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Latest News in Tax

• February 10, 2026

  Ill. Tax, Tip Swipe Fee Ban Survives Banks' Challenge

  An Illinois federal judge Tuesday cleared most of a landmark Illinois law banning swipe fees on tax and tip payments to take effect this summer, dealing a major blow to banking industry groups that sought to block the law altogether.

• February 10, 2026

  DC Circ. Seeks End To Atty Fight Over Fees From IRS Deal

  The D.C. Circuit wants to stop a fight over almost $800,000 in attorney fees from a suit against the Internal Revenue Service that was settled years ago, telling the parties' counsel during oral arguments Tuesday they'd like to put the matter to bed for good.

• February 10, 2026

  Lutnick Rules Out Creating Value-Based Fees For Patents

  Commerce Secretary Howard Lutnick told a Senate panel Tuesday that the government is not planning to establish new fees for U.S. patents based on their value, saying the idea he was reportedly considering "is not going anywhere."

• February 10, 2026

  Broker Renews Fight Against $6.6M Civil Fraud Penalties

  An insurance broker renewed challenges to a $6.6 million civil fraud tax penalty over its captive deductions by arguing that the assessment required a jury trial, telling a Pennsylvania federal court that recent rulings, including in the Fifth Circuit, have reinvigorated requests the court previously denied.

• February 10, 2026

  Utah Lawmakers OK Corporate Income Definition Change

  Utah would expand its definition of corporate income to include income allocated to the state, under a bill passed by lawmakers that will go to the state's governor.

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