ.A brewery owner challenging the U.S. tax code's ban on home distilleries criticized the government's claim that he isn't hurt enough by the prohibition to warrant a suit, telling the Sixth Circuit that the ban prevents him from making whiskey at home and renders him ineligible for a distilling permit. 
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									September 16, 2025
									IRS Adds 39 Items To Taxable Chemical SubstancesThe Internal Revenue Service added 39 chemical substances to its list of those subject to Superfund excise taxes assessed to importers, the agency said Tuesday. 
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									September 15, 2025
									IRS Finalizes Retirement Savings Catch-Up RulesThe IRS released final regulations Monday that would allow workers reaching retirement age to catch up on their savings by making additional contributions above the annual limits to their employer-sponsored retirement plans, including a requirement for high earners to designate those additional funds as Roth contributions. 
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									September 15, 2025
									Tainted Evidence Sank Atty's Tax Court Case, 6th Circ. ToldThe U.S. Tax Court relied on tainted evidence from the IRS when it affirmed the agency's denial of an Ohio attorney's attempt to deduct a theft loss and related legal expenses, he told the Sixth Circuit, urging it to reverse the lower court's ruling. 
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									September 15, 2025
									IRS Updates Corp. Bond Monthly Yield Curve For SeptemberThe IRS on Monday updated the corporate bond monthly yield curve used in calculations for defined benefit plans for September, as well as corresponding segment rates and other related provisions. 
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									September 15, 2025
									US, China Agree On TikTok Ownership Transfer, Bessent SaysThe U.S. and China established a commercial framework for a deal with video sharing giant TikTok to transfer ownership of the app to the U.S., just days before a deadline to sell the app or shut it down, U.S. Treasury Secretary Scott Bessent told reporters at a press conference in Madrid on Monday. 
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									September 15, 2025
									McKesson Too Late To Fight IRS Cost-Share Rules, Gov't SaysPharmaceutical giant McKesson waited too long to challenge transfer pricing regulations that cover cost-sharing arrangements as part of its $10 million tax refund bid, the U.S. government told a Texas federal court, arguing the statutory window to seek invalidation has closed. 
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									September 15, 2025
									Applicable Federal Rates Set To Drop For A Third MonthApplicable federal rates for income tax purposes are slated to drop in October, falling for a third month after a rebound in July, the Internal Revenue Service said Monday. 
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									September 15, 2025
									Court Urged To Block Offshore Asset Freeze In $28M Tax RowThe federal government's claim that a beneficiary of offshore trusts is likely to spend down assets to avoid a $28 million tax bill lacks evidence, the beneficiary argued in urging a Florida federal court not to freeze his accounts. 
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									September 15, 2025
									OIRA Concludes Review Of Tipped OccupationsThe Office of Information and Regulatory Affairs has concluded its review of a proposed regulation concerning guidance on occupations that will be subject to President Donald Trump's policy of no tax on tips, the office said. 
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									September 15, 2025
									Kingsley Napley Bags Private Client Pro To Head Tax DeskKingsley Napley LLP said Monday that it has hired Paul Davidoff to head its international tax desk as the firm deals with a surge in work connected with tax and trusts amid an exodus of high-net-worth individuals from Britain. 
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									September 12, 2025
									Justices' Tariff-Suit Review Halts Case In Texas Federal CourtA Texas federal court has postponed further proceedings in a suit challenging President Donald Trump's emergency tariffs until the U.S. Supreme Court considers matters involving similar claims that were taken under review earlier this week. 
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									September 12, 2025
									Family Of Businessman Must Face $80M Tax Scheme ClaimsA theater businessman's descendants and extended family cannot avoid claims by the U.S. accusing them of knowingly engaging in an $80 million tax shelter scheme to sell their shares of the family holding company, a New York federal judge ruled, declining to toss the suit. 
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									September 12, 2025
									BEPS At 10: The Global Tax Revamp That's Still UnfoldingThe OECD's project against base erosion and profit shifting didn't upend the international tax landscape overnight, but a decade later, the project's fingerprints have emerged on major policies that materially changed corporate behavior, including the 2017 U.S. tax overhaul. 
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									September 12, 2025
									Taxation With Representation: Felesky Flynn, Gibson, KirklandIn this week's Taxation With Representation, copper mining companies Anglo American and Teck Resources plan to merge, EchoStar agrees to sell spectrum licenses to SpaceX, and Diversified Energy acquires fellow energy operator Canvas. 
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									September 12, 2025
									Customs Duties 2nd Largest US Revenue Source In AugustCustoms duties, including tariffs, were the second-largest contributor to federal revenues in August, raising $30 billion, the U.S. Treasury Department said in a monthly statement. 
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									September 12, 2025
									Another Investor Settles In $2.1B Danish Tax Fraud CaseA U.S. investor and two of his alleged pension plans have settled claims by Denmark's tax agency accusing them of participating in a $2.1 billion scheme that fraudulently claimed refunds on tax withheld from stock dividends, with a New York federal court dismissing the allegations. 
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									September 12, 2025
									Title Group Says FinCEN Erred In Rule On All-Cash Resi DealsThe American Land Title Association told a Florida federal judge that the U.S. Department of the Treasury's Financial Crimes Enforcement Network underestimated the costs and overestimated the benefits of a rule imposing new reporting requirements on all-cash residential real estate transactions. 
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									September 12, 2025
									Troutman Adds Robinson Bradshaw Benefits ProTroutman Pepper Locke LLP has grown its tax and benefits practice group in North Carolina with the addition of a Robinson Bradshaw & Hinson PA attorney. 
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									September 12, 2025
									Weekly Internal Revenue BulletinThe Internal Revenue Service's weekly bulletin, issued Friday, included the near doubling of the statutory value of an income tax credit for producing electricity in line with a regularly scheduled increase tied to inflation. 
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									September 12, 2025
									IRS Mostly Compliant In Levy Actions, TIGTA SaysThe IRS properly issued more than 99% of the levies between July 2023 and June 2024, the Treasury Inspector General for Tax Administration said in a report, publicly released Friday, that examined more than 46,000 taxpayers with systemic tax delinquent cases. 
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									September 11, 2025
									Full Tax Court Limits Deduction For Cannabis Biz OwnersCo-owners of two cannabis businesses owe $1 million in taxes because the wages they paid are rendered ineligible for a business income deduction for pass-throughs by a ban on deductions for companies that traffic in controlled substances, the full U.S. Tax Court ruled Thursday. 
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									September 11, 2025
									ABA Tax Chair Seeks To Maintain Section's Ties With IRSThe new chair of the American Bar Association's Section of Taxation steps in during a rocky period for the profession amid departures of federal tax employees and clashes between the Trump administration and the ABA. Here, she outlines her priorities for the section, from boosting engagement with members to reinforcing ties with the U.S. Department of the Treasury and Internal Revenue Service. 
Expert Analysis
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								Power To The Paralegals: The Value Of Unified State Licensing  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. 
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								10 Soft Skills Every GC Should Master  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. 
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								An Unrestrained, Bright-Eyed View Of Legal AI's Future  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. 
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								Tracking The Evolution In Litigation Finance  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. 
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								E-Discovery Quarterly: The Perils Of Digital Data Protocols  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. 
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								Maximizing Exemptions Before TCJA Rides Into The SunsetExcerpt from Practical Guidance  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. 
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								A Cold War-Era History Lesson On Due Process  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. 
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								How BigLaw Executive Orders May Affect Smaller Firms  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. 
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								Lawsuits Shouldn't Be Shadow Assets For Foreign Capital  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. 
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								How To Accelerate Your Post-Attorney Career Transition  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. 
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								Tariffs And FCA Create Perfect Storm For Importers  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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								US Reassessment Of OECD Tax Deal Is Right Move  The wholesale U.S. reevaluation of the Organization for Economic Cooperation and Development's global tax deal ordered by President Donald Trump is a positive step that could ultimately create a more durable international tax system, says Anne Gordon at the National Foreign Trade Council. 
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								Measuring And Mitigating Harm From Discriminatory Taxes  In response to new tariffs and other recent "America First Trade Policy" pronouncements, corporations should assess and take steps to minimize their potential exposure to discriminatory and reciprocal tax measures that are likely to come, say economists at Charles River Associates.