Federal
- 
									September 05, 2025
									Taxation With Representation: Milbank, Wachtell, LathamIn this week's Taxation With Representation, aircraft lessor Air Lease Corp. agrees to a take-private deal, Evernorth Health Services invests billions in Shields Health Solutions, Cadence Design Systems Inc. acquires the design and engineering business of Hexagon AB, and Kraft Heinz Co. plans to split into two independent, publicly traded companies. 
- 
									September 05, 2025
									Fla. Magistrate Advises Arrest In $19.6M Foreign Account CaseA Florida magistrate judge recommended an order for the arrest of a dual U.S.-German citizen who has failed to pay about $19.6 million in penalties for undisclosed Swiss bank accounts, holding that imposing additional fines would be "an empty gesture." 
- 
									September 05, 2025
									What Tax Pros Read During Their Summer VacationWhat do tax professionals read in their spare time? A wide variety of books, it turns out. Here, Law360 looks at the books enjoyed by tax lawyers, professors and analysts who spoke with Law360. 
- 
									September 05, 2025
									Weekly Internal Revenue BulletinThe Internal Revenue Service's weekly bulletin, issued Friday, included the agency's plan to remove rules that would have forced companies to recognize income from payments that are disregarded for U.S. taxes yet reduce income in a foreign jurisdiction. 
- 
									September 05, 2025
									Public Hearing On Offshore Profit Regs Set For OctoberA public hearing is scheduled for next month on proposed rules that would require U.S. multinational companies to create annual shareholder accounts and follow new pooling concepts to account for previously taxed earnings and profits, the U.S. Treasury Department said Friday. 
- 
									September 05, 2025
									IRS Security Lapses Could Put Tax Data At Risk, TIGTA SaysThe Internal Revenue Service has missed deadlines for resolving security vulnerabilities in its computer systems, the U.S. Treasury Inspector General for Tax Administration said Friday, warning that the lapses could expose taxpayer data to increased risk of attack. 
- 
									September 04, 2025
									Ill. Toymakers Ask Justices To Resolve Tariff Suit Venue SplitA pair of toymakers asked the U.S. Supreme Court Thursday to resolve a jurisdictional dispute concerning challenges to President Donald Trump's emergency tariffs, saying the justices should hear their case at the D.C. Circuit along with the federal government's just-filed appeal of a Federal Circuit decision that invalidated Trump's tariffs. 
- 
									September 04, 2025
									Tax Court Affirms SC Man's Tax Deficiency, PenaltiesA South Carolina man owes the IRS more than $16,000 after underreporting his income for the 2018 tax year, and he is liable for a $10,000 penalty, the U.S. Tax Court said in an opinion Thursday. 
- 
									September 04, 2025
									Ex-CEO Should Start Sentence For Tax Crimes, Court ToldA former software executive convicted of failing to pay employment taxes should not be allowed again to delay reporting to prison, the government told a North Carolina federal court Thursday, saying the man's new dental issues weren't serious enough to stop him from beginning his sentence. 
- 
									September 04, 2025
									ABA Tax President-Elect Plans To Build On Section's SuccessLisa Zarlenga, a Steptoe LLP partner, is serving as president-elect of the American Bar Association's Section of Taxation for the 2025–2026 term, officially taking on the role this month with the goal of building the strength of the organization for the next generation of tax attorneys. In an interview with Law360, Zarlenga discussed what she enjoys about tax practice, how the section has shaped her career and her vision for strengthening the organization to support future generations of tax attorneys. 
- 
									September 04, 2025
									PBM Rule Included In DOL Benefits Arm's Regulatory UpdateThe U.S. Department of Labor's employee benefits arm detailed several new regulations in the works Thursday, including a new fee disclosure rule involving pharmacy benefit managers and plans to revisit retirement plan fiduciary investment advice regulations, according to the administration's latest regulatory update. 
- 
									September 04, 2025
									Gov't Can Foreclose On Physician's Home Over $2M Tax DebtA physician and his wife owe more than $2 million in unpaid taxes after failing to file returns for nearly a decade, a Texas federal court found, ruling that the U.S. government can sell the couple's home to help pay the debt. 
- 
									September 04, 2025
									Gov't Urges Justices To Fast-Track Emergency Tariff SuitThe U.S. Supreme Court must consider under a proposed fast-track schedule the Federal Circuit's finding of President Donald Trump's emergency tariffs as unlawful or jeopardize the recent bilateral trade agreements and the improvements to the U.S. economy as a result of those duties, the administration said. 
- 
									September 03, 2025
									House Appropriations Panel Advances $2.8B IRS Funding CutThe House Appropriations Committee approved legislation Wednesday that would cut the Internal Revenue Service's funding by $2.8 billion for the 2026 fiscal year, sending the proposal to the full House for consideration. 
- 
									September 03, 2025
									11th Circ. Affirms Prison Sentence For False Tax ReturnsA Florida tax return preparer who admitted to helping prepare false returns must finish serving more than two years in prison, the Eleventh Circuit ruled Wednesday, rejecting his claim that his employees were to blame. 
- 
									September 03, 2025
									Northwestern Mutual Seeks $23M Tax Refund For Free MealsNorthwestern Mutual is seeking a refund of $23 million in taxes for on-campus lunches it provided to employees, telling a Wisconsin federal court that the IRS improperly denied the company an exclusion on taxable income for the meals. 
- 
									September 03, 2025
									Senate To Hold Treasury, IRS Nomination Hearings Next WeekThe Senate Finance Committee said Wednesday that it has scheduled nomination hearings for high-ranking officials at the U.S. Department of the Treasury and the Internal Revenue Service for Sept. 10. 
- 
									September 03, 2025
									Software Co. Founder Fights $100M Tax Bill At 11th Circ.A software company founder facing more than $100 million in tax debt from his participation in an illegal tax shelter should have been allowed to settle with the Internal Revenue Service for $1.5 million because he can't pay the whole bill, he told the Eleventh Circuit. 
- 
									September 03, 2025
									Tax Court Must Reconsider Medtronic Pricing, 8th Circ. SaysThe U.S. Tax Court should reconsider its use of a hybrid approach for pricing intangibles that Medtronic licensed to a Puerto Rican affiliate, the Eighth Circuit said Wednesday, vacating the ruling and directing the court to revisit the IRS' pricing method. 
- 
									September 02, 2025
									11th Circ. Affirms Slashing Ex-Braves' $47M Easement BreakA $47 million conservation easement deduction for a partnership founded by two former Atlanta Braves players was overvalued, the Eleventh Circuit affirmed Tuesday, saying none of the partnership's arguments undermined the U.S. Tax Court's finding that the easement property was worth far less than it claimed. 
- 
									September 02, 2025
									Jury Misled On Tax Fraud Conspiracy Charge, 10th Circ. RulesThe Tenth Circuit overturned Tuesday a conviction against a man who did not report trust income on his personal tax returns, saying the New Mexico district court erred in presenting instructions on the conspiracy charges to both the jury and defendant's counsel. 
- 
									September 02, 2025
									Firm Urges 2nd Circ. To Review $142M Earnings BoostA New York investment company has asked the Second Circuit to review a U.S. Tax Court ruling that sustained a $142 million increase to its net earnings and found its principals did not qualify as limited partners for an exception from self-employment income tax. 
- 
									September 02, 2025
									Most Employers Paid Taxes After COVID Delay, Report SaysMost employers who put off paying Social Security taxes during the pandemic have paid their bills, the Treasury Inspector General for Tax Administration said Tuesday, although some employers who didn't pay were incorrectly charged penalties by the IRS. 
- 
									September 02, 2025
									IRS Withdraws Rule On Tax Data Use In Passport RevocationsThe IRS will scrap a 2018 proposed rule that would have allowed the U.S. State Department to share taxpayer return information with contractors that assist in the revocation or denial of passports of individuals with serious tax debts, the agency announced Monday, calling the rule unnecessary. 
- 
									September 02, 2025
									Colgate-Palmolive To Shell Out $332M In Pension Payout FightColgate-Palmolive retirees asked a New York federal judge to greenlight a $332 million class action deal in their suit claiming the household products company shorted them on lump-sum retirement payouts, signaling the end of a nearly decade-old case that reached the Second Circuit in 2023. 
Expert Analysis
- 
								
								5 Keys To Building Stronger Attorney-Client Relationships  Attorneys are often focused on being seen as the expert, but bonding with clients and prospects by sharing a few key personal details provides the basis for a caring, trusted and profoundly deeper business relationship, says Deb Feder at Feder Development. 
- 
								
								Notable Q4 Updates In Insurance Class Actions  In a continuation of trends in property and casualty insurance class actions, last quarter insurers struggled with defending the merits and class certification of sales tax and fee suits, and labor depreciation cases, but succeeded in dismissing privacy class actions at the pleading stages, says Mathew Drocton at BakerHostetler. 
- 
								
								Attorneys Must Act Now To Protect Judicial Independence  Given the Trump administration's recent moves threatening the independence of the judiciary, including efforts to impeach judges who ruled against executive actions, lawyers must protect the rule of law and resist attempts to dilute the judicial branch’s authority, says attorney Bhavleen Sabharwal. 
- 
								
								Rethinking 'No Comment' For Clients Facing Public Crises  “No comment” is no longer a cost-free or even a viable public communications strategy for companies in crisis, and counsel must tailor their guidance based on a variety of competing factors to help clients emerge successfully, says Robert Bowers at Moore & Van Allen. 
- 
								
								How Design Thinking Can Help Lawyers Find Purpose In Work  Lawyers everywhere are feeling overwhelmed amid mass government layoffs, increasing political instability and a justice system stretched to its limits — but a design-thinking framework can help attorneys navigate this uncertainty and find meaning in their work, say law professors at the University of Michigan. 
- 
								
								Justices' Certiorari Denial Leaves Interstate Tax Questions  Since the U.S. Supreme Court recently declined to review a Philadelphia resident’s claim that her Delaware state income taxes should be credited against her city wage tax liabilities, constitutional questions about state and local tax distinctions linger, and some states may continue to apply Supreme Court precedent differently, say attorneys at Dentons. 
- 
								
								Corp. Transparency Act's Future Under Treasury's Bessent  The Corporate Transparency Act’s ultimate fate faced uncertain terms at the end of 2024, but new U.S. Department of the Treasury Secretary Scott Bessent's statements and actions so far demonstrate that he does not intend to ignore the law, though he may attempt to make modifications, say attorneys at Taylor English. 
- 
								
								A Look At A Possible Corporate Transparency Act Exemption  Attorneys at Kirkland offer a deep dive into the application of the Corporate Transparency Act's reporting requirements specifically to U.S.-domiciled co-issuers in typical collateralized loan obligation transactions, and consider whether such issuers may be able to assert an exemption from the CTA's reporting requirements. 
- 
								
								Inconsistent Injury-In-Fact Rules Hinder Federal Practice  A recent Third Circuit decision, contradicting a previous ruling about whether consumers of contaminated products have suffered an injury in fact, illustrates the deep confusion this U.S. Supreme Court standard creates among federal judges and practitioners, who deserve a simpler method of determining which cases have federal standing, says Eric Dwoskin at Dwoskin Wasdin. 
- 
								
								In-House Counsel Pointers For Preserving Atty-Client Privilege  Several recent rulings illustrate the challenges in-house counsel can face when attempting to preserve attorney-client privilege, but a few best practices can help safeguard communications and effectively assert the privilege in an increasingly scrutinized corporate environment, says Daniel Garrie at Law & Forensics. 
- 
								
								Emerging Energy Trends Reflect Shifting Political Landscape  As the Trump administration settles in, some emerging energy industry trends, like expanded support for fossil fuel production, are right off of its wish list — while others, like the popularity of Inflation Reduction Act energy tax credits, and bipartisan support for carbon capture, reflect more complex political realities, say attorneys at Greenberg Traurig. 
- 
								
								Tax-Free Ways To Help Employees After The LA Wildfires  Following the recent wildfires in Los Angeles, there are various tax-free ways to give employees the resources and flexibility they need, including simpler methods like disaster relief payments under Internal Revenue Code Section 139 and leave-sharing programs, and others that require more planning, says Ligeia Donis at Baker McKenzie. 
- 
								
								Judge Should Not Have Been Reprimanded For Alito Essay  Senior U.S. District Judge Michael Ponsor's New York Times essay critiquing Supreme Court Justice Samuel Alito for potential ethical violations absolutely cannot be construed as conduct prejudicial to the administration of the business of the courts, says Ashley London at the Thomas R. Kline School of Law of Duquesne University.