Analysis

Top Federal Tax Decisions Of 2025

By Anna Scott Farrell

Over the past year, federal courts have issued decisions that extended the deadline for challenging tax bills in the U.S. Tax Court, allowed the IRS to pursue a woman's decades-old tax debt caused by her return preparer and lifted a $1 million reporting penalty because a jury didn't sign off. Here, Law360 reviews some of the most significant federal tax decisions of 2025.

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Analysis

Top International Tax Cases Of 2025

By Molly Moses

Government tax administrations came up short in some of the biggest international cases decided this year, including Denmark's challenge to a British trader it accused of deceiving the tax authority into paying thousands of improper refunds. Here, Law360 examines seven of the year's top international tax cases.

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Top International Trade Developments Of 2025

By Dylan Moroses

Importers faced novel levels of uncertainty in 2025 as President Donald Trump introduced several new tariff actions during his second term, including some that prompted importers to challenge a law used to authorize duties that had never been used before. Here, Law360 examines the year's top international trade developments.

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SEC, FAT Brands Near Deal In Suit On CEO's $27M Loan Scam

By Dorothy Atkins

Restaurant franchiser FAT Brands, its former CEO and other executives told a California federal judge on Tuesday that they reached a deal to resolve the U.S. Securities and Exchange Commission's civil claims that they ran an illegal $27 million personal-loan scheme to fuel the former CEO's lavish lifestyle as the public company floundered.

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11th Circ. Rejects Woman's Legal Fees In Tax Case Win

By Kat Lucero

A Florida woman cannot recoup around $6,000 in attorney fees as part of her win in a U.S. Tax Court deficiency action despite paying her husband's legal practice to help with the case, the Eleventh Circuit found, affirming the Tax Court's ruling.

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Tax Court Denies Couple's Child Tax Credit For Nephew

By Kat Lucero

A couple who jointly filed as a married couple in 2020 cannot claim the child tax credit for a minor whom they describe as their nephew from Mexico who came to live with them that year, a U.S. Tax Court judge ruled Tuesday.

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IRS Issues FAQs For Interest Expense Deduction Limits

By Natalie Olivo

The Internal Revenue Service issued answers Tuesday to a set of frequently asked questions related to interest expense deduction calculations that were changed under the budget reconciliation law.

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IRS Issues Updates To Healthcare Premium Tax Credit

By Kat Lucero

The IRS released updates Tuesday to the refundable premium tax credit that allows individuals to purchase health insurance from the federal government's marketplace, including the removal of a repayment cap on excess credits that were established in the Republican 2025 budget law.

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