Federal

  • December 04, 2025

    Judge Skeptical Implicit Support Worthless To Eaton Investors

    A U.S. Tax Court judge closely questioned Thursday an expert for Eaton who said potential investors would not have counted on financial support from the company's parent in the event it couldn't meet its obligations after acquiring an Irish entity and inverting in 2012.

  • December 04, 2025

    NYU Tax Group Backs IRS In 1st Circ. Limited Partner Row

    Partners who are active participants in a partnership's business despite their status as limited partners under state law are not exempt from the self-employment tax, New York University's tax law center told the First Circuit in support of the federal government.

  • December 04, 2025

    IRS Official Tells Court She Can't Find New Job After Leak

    The commissioner of the IRS' Large Business and International Division, who was placed on leave, told a D.C. federal court that she cannot find a new job due to the agency's alleged unlawful leak of information on her employment status to the media.

  • December 04, 2025

    Businessman Understated Income, Dividends, Tax Court Says

    An Ohio business owner failed to report wages, constructive dividends and capital gains income from his transportation and logistics firm, the U.S. Tax Court ruled Thursday, upholding the Internal Revenue Service's deficiency determinations.

  • December 04, 2025

    Treasury To Float Guidance For Budget Bill's Int'l Provisions

    The U.S. Treasury Department announced plans Thursday to issue regulations for international tax provisions that were modified under the federal budget bill in July, including guidance to help corporations calculate foreign tax credits on certain types of overseas income.

  • December 04, 2025

    IRS Issues Retirement Plan Amendments List For 2026

    The Internal Revenue Service released on Thursday the 2025 list of required changes to certain individually designed retirement plans, including modifications to rules governing minimum distributions, partnerships and trusts.

  • December 03, 2025

    GOP Expects G7 Side-By-Side Tax Deal Details This Week

    The House Ways and Means Committee's top Republican expects negotiations to wrap up this week on the technical details of the agreement with the Group of Seven countries to exempt U.S. multinational corporations from the minimum-tax system, he said Wednesday.

  • December 03, 2025

    6th Circ. Won't Revisit Flexible Tax Court Filing Deadline

    The Sixth Circuit declined to reexamine an August decision that allowed some leeway in extending the U.S. Tax Court's 90-day deadline to file a petition, according to an order dismissing a federal government bid for the full bench to adjudicate the case.

  • December 03, 2025

    Tesla, Others Qualified For Cut Of $10B In Energy Credits

    The names of some of the first companies to qualify for $10 billion in tax credits for advanced clean energy projects were announced Wednesday by the Internal Revenue Service, with the largest so far for a single company going to Elon Musk's Tesla Inc.

  • December 03, 2025

    DOJ Revives Bid To Toss Law Firm's Worker Credits Suit

    The U.S. Department of Justice revived its bid to toss most of a boutique law firm's complaint for not processing its claims for pandemic-era tax credits after settlement negotiations with the firm failed, according to Connecticut federal court documents.

  • December 03, 2025

    Global GDP Growth Fragile Due To Tariffs, OECD Says

    The global economy's gross domestic product growth in 2026 will be fragile due to the impact of U.S. tariffs and countertariffs, as well as other trade barriers, the Organization for Economic Cooperation and Development said in a report.

  • December 02, 2025

    Vanguard Investors' Attys Seek $8.3M Fee

    Attorneys representing investors that settled with Vanguard for $25 million to end claims the company improperly triggered an asset sell-off that damaged investors asked a Pennsylvania federal court on Tuesday to award them $8.3 million in fees in addition to other expenses.

  • December 02, 2025

    Exec To Admit To $1.6M Scheme Involving Taxes, Restitution

    A Massachusetts executive has agreed to plead guilty in a scheme to avoid paying income taxes and restitution in a 2008 securities fraud case by receiving more than $1.6 million in compensation and benefits under the table, federal prosecutors announced.

  • December 02, 2025

    Treasury Clarifies Tax-Advantaged 'Trump Accounts'

    The federal government issued guidance Tuesday on the new type of tax-advantaged brokerage account for children, known as Trump accounts, that specifies how to create the savings plans and who can make contributions and receive government seed money for them.

  • December 02, 2025

    ACA Expansion Lapse May Impede Organ Access, Panel Told

    Allowing the Affordable Care Act's premium tax credit expansion to lapse would make it harder for Americans to be listed for organ transplants, potentially dampening an upward trend in transplants in the years since the expansion was enacted, a panelist told House lawmakers Tuesday.

  • December 02, 2025

    Okla. Urges Justices To Turn Down Tribal Tax Case

    The Oklahoma Supreme Court properly ruled that a member of the Muscogee (Creek) Nation owes Oklahoma income tax, the state's tax commission told the U.S. Supreme Court on Tuesday, urging the court to deny the member's petition for review.

  • December 02, 2025

    Chevron Unit Entitled To $80M In Tax Credits, Tax Court Told

    A Chevron subsidiary and chemicals supplier that operates internationally is entitled to more than $80 million in tax credits for energy investments and research related to plastics production, the company has told the U.S. Tax Court in challenging denials by the Internal Revenue Service.

  • December 01, 2025

    House Votes To Expand Tax Court's Subpoena Power

    The House approved legislation Monday that would grant the U.S. Tax Court the power to issue subpoenas for pretrial production of documents and would apply mandatory recusal rules to the court's judges.

  • December 01, 2025

    Mich. County's Tax Sale Violates Constitution, Justices Told

    A Michigan county violated the takings clause of the U.S. Constitution when it took title to a home over a tax debt, then sold the home at a low price and refunded only that amount to the homeowner, the homeowner's estate told the U.S. Supreme Court on Monday.

  • December 01, 2025

    Trump Tariff Refund Rights Should Be Preserved, Costco Says

    The federal government should have to refund President Donald Trump's emergency tariffs paid by Costco Wholesale Corp., the company told the U.S. Court of International Trade.

  • December 01, 2025

    Tax Court Slashes $10M Ga. Easement Deduction

    A partnership overvalued its donation of a conservation easement across vacant land in Georgia by more than $10 million, a U.S. Tax Court judge concluded Monday, slashing the partnership's tax deduction and upholding penalties against it for overstating the property's value.

  • December 01, 2025

    Couple Can't Deduct Int'l Business Expenses, Tax Court Says

    A Kansas couple cannot deduct expenses on their personal income tax returns for money sent to two foreign corporations co-owned by the husband because they weren't classified as pass-through entities, the U.S. Tax Court said in an opinion released Monday.

  • December 01, 2025

    Attys Seek $99M From Colgate-Palmolive ERISA Pension Deal

    Attorneys representing Colgate-Palmolive retirees asked a New York federal court to approve $99 million in attorney fees and expenses from a $332 million megadeal ending claims the company skimped on pensioners' lump-sum retirement payouts, a request that comes after the court initially signed off on the settlement in October.

  • December 01, 2025

    Mental Exam Ordered For Man Accused In Tax Shelter Scheme

    A man accused of promoting abusive tax shelters may be unable to understand legal proceedings against him or help defend himself, a Colorado federal court found, ordering him to undergo a mental competency exam ahead of his trial.

  • December 01, 2025

    Judge Dismisses Minn. County's 3,000-Acre Land Trust Suit

    A federal judge has given a summary judgment win to the Interior Department in a challenge by a Minnesota county and townships over more than 3,000 acres taken into trust for the Mille Lacs Band of Ojibwe, determining that the agency's decision was not arbitrary, capricious or contrary to law.

Expert Analysis

  • Adapting To Private Practice: From DOJ Enviro To Mid-Law

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    Practitioners leaving a longtime government role for private practice — as when I departed the U.S. Department of Justice’s environmental enforcement division — should prioritize finding a firm that shares their principles, values their experience and will invest in their transition, says John Cruden at Beveridge & Diamond.

  • Legal Ethics Considerations For Law Firm Pro Bono Deals

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    If a law firm enters into a pro bono deal with the Trump administration in exchange for avoiding or removing an executive order, it has an ethical obligation to create a written settlement agreement with specific terms, which would mitigate some potential conflict of interest problems, says Andrew Altschul at Buchanan Angeli.

  • 10 Arbitrations And A 5th Circ. Ruling Flag Arb. Clause Risks

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    The ongoing arbitral saga of Sullivan v. Feldman, which has engendered proceedings before 10 different arbitrators in Texas and Louisiana along with last month's Fifth Circuit opinion, showcases both the risks and limitations of arbitration clauses in retainer agreements for resolving attorney-client disputes, says Christopher Blazejewski at Sherin and Lodgen.

  • Notable Q1 Updates In Insurance Class Actions

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    The first quarter of 2025 was filled with the refinement of old theories in the property and casualty space, including in vehicle valuation, time to seek appraisal and materials depreciation, says Mathew Drocton at BakerHostetler.

  • Power To The Paralegals: The Value Of Unified State Licensing

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    Texas' proposal to become the latest state to license paraprofessional providers of limited legal services could help firms expand their reach and improve access to justice, but consumers, attorneys and allied legal professionals would benefit even more if similar programs across the country become more uniform, says Michael Houlberg at the University of Denver.

  • 10 Soft Skills Every GC Should Master

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    As businesses face shifting regulatory and technological uncertainty, general counsel will need to strengthen certain soft skills to succeed, from admitting when they make a mistake to maintaining a healthy dose of dispassion, says Douglas Brown at Manatt.

  • An Unrestrained, Bright-Eyed View Of Legal AI's Future

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    Todd Itami at Covington offers a bright-eyed, laughing-all-the-way, skydive look at what the legal industry could look like after an artificial intelligence revolution, which he believes may happen much sooner and more dramatically than we expect.

  • Tracking The Evolution In Litigation Finance

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    Despite continued innovation, litigation finance remains an immature market with borrowers recieving significantly different terms as lenders learn to value cases, which firms need a strong handle on to ensure lending terms do not overwhelm collateral value, says Robert Wilkins at Lightfoot Franklin.

  • E-Discovery Quarterly: The Perils Of Digital Data Protocols

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    Though stipulated protocols governing the treatment of electronically stored information in litigation are meant to streamline discovery, recent disputes demonstrate that certain missteps in the process can lead to significant inefficiencies, say attorneys at Sidley.

  • Maximizing Exemptions Before TCJA Rides Into The Sunset

    Excerpt from Practical Guidance
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    Individuals with taxable estates can optimize the benefits of estate planning strategies like spousal lifetime access trusts by setting them up before increases in estate and gift tax exemptions under the 2017 Tax Cuts and Jobs Act sunset in January, say attorneys at Katten.

  • A Cold War-Era History Lesson On Due Process

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    The landmark Harry Bridges case from the mid-20th century Red Scare offers important insights on why lawyers must be free of government reprisal, no matter who their client is, says Peter Afrasiabi at One LLP.

  • How BigLaw Executive Orders May Affect Smaller Firms

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    Because of the types of cases they take on, solo practitioners, small law firms and public interest attorneys may find themselves more dramatically affected by the collective impact of recent government action involving the legal industry than even the BigLaw firms named in the executive orders, says Reuben Guttman at Guttman Buschner.

  • Lawsuits Shouldn't Be Shadow Assets For Foreign Capital

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    Third-party litigation financing amplifies inefficiencies from litigation and facilitates national exposure to foreign influence in the U.S. justice system, so full disclosure of financing arrangements should be required as a matter of institutional integrity, says Roland Eisenhuth at the American Property Casualty Insurance Association.

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