Federal

  • March 05, 2026

    Feds Can't Repatriate Trusts In $28M Tax Suit, Court Told

    The U.S. government cannot force a Floridian facing a $28 million tax bill to repatriate assets from his trusts because they're governed by Bahamian law and thus the trustee, a Bahamian trust provider, has sole discretion over making distributions, the provider told a federal court.

  • March 05, 2026

    Two Dozen States Sue Trump To Halt New Global Tariffs

    A coalition of 24 states sued President Donald Trump's administration Thursday in the U.S. Court of International Trade to block global tariffs that the White House imposed shortly after the U.S. Supreme Court struck down an earlier round of tariffs.

  • March 05, 2026

    Tax Court Sets Texas As Man's Residence In Levy Feud

    Texas is the legal residence of a man who owes the thousands of dollars to the Internal Revenue Service, the U.S. Tax Court said in a bench opinion Thursday in a tax levy dispute.

  • March 05, 2026

    IRS Proposes Digital Asset Broker Regs

    Digital asset brokers would be allowed to provide statements electronically under proposed regulations released Thursday by the U.S. Department of the Treasury and Internal Revenue Service.

  • March 05, 2026

    IRS Begins Removal Of Partnership Basis-Shifting Regs

    The U.S. Treasury Department and IRS officially proposed revoking partnership basis-shifting regulations Thursday that were meant to curb income tax abuse but have been criticized as burdening businesses.

  • March 04, 2026

    Fla. Court Urged To Toss $19M Tax Fine Decided With No Jury

    A U.S.-German citizen asked a Florida federal court to toss a nearly $19.6 million tax penalty assessed by the IRS for failing to report foreign bank account information, telling a judge on Wednesday that he wasn't able to take his case before a jury. 

  • March 04, 2026

    IRS Chief Says '26 Tax Filing Season Running Smoothly

    The 2026 tax filing season is progressing smoothly, with about 55 million returns already submitted and taxpayers receiving refunds averaging $775 higher than last year, the Internal Revenue Service said Wednesday.

  • March 04, 2026

    Real Estate Owner Seeks Probation For $5M Tax Evasion

    A commercial real estate owner found guilty of hiding nearly $5 million in income from the Internal Revenue Service asked a Washington federal court for a sentence of home confinement, saying he has changed his family business to eliminate the chances he will file false or late returns.

  • March 04, 2026

    CIT Judge Orders That All IEEPA Tariffs Must Be Refunded

    The U.S. government must refund any tariff charged under President Donald Trump's now-struck-down International Emergency Economic Powers Act tariff regime, regardless of whether the affected company filed suit at the U.S. Court of International Trade seeking a refund, a CIT judge ordered Wednesday.

  • March 04, 2026

    11th Circ. Shouldn't Apply 3M Ruling To Coke, Gov't Says

    The Eleventh Circuit should not apply the reasoning used by the Eighth Circuit in its October ruling for 3M Co. to allow Coca-Cola to indefinitely defer taxes it owes under IRS transfer pricing regulations, the U.S. government said Wednesday.

  • March 04, 2026

    US To Hike Global Tariffs To 15% This Week, Bessent Says

    The U.S. will "likely" raise the rate of its global tariff regime to 15% this week, Treasury Secretary Scott Bessent said Wednesday, all but ensuring that the country's total tariff rates will exceed agreed-upon limits in many key trade deals.

  • March 04, 2026

    IRS Puts 7 Countries On Time Requirement Waiver List

    The Internal Revenue Service has added seven countries, including Haiti, Ukraine and Iraq, to the list of countries for tax year 2025 where minimum time requirements for individuals electing to exclude their foreign earned income are waived.

  • March 04, 2026

    Texas Couple Owes $1.8M From Nix Of Farming Deduction

    A Texas couple that had claimed three years of farming losses owes deficiencies of just over $1.8 million for 2015-18, the U.S. Tax Court said in an order and decision upholding IRS computations in the case.

  • March 04, 2026

    Tax Court Urged To Restore $20M Easement Deduction

    A partnership belonging to two conservationists challenged the Internal Revenue Service's rejection of its $20 million tax deduction for donating a protective easement in South Carolina, telling the U.S. Tax Court that land values around the property had risen substantially.

  • March 04, 2026

    Firm's Suit Against GILTI Regs Fails On Details, DC Court Told

    A law firm failed to articulate the costs it incurred for complying with tax regulations for overseas income, the U.S. told a D.C. federal court, urging it to toss the firm's suit alleging the rules disproportionately burden small businesses.   

  • March 04, 2026

    Tariffs To Offset Some GDP Gains From Tax Cuts, Report Says

    If kept permanently, President Donald Trump's tariffs would offset more than a quarter of gross domestic product growth expected from tax cuts in the 2025 federal budget law while making up for a smaller fraction of the law's reductions to revenue, according to the Tax Foundation.

  • March 04, 2026

    Global Business Group Asks To Cut Debt-Equity Regs

    A group that advocates for international business investments in the U.S. asked the U.S. Treasury Department to withdraw remaining Obama-era tax regulations on distributions and consolidated returns that it said hurt investors.

  • March 03, 2026

    Dems' Plan To Regain House Will Target Trump's Tax Policies

    House Democrats emerged from a three-day legislative issues conference with a strategy to persuade voters to hand them congressional control in November focusing on promises to lower prices for working-class Americans while criticizing the economic chaos they attribute to President Donald Trump's tariff, tax and immigration policies.

  • March 03, 2026

    Md. Doctor Liable For Payroll Taxes, Court Says

    A Maryland physician is legally responsible for more than $147,000 in unpaid payroll taxes even though the liability stemmed from his brother's embezzlement of the family's business funds, a U.S. Tax Court judge said Tuesday.

  • March 03, 2026

    Fed. Circ. Wrestles With Treaty Language In Tax Credit Fights

    A Federal Circuit panel grappled Tuesday with how to interpret a phrase in the U.S. government's tax treaties with Canada and France that allows foreign tax credits subject to limitations in the Internal Revenue Code as it weighed two refund disputes.

  • March 03, 2026

    IRS Sets 2026 Car Depreciation Deduction Limits

    Some vehicles placed in service in 2026 will be eligible for an additional depreciation deduction of up to $20,300 for the first tax year, the Internal Revenue Service said Tuesday.

  • March 03, 2026

    DC Circ. Urged To Aid Discovery In ICE-IRS Data-Sharing Case

    A taxpayer group challenging the legality of a deal allowing the Internal Revenue Service to share taxpayer location information with immigration authorities asked the D.C. Circuit to remand part of the case to investigate the IRS' admission that it improperly shared addresses under the agreement.

  • March 03, 2026

    Gov't Goes After $19M In Biofuel Tax Credit Fraud Case

    A businessman who owes more than $19 million to a company subject to forfeiture over its involvement in a $511 million biofuel tax credit fraud must hand over the money to the federal government now that a catfishing scheme targeting him is resolved, the government told a Utah federal court.

  • March 03, 2026

    Direct Access To Tax Info Could Help SBA, GAO Says

    The Small Business Administration could lessen its financial risk in distributing loans through its disaster aid program by seeking statutory authority to directly access the tax data of applicants, the U.S. Government Accountability Office reported Tuesday.

  • March 02, 2026

    4 Things That Likely Sealed Fate Of SCOTUSblog Founder

    When 12 "guilty" verdicts were read aloud by the jury in SCOTUSblog founder Thomas Goldstein's tax evasion and mortgage fraud trial last week, it was the culmination of a 16-day trial that took jurors deep into Goldstein's ultra high-stakes poker playing, his lavish lifestyle and his former law firm's accounting. Here, Law360 looks at four key pieces of evidence that likely moved jurors to their decision.

Expert Analysis

  • The Law Firm Merger Diaries: Making The Case To Combine

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    When making the decision to merge, law firm leaders must factor in strategic alignment, cultural compatibility and leadership commitment in order to build a compelling case for combining firms to achieve shared goals and long-term success, says Kevin McLaughlin at UB Greensfelder.

  • What To Watch As NY LLC Transparency Act Is Stuck In Limbo

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    Just about a month before it's set to take effect, the status of the New York LLC Transparency Act remains murky because of a pending amendment and the lack of recent regulatory attention in New York, but business owners should at least prepare for the possibility of having to comply, says Jonathan Wilson at Buchalter.

  • Despite Deputy AG Remarks, DOJ Can't Sideline DC Bar

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    Deputy Attorney General Todd Blanche’s recent suggestion that the D.C. Bar would be prevented from reviewing misconduct complaints about U.S. Department of Justice attorneys runs contrary to federal statutes, local rules and decades of case law, and sends the troubling message that federal prosecutors are subject to different rules, say attorneys at HWG.

  • 8th Circ. Decision Shipwrecks IRS On Shoals Of Loper Bright

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    The Eighth Circuit’s recent decision invalidating transfer pricing regulations in 3M Co. v. Commissioner may be the most significant tax case implementing Loper Bright's rejection of agency deference as a judicial tool in statutory construction, says Edward Froelich at McDermott.

  • Rule Amendments Pave Path For A Privilege Claim 'Offensive'

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    Litigators should consider leveraging forthcoming amendments to the Federal Rules of Civil Procedure, which will require early negotiations of privilege-related discovery claims, by taking an offensive posture toward privilege logs at the outset of discovery, says David Ben-Meir at Ben-Meir Law.

  • Litigation Funding Could Create Ethics Issues For Attorneys

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    A litigation investor’s recent complaint claiming a New York mass torts lawyer effectively ran a Ponzi scheme illustrates how litigation funding arrangements can subject attorneys to legal ethics dilemmas and potential liability, so engagement letters must have very clear terms, says Matthew Feinberg at Goldberg Segalla.

  • SEC's Dual Share Class Approval Signals New Era For ETFs

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    The U.S. Securities and Exchange Commission's recent approval of the dual share class structure marks a landmark moment for the U.S. fund industry, opening the door for asset managers to benefit from combining mutual fund and exchange-traded fund share classes under a single portfolio, say Ilan Guedj at Bates White and Brian Henderson at George Washington University.

  • E-Discovery Quarterly: Recent Rulings On Dynamic Databases

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    Several recent federal court decisions illustrate how parties continue to grapple with the discovery of data in dynamic databases, so counsel involved in these disputes must consider how structured data should be produced consistent with the requirements of the Federal Rules of Civil Procedure, say attorneys at Sidley.

  • What To Do If A Retirement Plan Participant Is Deported

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    Given recent immigration policy changes in the U.S., many businesses are experiencing employee deportations, but retirement plan administrators should still pay and report benefits to avoid violating the plan, the Employee Retirement Income Security Act or tax reporting requirements, says Teri King at Smith Gambrell.

  • Defeating Estoppel-Based Claims In Legal Malpractice Actions

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    State supreme court cases from recent years have addressed whether positions taken by attorneys in an underlying lawsuit can be used against them in a subsequent legal malpractice action, providing a foundation to defeat ex-clients’ estoppel claims, says Christopher Blazejewski at Sherin and Lodgen.

  • The Biz Court Digest: How It Works In Massachusetts

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    Since its founding in 2000, the Massachusetts Business Litigation Session's expertise, procedural flexibility and litigant-friendly case management practices have contributed to the development of a robust body of commercial jurisprudence, say James Donnelly at Mirick O’Connell, Felicia Ellsworth at WilmerHale and Lisa Wood at Foley Hoag.

  • Why Appellees Should Write Their Answering Brief First

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    Though counterintuitive, appellees should consider writing their answering briefs before they’ve ever seen their opponent’s opening brief, as this practice confers numerous benefits related to argument structure, time pressures and workflow, says Joshua Sohn at the U.S. Department of Justice.

  • Attys Beware: Generative AI Can Also Hallucinate Metadata

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    In addition to the well-known problem of AI-generated hallucinations in legal documents, AI tools can also hallucinate metadata — threatening the integrity of discovery, the reliability of evidence and the ability to definitively identify the provenance of electronic documents, say attorneys at Law & Forensics.

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