Federal
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July 17, 2026
Weekly Internal Revenue Bulletin
The Internal Revenue Service's weekly bulletin, released Friday, included an update to the list of Native American tribes that have settled tribal trust cases with the federal government for tax purposes.
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July 16, 2026
11th Circ. Affirms Quarry Valuation Sank $23M Easement Perk
A 103-acre tract's best alternative use is not an aggregate quarry, the 11th Circuit ruled, rejecting the valuation that supported a partnership's $23 million deduction claim for donating the Georgia property as a conservation easement.
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July 16, 2026
Tile Importer Adds To Tax Dispute Over Captive Arrangement
A New York glass tile importer that had challenged IRS income adjustments of $4.8 million for 2018 through 2020 related to its captive insurance program added a fourth year to its dispute, saying the agency erred in increasing its income by $1.2 million for 2021.
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July 16, 2026
Meta Says Altera Ruling Doesn't Control In Stock Option Fight
The Ninth Circuit's 2019 ruling against Altera, which upheld an IRS regulation requiring companies to share the cost of stock options in joint ventures with foreign affiliates, has no bearing on Meta Platforms' dispute over the same issue, the social media company told the U.S. Tax Court.
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July 16, 2026
Tax Filers Seek Class Cert. In Google Privacy Suit
Online tax return filers who alleged Google's tracking tool effectively eavesdropped on their confidential tax information asked a California federal judge to certify several classes in their suit against the search giant.
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July 16, 2026
US Needs Digital Asset Tax Framework, Treasury Picks Say
Congress needs to take steps to create a tax structure for the digital asset market, two of President Donald Trump's picks to serve in U.S. Treasury Department posts told the Senate Finance Committee during a hearing Thursday.
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July 16, 2026
Senate Democrats Revive Bill To End Federal Marijuana Ban
Senate Democrats on Thursday once again reintroduced a cannabis legalization bill that would remove the drug entirely from the ambit of the Controlled Substances Act and impose a tax-and-regulate scheme akin to what is currently in place for alcohol and tobacco.
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July 16, 2026
Nonprofit Can Proceed In $1M Employee Tax Refund Fight
A Mississippi federal judge allowed an economic development nonprofit to continue challenging the IRS' denial of more than $1 million in employee retention tax credits, while dismissing its request for a declaratory judgment that the employer is entitled to the incentives.
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July 16, 2026
Ashurst Perkins Adds Tax Pro In LA From Stradling Yocca
Ashurst Perkins Coie announced Thursday that it has bolstered its tax practice with a Los Angeles-based partner who came aboard from Stradling Yocca Carlson & Rauth PC.
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July 16, 2026
USTR Broadens Exemptions Ahead Of 25% Brazil Tariff
A 25% tariff on Brazilian goods will begin next week with an expanded exemption list following public comments on the action, U.S. Trade Representative Jamieson Greer announced.
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July 15, 2026
Circuit-By-Circuit Guide To The US Supreme Court's Term
Federal appeals courts had wide-ranging successes and struggles during the U.S. Supreme Court's recently completed term: One had its best showing in years following its worst showing in years; one felt déjà vu after recently starting to find favor with the justices; and one saw its reputation for independence occupy a rare role in the Supreme Court spotlight.
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July 15, 2026
Eaton Says IRS Position Turns 'Arm's Length' On Its Head
The IRS' argument in support of its income allocations to Eaton Corp. from an Irish affiliate effectively inverts the arm's-length standard underlying U.S. transfer pricing law, seeking to price transactions between related companies by assuming non-arm's-length behavior, the company told the U.S. Tax Court.
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July 15, 2026
CIT Judge Says Order Incoming For Next Tariff Refund Phase
The U.S. Court of International Trade judge overseeing U.S. Customs and Border Protection's development of a duty refund system for tariffs struck down by the U.S. Supreme Court forecast new directions for the government as it prepares another phase of its tariff refund system, according to an order published Wednesday.
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July 15, 2026
Siemens Wins Tax Deduction In IRS Rules Mismatch Case
Siemens Medical Solutions is allowed the full dividends-received deduction it claimed for 2019, the U.S. Tax Court held Wednesday, throwing out an IRS regulation that attempted to reduce the deduction by aligning the effective date of different provisions under 2017 tax legislation.
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July 15, 2026
Judge Won't Revive Feds' $24M Tax Case Against NC Couple
A North Carolina federal judge refused to reconsider his decision that the federal government's bid to collect on what it claimed was a couple's $24 million tax bill came too late, saying the government failed to show that the ruling should be changed.
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July 15, 2026
Tax Court Slashes Ala. Easement Writeoff By Tens Of Millions
An Alabama partnership massively overstated the value of a claimed conservation easement deduction, the U.S. Tax Court found Wednesday, cutting the claimed $42.2 million deduction to $800,000 when properly considering the use of the property.
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July 15, 2026
Fed. Circ. Gives Pa. Biz A 2nd Go At $1.5M Tax Penalty Refund
The Federal Circuit gave a Pennsylvania electrical contractor another chance to pursue a $1.53 million refund claim for penalties paid to the Internal Revenue Service after its owner pled guilty to criminal tax evasion, according to an opinion published Wednesday.
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July 15, 2026
Tax Code Allows Political Speech By Churches, 5th Circ. Told
A Texas federal court wrongly rejected the IRS' proposed settlement that would allow churches to engage in political speech without jeopardizing their tax-exempt status, conservative groups told the Fifth Circuit, arguing that federal tax assessment protections do not bar the court from implementing the deal.
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July 15, 2026
Cornyn, Tillis Still Waver On Blanche AG Bid After Hearing
Todd Blanche had his nomination hearing to be attorney general on Wednesday and two key Republican senators still have yet to say if they will support him.
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July 15, 2026
TIGTA Worried About IRS Zero Paper Push Security Breaches
Unauthorized employees have accessed restricted areas because of physical security gaps at two sites where contractors are supporting the Internal Revenue Service's push to eliminate paper processing of tax returns, the Treasury Inspector General for Tax Administration said in a management alert released Wednesday.
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July 15, 2026
Russia Sanctions Bill Goes Too Far On Tariff Power, Dems Say
A reworked version of a bipartisan bill aimed at sanctioning Russia over the war in Ukraine wrongly places too much tariff power in the hands of President Donald Trump, some leading congressional Democrats said.
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July 15, 2026
Pillar 2 Revenue Intake Falls Short Of Predictions, OECD Says
The worldwide corporate 15% minimum tax agreement known as Pillar Two has so far brought in less revenue than expected, the Organization for Economic Cooperation and Development said Wednesday.
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July 15, 2026
Mich. Tax Biz Barred From Preparing Federal Returns By Court
A federal judge granted the federal government's bid to bar a Michigan-based tax and accounting business from preparing federal tax returns over allegations it prepared fraudulent returns that cost the government a tax revenue loss estimated at over $2 million.
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July 15, 2026
Texas Estate Disputes $11.5M Tax From Stock Transfers, Gifts
The Internal Revenue Service wrongly assessed taxes of $11.5 million and $1.6 million in penalties to a Texas woman's estate from the agency's inflated valuation of stock and imposition of gift tax, the estate told the U.S. Tax Court.
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July 14, 2026
House Backs Bill To End Penny Minting, Round Cash Sales
The phaseout of the penny would become law and retailers would be able to round cash transactions up or down to the nearest 5-cent amount under a bill that the U.S. House passed Tuesday, sending it to the Senate.
Expert Analysis
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Legal Jeopardy Looms Over Trump's Trade Negotiation Plans
Even as the Trump administration announces one trade deal after another, the legal authority of the executive branch to impose tariffs under consensual arrangements with leading trading partners is just as debatable as the unilateral imposition of U.S. tariffs under the president's executive orders, says Jeffrey Bialos at Eversheds Sutherland.
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Opportunity Zone Overhaul Is Good News For Investors
Recently enacted reforms making the qualified opportunity zone program permanent, restoring the basis step-up for capital gains and adding flexibility to the zone designation process enhance the program’s appeal for long-term investment, says Steven Hadjilogiou at McDermott.
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White House Report Strikes An Optimistic Note On Crypto
Taking seriously President Donald Trump's pledge to adopt a pro-innovation mindset toward digital assets and blockchain technologies, a recent benchmark White House report on crypto provides a comprehensive regulatory framework that takes into account the products' novel characteristics within the high-tech ecosystem, say attorneys at Davis Wright.
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Bipartisan Bill Could Aid ESOP Formation, Valuation Clarity
The proposed Retire through Ownership Act represents a meaningful first step toward clarifying whether transactions qualify under the adequate consideration exemption in the Employee Retirement Income Security Act, potentially eliminating the litigation risk that has chilled employee stock ownership plan formation, say attorneys at Moore & Van Allen.
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Bar Exam Reform Must Expand Beyond A Single Updated Test
Recently released information about the National Conference of Bar Examiners’ new NextGen Uniform Bar Exam highlights why a single test is not ideal for measuring newly licensed lawyers’ competency, demonstrating the need for collaborative development, implementation and reform processes, says Gregory Bordelon at Suffolk University.
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A Simple Way Courts Can Help Attys Avoid AI Hallucinations
As attorneys increasingly rely on generative artificial intelligence for legal research, courts should consider expanding online quality control programs to flag potential hallucinations — permitting counsel to correct mistakes and sparing judges the burden of imposing sanctions, say attorneys at Lankler Siffert & Wohl and Connors.
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Supreme Court's Criminal Law Decisions: The Term In Review
Though the U.S. Supreme Court’s criminal law decisions in its recently concluded term proved underwhelming by many measures, their opinions revealed trends in how the justices approach criminal cases and offered reminders for practitioners, says Kenneth Notter at MoloLamken.
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Budget Act's Deduction Limit Penalizes Losing Gamblers
A provision in the One Big Beautiful Bill Act that reduces the deduction for gambling losses is unfair to professional and recreational players, risks driving online activity to offshore sites, and will set back efforts to legalize and regulate the industry, says Walter Bourdaghs at Kang Haggerty.
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The Legal Education Status Quo Is No Longer Tenable
As underscored by the fallout from California’s February bar exam, legal education and licensure are tethered to outdated systems, and the industry must implement several key reforms to remain relevant and responsive to 21st century legal needs, says Matthew Nehmer at The Colleges of Law.
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6 Questions We Should Ask About The Trump Trade Deals
Whenever the text becomes available, certain questions will help determine whether the Trump administration’s trade deals with U.S. trading partners have been crafted to form durable economic relationships, or ephemeral ties likely to break upon interpretive disagreement or a change in political will, says Ted Posner at Baker Botts.
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E-Discovery Quarterly: Rulings On Relevance Redactions
In recent cases addressing redactions that parties sought to apply based on the relevance of information — as opposed to considerations of privilege — courts have generally limited a party’s ability to withhold nonresponsive or irrelevant material, providing a few lessons for discovery strategy, say attorneys at Sidley.
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Section 1983 Has Promise After End Of Nationwide Injunctions
After the U.S. Supreme Court recently struck down the practice of nationwide injunctions in Trump v. Casa, Section 1983 civil rights suits can provide a better pathway to hold the government accountable — but this will require reforms to qualified immunity, says Marc Levin at the Council on Criminal Justice.
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Playing Soccer Makes Me A Better Lawyer
Soccer has become a key contributor to how I approach my work, and the lessons I’ve learned on the pitch about leadership, adaptability, resilience and communication make me better at what I do every day in my legal career, says Whitney O’Byrne at MoFo.