Federal
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May 12, 2025
Feds Say Tribal Tariff Dispute Must Stay In US Trade Court
The U.S. Department of Homeland Security is fighting Montana tribal members' attempt to stop the transfer of their lawsuit challenging President Donald Trump's Canada tariff orders from federal court to the U.S. Court of International Trade, saying the CIT has exclusive jurisdiction over the case.
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May 12, 2025
DC Judge Declines To Block IRS From Sharing Info With ICE
A D.C. federal judge rejected Monday a trio of immigration advocacy groups' request to block the Internal Revenue Service from sharing with immigration enforcement agencies the names and addresses of people suspected of being in the country illegally.
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May 12, 2025
Tax Court Calls Tax Lawyer's Arguments Against IRS Frivolous
The U.S. Tax Court found Monday that a tax lawyer who was admitted to practice before the court had advanced four frivolous arguments contesting the authority of the IRS, upholding over $1 million in deficiencies and other additions to tax.
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May 12, 2025
Ex-Senators, Judges Support Business In Trump Tariff Fight
A stationery company challenging President Donald Trump's global tariffs has received support from former U.S. senators and retired federal judges who told a Florida federal court that the power to impose trade measures remains squarely with Congress.
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May 12, 2025
Man Who Moved Failed To Fight Tax Bill On Time, Court Says
A man who didn't immediately notify the IRS that he moved missed his chance to dispute a tax bill the agency sent to his former home, the U.S. Tax Court ruled Monday, saying he failed to show he should've been given extra time to bring his case.
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May 12, 2025
Tax Interest Rates Will Remain Steady For July
The Internal Revenue Service's interest rates for overpayments and underpayments of tax will remain the same in the quarter starting in July, the agency said Thursday.
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May 12, 2025
Eaton Allowed To Shield Some Worker Reviews From IRS
Eaton Corp. may withhold performance evaluations for three foreign employees from the IRS' investigation of Eaton's sale of intellectual property to an Irish affiliate, an Ohio federal judge decided Monday, saying the records are not important enough to the tax investigation to justify violating European privacy law.
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May 12, 2025
Tax Court Affirms Mortgage Co.'s $7M Income For Deduction
A mortgage company can deduct nearly $7 million in corporate income for 2014, the U.S. Tax Court ruled Monday, affirming adjustments made to correct accounting errors tied to its warehouse-lending business.
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May 12, 2025
US, China Agree To Temporarily Cut Soaring Tariffs
The U.S. will cut tariffs on most Chinese goods to 30% for 90 days while China will reduce tariffs on most U.S. goods to 10%, the countries announced Monday after the two governments agreed to relax soaring tariffs.
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May 12, 2025
Gunster Tax Ace Jumps To Spencer Fane In Tampa
Spencer Fane LLP announced Monday that it has bolstered its tax, trusts and estates practice group in Tampa with the addition of a former Gunster shareholder.
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May 12, 2025
GOP Floats $30,000 SALT Cap, Renewed R&D Credit
House Ways and Means Republicans proposed a $30,000 state and local tax deduction cap and a renewed research and development credit in updated legislation to extend their 2017 tax overhaul law, which the committee plans to consider Tuesday.
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May 12, 2025
IRS Paid $21B In Improper Tax Credits, TIGTA Says
The Internal Revenue Service made $21.4 billion in improper refundable tax credit payments last year and again failed to meet lawmakers' goal to reduce its rate of incorrect payments to 10%, the Treasury Inspector General for Tax Administration said Monday.
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May 12, 2025
Biz Groups Back Bill To Expand FDII Tax Benefits
A coalition of business lobbying groups has thrown its weight behind proposed legislation that would expand tax breaks for domestically held intellectual property, saying the changes would build on the goals of the 2017 federal tax overhaul.
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May 12, 2025
Jury Clears Biz Owner's Wife Of $2M Payroll Tax Debt
The wife of a man found liable for construction company employment taxes is off the hook for $2 million in liabilities, a New York federal jury found, saying she was not responsible for collecting the taxes and paying them over to the federal government.
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May 12, 2025
Exxon Wants Chemicals Added To Taxable Substances List
The Internal Revenue Service is seeking comments on proposals to add nine chemicals to its list of taxable substances, eight of which were put forward by Exxon Mobil, the agency said Monday.
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May 09, 2025
'Proud' Judge Says No Prison For $1.3B Tax Fraud Witnesses
A Georgia federal judge handed down a pair of what he called "stunningly lenient" no-prison sentences Friday to two brothers who served as key cooperating witnesses in a first-of-its-kind federal case against a sprawling, $1.3 billion tax fraud scheme.
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May 09, 2025
PL 86-272 Expansion May Face Rocky Path Through Congress
The fate of an element of a House budget reconciliation bill that would broaden state income tax protections for businesses may rest with the Senate parliamentarian's view on whether the provision passes muster under reconciliation rules.
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May 09, 2025
Tariffs And Tax Breaks Offer Risky Lifeline To US Film Industry
President Donald Trump's call for a 100% tariff on films made outside the U.S. has potential to improve a struggling domestic industry if it is considered in conjunction with new federal tax incentives to restore production, but the idea hasn't yet gathered support in Congress, according to lawyers who spoke to Law360.
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May 09, 2025
GOP Unveils Plan To Cement 2017 Tax Cuts, Expand Biz Relief
House Republicans plan to meet Tuesday to deliberate a sweeping extension of their 2017 tax overhaul that would lock in low individual rates and deduction limits, expand child care and estate tax breaks, and make permanent tax incentives for small pass-through businesses and U.S. multinational corporations.
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May 09, 2025
IRS Cuts May Hinder Prep For 2026 If TCJA Is Renewed
Internal Revenue Service staff cuts and retirements could hamper planning for next year's filing season if Congress renews the 2017 tax overhaul this year as planned while withholding resources needed to modernize the agency's systems, a former agency commissioner warned Friday.
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May 09, 2025
US Seeking A Global Minimum Tax Carveout, Official Says
The U.S. tax system is "robust enough" for other countries to refrain permanently from applying the 15% global minimum tax to any income that the U.S. taxes or monitors, but an arrangement must be struck before a safe harbor expires, a Treasury Department official said Friday.
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May 09, 2025
Express Scripts To Appeal Denied Tax Break In $43M Suit
Express Scripts is appealing rulings denying it a $43 million tax refund for domestic production activities after a Missouri federal court said the company did not qualify because it did not grant licenses to pharmacy benefit plan sponsors who used its software, the pharmacy benefit manager said Friday.
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May 09, 2025
Tax Exemption Case May Bring Sweeping Impact, Attys Say
A U.S. Supreme Court case considering a religious exemption to unemployment taxes sought by a charity could have implications across a broad swath of organizations, tax practitioners said Friday.
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May 09, 2025
Souter's Clerks Remember Him As Humble, Kind And Caring
Former clerks of retired U.S. Supreme Court Justice David H. Souter are heartbroken over the death of a man many of them remember more for his conscientiousness, humility, kindness and disdain for the spotlight than for his undeniable brilliance as a jurist.
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May 09, 2025
Hiker And 'Raconteur': Atty Recalls 50-Year Bond With Souter
Behind a towering legal legacy was a man who loved to hike mountains, could recall details of things he read decades ago and was always there for those he cared about, a New Hampshire attorney said as he reflected on a lifelong friendship with U.S. Supreme Court Justice David Souter.
Expert Analysis
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Mirror, Mirror On The Wall, Is My Counterclaim Bound To Fall?
A Pennsylvania federal court’s recent dismissal of the defendants’ counterclaims in Morgan v. Noss should remind attorneys to avoid the temptation to repackage a claim’s facts and law into a mirror-image counterclaim, as this approach will often result in a waste of time and resources, says Matthew Selmasska at Kaufman Dolowich.
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3 Leadership Practices For A More Supportive Firm Culture
Traditional leadership styles frequently amplify the inherent pressures of legal work, but a few simple, time-neutral strategies can strengthen the skills and confidence of employees and foster a more collaborative culture, while supporting individual growth and contribution to organizational goals, says Benjamin Grimes at BKG Leadership.
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E-Discovery Quarterly: Rulings On Hyperlinked Documents
Recent rulings show that counsel should engage in early discussions with clients regarding the potential of hyperlinked documents in electronically stored information, which will allow for more deliberate negotiation of any agreements regarding the scope of discovery, say attorneys at Sidley.
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Loper Bright Limits Federal Agencies' Ability To Alter Course
The U.S. Supreme Court's recent decision to dismantle Chevron deference also effectively overrules its 2005 decision in National Cable & Telecommunications Association v. Brand X, greatly diminishing agencies' ability to change regulatory course from one administration to the next, says Steven Gordon at Holland & Knight.
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A Guide To Long-Term, Part-Time Employee Determinations
With final regulations under the Secure Act requiring 401(k) retirement benefits for long-term, part-time employees expected soon, Amy Sheridan and David Guadagnoli at Sullivan & Worcester look at how the proposed rules would shift the risk-reward calculus on excluding categories of employees, and what plan sponsors would need to consider when designing retirement plans.
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After Chevron: Delegation Of Authority And Tax Regulators
The U.S. Department of the Treasury and the Internal Revenue Service will face higher standards following Loper Bright’s finding that courts should determine whether agency rules meet the best possible interpretation of the tax code, as well as the scope of the authority delegated by Congress, says Edward Froelich at McDermott.
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Lawyers Can Take Action To Honor The Voting Rights Act
As the Voting Rights Act reaches its 59th anniversary Tuesday, it must urgently be reinforced against recent efforts to dismantle voter protections, and lawyers can pitch in immediately by volunteering and taking on pro bono work to directly help safeguard the right to vote, says Anna Chu at We The Action.
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How To Grow Marketing, Biz Dev Teams In A Tight Market
Faced with fierce competition and rising operating costs, firms are feeling the pressure to build a well-oiled marketing and business development team that supports strategic priorities, but they’ll need to be flexible and creative given a tight talent market, says Ben Curle at Ambition.
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Rock Climbing Makes Me A Better Lawyer
Rock climbing requires problem-solving, focus, risk management and resilience, skills that are also invaluable assets in my role as a finance lawyer, says Mei Zhang at Haynes and Boone.
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Contract Disputes Recap: Preserving Payment Rights
Stephanie Magnell and Zachary Jacobson at Seyfarth examine three recent decisions that together illustrate the importance of keeping accurate records and adhering to contractual procedures to avoid inadvertently waiving contractual rights to cost reimbursements or nonroutine payments.
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Think Like A Lawyer: Dance The Legal Standard Two-Step
From rookie brief writers to Chief Justice John Roberts, lawyers should master the legal standard two-step — framing the governing standard at the outset, and clarifying why they meet that standard — which has benefits for both the drafter and reader, says Luke Andrews at Poole Huffman.
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After Jarkesy, IRS Must Course-Correct On Captive Insurance
The U.S. Supreme Court’s recent Securities and Exchange Commission v. Jarkesy decision has profound implications for other agencies, including the IRS, which must stop ignoring due process and curtailing congressional intent in its policing of captive insurance arrangements, says Peter Dawson at the 831(b) Institute.
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Lead Like 'Ted Lasso' By Embracing Cognitive Diversity
The Apple TV+ series “Ted Lasso” aptly illustrates how embracing cognitive diversity can be a winning strategy for teams, providing a useful lesson for law firms, which can benefit significantly from fresh, diverse perspectives and collaborative problem-solving, says Paul Manuele at PR Manuele Consulting.