Featured Stories

NYC 2nd Home Tax Raises Residency, Co-Op Value Questions

A tax on high-value second homes in New York City slated to take effect in the coming months could lead to dispute... (more story)

Tax Atty's AI Tools Help Firm Tackle IRS Debt, COVID Refunds

A tax controversy attorney has developed platforms using artificial intelligence to help clients sort through Inte... (more story)

Int'l Tax In May: Tariff Refunds Begin, New Levies Thrown Out

The U.S. Court of International Trade held last month that the temporary tariffs imposed by President Donald Trump... (more story)

Federal More

Jury Hears Closings In Trial Over Alleged Tax Shelter Scheme

Prosecutors told a Colorado federal jury Thursday that four individuals defrauded the government by using their businesses to help promote and sell abusive and illegal trust tax shelters, while the defendants ... (more story)

Feds Appeal Trade Court's Emergency Tariff Refund Order

The federal government has appealed the U.S. Court of International Trade's order requiring refunds on all duties paid under the International Emergency Economic Powers Act after the U.S. Supreme Court struck ... (more story)

Ex-Surgeon Agrees To $7.7M Tax Bill From Offshore Scheme

A retired plastic surgeon reached a $7.7 million settlement with the federal government to resolve an Internal Revenue Service case alleging that he ran an offshore employee leasing scheme, according to an agr... (more story)

Goldstein Seeks Sentencing Delay, Citing New Tax Claims

SCOTUSblog founder Thomas Goldstein renewed his push Wednesday in Maryland federal court for a delayed sentencing, saying prosecutors blindsided his defense by including additional uncharged years of alleged t... (more story)

Blanche's AG Bid Could Face Rocky Path In Senate

Acting Attorney General Todd Blanche will be tapped for the permanent role, but he might not have a smooth path to confirmation.

Tax Court Didn't Err In Voiding $713M Deduction, IRS Says

A real estate development partnership failed to show that the U.S. Tax Court made errors that undermined its ruling eliminating a $713 million deduction to the partnership for 2012, the IRS argued, saying the ... (more story)

Dems Press Bessent On 'Weaponization' Fund, Trump Audits

Senate Democrats questioned Treasury Secretary Scott Bessent on Wednesday about details of a settlement that included a since-dropped plan for a $1.8 billion fund that could have been used to pay off Jan. 6 de... (more story)

State & Local More

State Tax Pros Say Federal Coupling Is No Longer Routine

States' decisions of whether to conform their tax codes to the federal code, at one time a matter of routine, have become increasingly complex, state tax professionals said Thursday.

Wash. Justices Won't Review Card Processor's Tax Refund

Washington state's high court declined to review a lower court decision finding that the state's tax agency wrongly included fees charged by issuing banks in a credit card processor's gross income calculation.

NY AG Must Preserve Cohen Docs In Trump's Civil Fraud Case

The New York state trial court judge overseeing President Donald Trump's civil fraud case granted his request to preserve notes from private meetings between state litigators and Trump's former attorney Michae... (more story)

Colo. OKs Penalties For False Property Valuation Statements

Colorado could impose criminal penalties on owners of nonresidential property who willfully give false valuation information to county authorities under legislation signed into law by Gov. Jared Polis.

Minn. Justices OK Liquor Retailer's 6-Year Sales Tax Bill

Minnesota's revenue commissioner properly applied the statute of limitations when hitting a liquor retailer with a $639,000 assessment for substantial underreporting of sales over six years, the state's Suprem... (more story)

5 Things Associates Must Ask About Their Firm's Merger Plan

The associates who navigate law firm mergers best ask the right questions early, such as inquiring about partners' plans, to assess how the merger could affect their workflow and career path, says Jackie Bokse... (more story)

USTR Floats Double-Digit Tariffs On Basis Of Forced Labor

Sixty economies are facing added tariffs of either 10% or 12.5% on their exports to the U.S. following investigations by the U.S. Trade Representative's Office into countries' protections against the importing... (more story)

International More

HMRC Defends Tax Win In £10M Share Payout Dispute

The U.K.'s tax authority told a London court Thursday that a shareholder payout falls within anti-tax avoidance rules in a case concerning the tax treatment of £10 million ($13.4 million) in shares paid out fo... (more story)

HMRC Arrests Two Over Suspected £153M TikTok Tax Scam

The tax authority said Thursday that it had arrested two men suspected of using TikTok to perpetrate an alleged multi-million-pound tax fraud by persuading users to hand over tax account details with the promi... (more story)

UK Adults Unaware Of Inheritance Tax Relief, Insurer Says

Almost three-quarters of British adults don't know that certain gifts are exempt from inheritance tax as the fiscal rules for estates and pensions are set to change in April 2027, according to research published Wednesday.

USTR Seeks Input On China Preferential Trade Mechanism

The Office of the U.S. Trade Representative announced what it is calling a government-to-government mechanism that will manage bilateral trade between the U.S. and China, including by considering tariff cuts, ... (more story)

Brazil Facing 25% US Tariff Over IP, Other 'Unfair Practices'

The U.S. Trade Representative proposed hitting Brazil with a broad 25% tariff following a trade investigation that it says uncovered a slew of "unfair practices that imposed burdens on American businesses," in... (more story)

2 'Rocket Dockets' And The Rules That Propel Them

The fastest civil trial courts in the country are currently in the Eastern District of Virginia and the Southern District of Florida, and their chief judges provide insights into the court rules that keep them... (more story)

US Pushes To Keep Trump Tariffs In Effect During Appeal

The Federal Circuit should maintain a pause on a lower court's order blocking President Donald Trump's temporary global tariffs with respect to Washington state and two businesses, the U.S. argued, saying the ... (more story)