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Latest News in Tax
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July 06, 2026
Several U.S. trading partners facing new tariffs over claims of failing to adequately protect against forced labor pushed back on the plan ahead of a public hearing Tuesday, raising concerns that ranged from too generalized determinations to the U.S. improperly disregarding related measures.
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July 06, 2026
A denim company violated North Carolina law by charging customers higher prices to recoup costs for unlawful tariffs without disclosing that it could seek, and is likely to receive, a refund, according to a proposed class action filed in federal court.
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July 06, 2026
The first half of 2026 brought long-awaited rulings providing clarity on the punitive damages pleading standard in Florida and the extent of a law allowing U.S. victims of Cuban property seizures to seek damages, as well as a high-profile guilty verdict in a rare foreign agent criminal trial. Here, Law360 looks at these and other notable developments from Florida so far this year.
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July 02, 2026
California would extend by five years a tax credit program for businesses that agree to hire workers and invest in the state under budget-related legislation approved by state lawmakers and sent to Gov. Gavin Newsom.
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July 02, 2026
The IRS quietly rolled out an online portal dedicated to individuals and businesses seeking to take advantage of the Federal Claims Court's decision allowing a California business owner to recover late-filed refunds for penalties and interest tied to the COVID-19 pandemic.
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