Federal

  • September 25, 2025

    Texas' Meadows Collier Adds Former IRS Counselor In DC

    Dallas-based, tax-focused law firm Meadows Collier Reed Cousins Crouch & Ungerman LLP has added a Washington, D.C.-based partner with substantial IRS experience to the firm's tax controversy and litigation and white collar defense practices.

  • September 24, 2025

    Coinbase Wants Out Of Terraform Token Conversion Loss Suit

    Coinbase Inc. has urged a California federal court to toss a suit lodged by cryptocurrency buyers alleging the crypto exchange caused them to incur losses after Terraform's collapse three years ago, arguing the buyers' claims are both time-barred and fail to show that the crypto exchange intended to deceive.

  • September 24, 2025

    Court Sides With Texas, Nixes Medicaid Tax Funding Rule

    The federal government improperly expanded a Medicaid funding restriction to private parties that was meant only to govern the use of state taxes to fund the health insurance program, a Texas federal court ruled Wednesday in vacating guidance from the Centers for Medicare & Medicaid Services.

  • September 24, 2025

    Execs Breached Danish Deal In $2B Tax Case, Court Says

    Three men claiming to be pension plan executives who struck a civil settlement with the Danish taxing authority over their role in a $2 billion tax fraud scheme breached their settlement agreement, a New York federal court found, saying the men had not paid back the amount they promised.

  • September 24, 2025

    Tax Court Finds Convicted Ex-Pa. Senator Liable For Tax

    A former Pennsylvania state senator convicted of fraud is on the hook for income tax deficiencies for 2001 through 2005, plus a civil fraud penalty for each year, the U.S. Tax Court said Wednesday.

  • September 24, 2025

    Senate Finance Panel To Hold Digital Assets Taxation Hearing

    The Senate Finance Committee will hold a hearing with digital asset experts on Oct. 1 to examine the tax treatment of income derived from such assets, Committee Chairman Mike Crapo, R-Idaho, announced Wednesday.

  • September 24, 2025

    Former Pa. Tax Collector Admits To Embezzling Public Funds

    A former Pennsylvania tax collector pled guilty to embezzling public money totaling more than $400,000 in property taxes and federal grants intended for her local government, federal prosecutors announced. 

  • September 24, 2025

    11th Circ. Asked To Combine Easement Deduction Appeals

    The Eleventh Circuit should consolidate two cases appealing U.S. Tax Court rulings that cut $47 million in deductions for conservation easement donations, a partnership argued, saying the government's opposition to combining them overlooks the opportunity to save resources.

  • September 23, 2025

    Trump Tariffs Are Constitutional, President's Allies Tell Justices

    Two Republican lawmakers and two allied nonprofit groups told the U.S. Supreme Court on Tuesday that it should allow President Donald Trump's emergency tariffs authorized under the International Emergency Economic Powers Act.

  • September 23, 2025

    $6.6M IRS Civil Fraud Penalty Ruled Constitutional

    A Pennsylvania federal judge upheld a $6.6 million civil fraud tax penalty against an insurance broker over its captive deductions, ruling Tuesday that the Internal Revenue Service's assessment of the penalty without a jury trial was constitutional.

  • September 23, 2025

    Tax Court Slashes $38M In Easement Donation Deductions

    The U.S. Tax Court on Tuesday slashed $38 million in deductions for donations of two conservation easements across hundreds of acres in Georgia, finding one lacked the required conservation purpose and neither was potentially headed for mining development as the donors had claimed.

  • 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.

  • September 23, 2025

    IRS To Phase Out Paper Refund Checks Starting Sept. 30

    The 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.

  • September 23, 2025

    IRS Updates Per-Diem Deduction Rates For Business Travel

    Per-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.

  • September 23, 2025

    Financial Co. Urges Upgrades For Child Savings Accounts

    A 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.

  • September 23, 2025

    DOL Greenlights Guaranteed Income Investments In 401(k)s

    The 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.

  • September 23, 2025

    Full Effects Of US Tariffs 'Yet To Be Felt,' OECD Report Says

    Economic 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.

  • September 23, 2025

    Co. Can't Fight Unproven IRS Stock Plan Rule, Judge Says

    A 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.

  • September 22, 2025

    The Tax Angle: Green Energy Permits, Enhanced ACA Credits

    From 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.

  • September 22, 2025

    Oklahoma Couple Owe Taxes On Ranch, Tax Court Says

    An 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.

  • September 22, 2025

    VC Partner Fights IRS Summonses Tied To Korean Tax Probe

    A 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.

  • September 22, 2025

    Perkins Coie Adds Former US Treasury Tax Policy Atty In DC

    Perkins 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. 

  • September 22, 2025

    Boston Activist Admits Defrauding Donors, Gov't

    A 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.

  • September 22, 2025

    IRS Extends Relief To Livestock Farmers Hit By Drought

    Farmers 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.

  • September 22, 2025

    4th Circ. Scraps Ambulance Co. Owner's Tax Sentence

    A 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.

Expert Analysis

  • Mentorship Resolutions For The New Year

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    Attorneys tend to focus on personal achievements or career milestones when they set yearly goals, but one important area often gets overlooked in this process — mentoring relationships, which are some of the most effective tools for professional growth, say Kelly Galligan at Rutan & Tucker and Andra Greene at Phillips ADR.

  • Coaching Little League Makes Me A Better Lawyer

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    While coaching poorly played Little League Baseball early in the morning doesn't sound like a good time, I love it — and the experience has taught me valuable lessons about imperfection, compassion and acceptance that have helped me grow as a person and as a lawyer, says Alex Barnett at DiCello Levitt.

  • 5 Litigation Funding Trends To Note In 2025

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    Lawyers and their clients must be prepared to navigate an evolving litigation funding market in 2025, made more complicated by a new administration and the increasing overall cost of litigation, says Jeffery Lula at GLS Capital.

  • Rethinking Litigation Risk And What It Really Means To Win

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    Attorneys have a tendency to overestimate litigation risk before summary judgment and underestimate risk after it, but an eight-stage litigation framework can clarify risk at different points and help litigators reassess what true success looks like in any particular case, says Joshua Libling at Arcadia Finance.

  • Small Biz Caught In Corporate Transparency Act Crossfire

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    Despite compliance being put on hold due to a nationwide preliminary injunction, small businesses have been caught in the middle of the legal battle over the Corporate Transparency Act — and confusion over the law's requirements could result in major penalties, say attorneys at Snell & Wilmer.

  • No, Litigation Funders Are Not 'Fleeing' The District Of Del.

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    A recent study claimed that litigation funders have “fled” Delaware federal court due to a standing order requiring disclosure of third-party financing, but responsible funders have no problem litigating in this jurisdiction, and many other factors could explain the decline in filings, say Will Freeman and Sarah Tsou at Omni Bridgeway.

  • Hydrogen Regs Will Provide More Certainty — If They Survive

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    Newly finalized regulations implementing the Section 45V clean hydrogen tax credit allow producers more flexibility, and should therefore help put the industry on more solid footing — but the incoming Trump administration and Republican Congress will have multiple options for overturning or altering the regulations, say attorneys at Steptoe.

  • 5 E-Discovery Predictions For 2025 And Beyond

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    In the year to come, e-discovery will be shaped by new and emerging trends, from the adoption of artificial intelligence provisions in protective orders, to the proliferation of emojis as a source of evidence in contemporary litigation, say attorneys at Littler.

  • What's Ahead As Transparency Act Comes To A Crossroads

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    Synthesizing the contrasting federal district and appellate court rulings on the Corporate Transparency Act’s validity reveals several main areas of debate that will likely remain at issue as challenges to the law continue winding through the courts, say attorneys at Farella Braun.

  • Final Hydrogen Tax Credit Regs Add Flexibility For Producers

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    The recently released final regulations implementing the Inflation Reduction Act's clean hydrogen production tax credit offer taxpayers greater flexibility, reducing risk and creating more certainty for investments in the industry, thus diminishing — but not eliminating — the risk of legal challenges to the regulations, say attorneys at Steptoe.

  • 5 Evolving Concerns For Family Offices In 2025

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    Complex regulatory changes and emerging operational risks will force family offices to stay on their toes in 2025, with timely action particularly necessary to address several tax and reporting developments that may affect their investments and business operations, say attorneys at Morgan Lewis.

  • 7 Ways 2nd Trump Administration May Affect Partner Hiring

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    President-elect Donald Trump's return to the White House will likely have a number of downstream effects on partner hiring in the legal industry, from accelerated hiring timelines to increased vetting of prospective employees, say recruiters at Macrae.

  • E-Discovery Quarterly: Rulings On Custodian Selection

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    Several recent rulings make clear that the proportionality of additional proposed custodians will depend on whether the custodians have unique relevant documents, and producing parties should consider whether information already in the record will show that they have relevant documents that otherwise might not be produced, say attorneys at Sidley.

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