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

  • SDNY OpenAI Order Clarifies Preservation Standards For AI

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    The Southern District of New York’s recent order in the OpenAI copyright infringement litigation, denying discovery of The New York Times' artificial intelligence technology use, clarifies that traditional preservation benchmarks apply to AI content, relieving organizations from using a “keep everything” approach, says Philip Favro at Favro Law.

  • High Court, Not A Single Justice, Should Decide On Recusal

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    As public trust in the U.S. Supreme Court continues to decline, the court should adopt a collegial framework in which all justices decide questions of recusal together — a reform that respects both judicial independence and due process for litigants, say Michael Broyde at Emory University and Hayden Hall at the U.S. Bankruptcy Court for the District of Delaware.

  • Adapting To Private Practice: 3 Tips On Finding The Right Job

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    After 23 years as a state and federal prosecutor, when I contemplated moving to a law firm, practicing solo or going in-house, I found there's a critical first step — deep self-reflection on what you truly want to do and where your strengths lie, says Rachael Jones at McKool Smith.

  • Painting Makes Me A Better Lawyer

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    Painting trains me to see both the fine detail and the whole composition at once, enabling me to identify friction points while keeping sight of a client's bigger vision, but the most significant lesson I've brought to my legal work has been the value of originality, says Jana Gouchev at Gouchev Law.

  • Compliance Pointers Amid Domestic Terrorism Clampdown

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    A recent presidential memorandum marks a shift in federal domestic-terrorism enforcement that should prompt nonprofits to enhance diligence related to grantees, vendors and events, and financial institutions to shore up their internal resources for increased suspicious-activity monitoring and reporting obligations, say attorneys at Morgan Lewis.

  • Trump Tax Law Has Mixed Impacts On Commercial Real Estate

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    The One Big Beautiful Bill Act brings sweeping changes to the real estate industry — and while the permanency of opportunity zones and bonus depreciation creates predictability for some taxpayers, sunsetting incentives for renewable energy projects will leave others with hard choices, says Jordan Metzger at Cole Schotz.

  • Protecting Sensitive Court Filings After Recent Cyber Breach

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    In the wake of a recent cyberattack on federal courts' Case Management/Electronic Case Files system, civil litigants should consider seeking enhanced protections for sensitive materials filed under seal to mitigate the risk of unauthorized exposure, say attorneys at Redgrave.

  • What Ethics Rules Say On Atty Discipline For Online Speech

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    Though law firms are free to discipline employees for their online commentary about Charlie Kirk or other social media activity, saying crude or insensitive things on the internet generally doesn’t subject attorneys to professional discipline under the Model Rules of Professional Conduct, says Stacie H. Rosenzweig at Halling & Cayo.

  • 2 Rulings Highlight IRS' Uncertain Civil Fraud Penalty Powers

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    Conflicting decisions from the U.S. Tax Court and the Northern District of Texas that hinge on whether the IRS can administratively assert civil fraud penalties since the U.S. Supreme Court’s 2024 decision in SEC v. Jarkesy provide both opportunities and potential pitfalls for taxpayers, says Michael Landman at Bird Marella.

  • Junior Attys Must Beware Of 5 Common Legal Brief Mistakes

    Excerpt from Practical Guidance
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    Junior law firm associates must be careful to avoid five common pitfalls when drafting legal briefs — from including every possible argument to not developing a theme — to build the reputation of a sought-after litigator, says James Argionis at Cozen O'Connor.

  • Digital Asset Report Opens Doors For Banks, But Risks Linger

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    A recent report from a White House working group discussing digital asset market structure signals how banks may elect to expand into digital asset custody, trading and related services in the years ahead, but the road remains layered with challenges, say attorneys at Foley & Lardner.

  • Power To The Paralegals: How And Why Training Must Evolve

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    Empowering paralegals through new models of education that emphasize digital fluency, interdisciplinary collaboration and human-centered lawyering could help solve workforce challenges and the justice gap — if firms, educators and policymakers get on board, say Kristine Custodio Suero and Kelli Radnothy.

  • 5 Real Estate Takeaways From Trump's Sweeping Tax Law

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    Changes to the Internal Revenue Code included in the One Big Beautiful Bill Act will have a range of effects on real estate sponsors, investors and real estate investment trusts — from more compliance flexibility around taxable REIT subsidiary limits to new considerations raised by a key retaliatory tax provision that was left out, say attorneys at DLA Piper.

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