Federal
-
August 11, 2026
Rising Star: Kirkland's William Dong
Kirkland & Ellis LLP's William Dong has served as lead tax counsel on several multibillion-dollar deals spanning industries, including a $4.75 billion sale of a data center and energy infrastructure developer to a tech giant, earning him a spot as one of the tax attorneys under age 40 honored by Law360 as Rising Stars.
-
August 11, 2026
Campbell's Soup Targeted In Tariff Refund Suit Blitz
The Campbell's Co. is the latest business to be hit with a proposed class action from consumers seeking to be reimbursed for the inflated costs the food company charged in response to President Donald Trump's now-struck-down global tariffs.
-
August 10, 2026
IRS Nix Of $55M Easement Deduction Invalid, Donor Says
A Georgia partnership asked the U.S. Tax Court to reverse an IRS adjustment that disallowed a roughly $55 million deduction for its donation of a conservation easement, contending the agency's "arbitrary" denial flouted procedural requirements.
-
August 10, 2026
IRS Staff Cuts Led To Longer Wait Times, GAO Says
Workforce reductions at the Internal Revenue Service led to longer processing times for paper returns, fewer calls answered and longer phone wait times during the 2026 tax filing season, the U.S. Government Accountability Office said in an audit released Monday.
-
August 10, 2026
Balch & Bingham Wants Chrisleys' Malpractice Suit Dismissed
Balch & Bingham LLP has moved to dismiss a malpractice complaint from reality television stars Todd and Julie Chrisley, who were pardoned by President Donald Trump in May 2025 after serving over two years in prison for multiple financial crimes, telling the Atlanta federal court the two could "blame only themselves" for their convictions.
-
August 10, 2026
Rising Star: Latham's Christine Mainguy
Christine Mainguy of Latham & Watkins LLP led sports live-streaming television service Fubo TV's tax team in its acquisition by Disney and advised Skechers on tax matters in its $9.4 billion take-private acquisition by 3G Capital, earning her a spot among the tax law practitioners under age 40 honored by Law360 as Rising Stars.
-
August 10, 2026
Partnership Defends $43M Easement Deduction To Tax Court
The IRS improperly denied an Alabama-based partnership a $43.1 million deduction it claimed for a noncash charitable contribution related to a conservation easement, the partnership told the U.S. Tax Court, disputing the agency's claim that the partnership failed to show it made the donation.
-
August 10, 2026
Biz Owners Appeal Morgan Lewis Win In Tax Shelter Suit
A pair of business owners asked the Florida Supreme Court to reverse a decision affirming judgment in favor of Morgan Lewis & Bockius LLP in a dispute over whether the law firm had routed income through illegal tax shelters.
-
August 10, 2026
Feds Propose Regs On Trump Account Income Exclusion
The U.S. Treasury Department and IRS proposed regulations Monday on how employers can contribute to Trump Accounts, the new tax-advantaged brokerage accounts for children, along with guidelines on how to apply rules for nondiscrimination testing to those contributions.
-
August 07, 2026
Hyatt Says No Rehearing Needed In $300M Rewards Tax Fight
The Seventh Circuit doesn't need to reconsider its decision to remand a dispute over the taxability of $300 million in funds from Hyatt Hotels' loyalty rewards program to the U.S. Tax Court, the hospitality giant told the court.
-
August 07, 2026
IRS, Treasury Plan To Float Regs For Retirement Matches
The U.S. Treasury Department and IRS intend to propose regulations to implement a provision of the Secure 2.0 Act of 2022 designed to allow lower-income taxpayers who contribute to their retirement savings to receive a federal contribution of up to $1,000, the agencies said Friday.
-
August 07, 2026
Tax Preparers Seek OK Of $1M Deal In OT Suit
Tax preparers who accused a New York tax preparation company of overtime and wage violations have urged a New York federal court to grant preliminary approval of a $1.05 million class action settlement.
-
August 07, 2026
Int'l Tax In July: New UK PM, Win For Denmark, US Tariff Pivot
New leadership in the U.K. comes with the possibility of higher tax rates for some businesses in light of Prime Minister Andy Burnham's plans to reform the country's healthcare system, while a recent U.K. Supreme Court case could spell good news for Denmark in its long-running battle against cum-ex fraud. Here, Law360 looks at some of July's biggest international tax developments.
-
August 07, 2026
IRS Codifies Changes To Third Party Network Withholding
The Internal Revenue Service finalized a rule that would codify changes to backup withholding for payment platforms such as Venmo and PayPal to reflect last year's budget law's changes to a provision that required those platforms to report aggregate payments of $20,000 or more.
-
August 07, 2026
Judge Pans Atty's Effort To Sink Partnership's Tax Scam Suit
A precious metals partnership and its members should be allowed to pursue their suit alleging an attorney and others conspired to bilk them out of $12 million while advocating an unlawful tax strategy, a Colorado federal magistrate judge recommended, finding the court had jurisdiction in the case.
-
August 07, 2026
Senate OKs Trump Treasury Picks In Slate Of Confirmations
The Senate on Friday approved several of President Donald Trump's picks for roles at the U.S. Department of the Treasury as part of a combined confirmation of 74 nominees to various positions, including his nominee for deputy Treasury secretary.
-
August 07, 2026
Senate Clears Russia Sanctions Bill With New Tariff Authority
The U.S. Senate approved legislation Friday that would enhance President Donald Trump's economic tools to pressure Russia, including new tariff authorities that raised concerns for Democratic lawmakers.
-
August 07, 2026
Taxation With Representation: Slaughter And May, Covington
In this week's Taxation With Representation, U.K. real estate investment trust Segro's board agrees to a share offer from U.S. rival Prologis with a partial cash alternative, Curium acquires fellow radiopharmaceutical company Lantheus Holdings Inc., and investment firm KKR buys medical device company Integer Holdings Corp.
-
August 07, 2026
Weekly Internal Revenue Bulletin
The Internal Revenue Service's weekly bulletin, released Friday, included a filing waiver for tax-exempt national soccer associations that participated in this year's FIFA World Cup so long as their only U.S.-connected income is prize money.
-
August 06, 2026
Tax Court Nixes Trader's $170M Dividend Tax Break
The Internal Revenue Service correctly disallowed over $170 million in qualified dividend deductions and over $25 million in foreign tax credits to a trading firm in 2012, the U.S. Tax Court held Thursday, finding its transactions failed an anti-abuse rule.
-
August 06, 2026
Updated 'Slush Fund' Suit Challenges Trump's Audit Immunity
The IRS workers' union Thursday joined litigation in Virginia federal court challenging what the plaintiffs call President Donald Trump's proposed $1.8 billion "slush fund," adding claims that a side-order granting Trump, his family and businesses immunity from federal audits could expose IRS workers to criminal liability.
-
August 06, 2026
Tax Prep Biz Owner Gets 30 Months For $5M Refund Scheme
A Las Vegas tax preparation business owner was sentenced to 30 months in prison for conspiring to defraud the U.S. government by filing false tax returns and diverting portions of the resulting refunds to herself and an employee, the U.S. Justice Department said.
-
August 06, 2026
The Dramatic Moments Set To Shape Tom Goldstein's Appeal
Prurient revelations, brash recriminations and purportedly glaring judicial errors in Tom Goldstein's criminal case have captivated the appellate bar for nearly 19 months, and many of those moments will be center stage in the star attorney's imminent appeal.
-
August 06, 2026
House, Senate Bills Would Block Trump's IRS Immunity Deal
Congress would permanently block President Donald Trump's immunity deal with the Internal Revenue Service under legislation introduced by the top Democratic tax writers in the House and Senate on Thursday.
-
August 06, 2026
CIT Judge Confused By Gov't Objection To Tariff Refund Class
A U.S. Court of International Trade judge repeatedly expressed confusion Thursday over the federal government's objection to the certification of a class of importers seeking refunds of President Donald Trump's illegal global tariffs to address concerns about finalized entries.
Expert Analysis
-
5 Ways Lawyers Can Earn Back The Public's Trust
Amid salacious headlines about lawyers behaving badly and recent polls showing the public’s increasingly unfavorable view of attorneys, we must make meaningful changes to our culture to rebuild trust in the legal system, says Carl Taylor at Carl Taylor Law.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.