Federal
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August 18, 2026
Are Trump Diamond Tariff Breaks Tied To Gift? Wyden Asks
Sen. Ron Wyden, D-Ore., on Tuesday demanded answers about President Donald Trump granting a tariff exemption for diamonds shortly after being given a gem-coated watch, claiming the circumstances may be tantamount to bribery, while also raising concerns about potential conflicts of interest in a separate duty investigation.
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August 18, 2026
Man Can't Deduct Celebrity Meetup Fees, Tax Court Says
A self-described influencer cannot deduct fees he paid to meet actors, play sports with professional athletes and attend awards shows as marketing expenses for his social media profiles that didn't earn money, placing him on the hook to the IRS, the U.S. Tax Court said Tuesday.
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August 18, 2026
Tax Court's Petition Deadline Isn't Flexible, 1st Circ. Rules
The deadline for filing a petition in the U.S. Tax Court isn't a jurisdictional bar that prevents the court from hearing a Maine company's late-filed challenge of a transferee liability notice for unpaid taxes, but the deadline can't be extended to create fairness, the First Circuit said.
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August 18, 2026
IRS Properly Nixed Request To Abate Interest, Tax Court Says
The IRS "did not abuse its discretion" in denying a New Jersey man's request for an abatement of interest that stemmed from a roughly $18,000 tax deficiency, the U.S. Tax Court said Tuesday.
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August 18, 2026
CEO Says Ex-NJ AG Not Entitled To Immunity From Claims
A CEO of a development company said his lawsuit over a dismissed criminal racketeering case against him and New Jersey power broker George E. Norcross III should survive former state Attorney General Matt Platkin's dismissal bid, arguing that Platkin, once the state's chief prosecutor, is not entitled to any immunity.
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August 18, 2026
Groups Ask Tax Court To Let Abbott Use IRS Appeals Office
The U.S. Tax Court should deny the IRS a quick win on decreasing Abbott Laboratories' income eligible for deductions by about $380 million because the company is entitled to pursue several concerns first at the Independent Office of Appeals, two groups said in amicus briefs.
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August 18, 2026
Floridian Waived Jury Right In $20M FBAR Case, Judge Says
A Florida federal judge upheld a nearly $20 million tax judgment against a dual U.S.-German citizen for undisclosed foreign bank account information, holding that he could not justify his delay in asserting his right to a jury trial.
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August 17, 2026
Ex-Goldman Exec Ordered To Pay $860K For Not Filing FBAR
A D.C. federal judge on Monday ordered former Goldman Sachs banking executive Patricia L. Bowden to pay more than $860,000 in damages after she failed to take action in the federal government's lawsuit that alleged she willfully failed to report her Australian bank accounts to the Internal Revenue Service.
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August 17, 2026
Pitney Bowes Hit With Tariff Refund Suit By EBay Users
EBay users hit Pitney Bowes Inc. with a breach of contract proposed class action Monday in Connecticut federal court alleging the global shipping and logistics company failed to return or refund them tariff-related charges that were deemed illegal by the U.S. Supreme Court earlier this year.
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August 17, 2026
Law Firm's Challenge To 2021 Statute Falls Short, Judge Says
A Georgia federal judge on Monday dismissed a lawsuit brought by an attorney and his firm alleging a 2021 law designed to combat money laundering could force the attorney to violate attorney-client privilege, finding the plaintiffs had failed to allege any concrete injury that would empower them to pursue the case.
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August 17, 2026
Tax Court Backs Income Approach For Easement Deduction
A partnership donor appropriately applied the income approach to appraise a nearly 300-acre conservation easement in Los Angeles County to claim a 2014 charitable deduction, the U.S. Tax Court ruled Monday, finding that the taxpayer adequately substantiated its valuation method.
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August 17, 2026
Attorneys Skeptical Of Trump's 11th Circ. Appeal Of IRS Case
Six attorneys who weighed in on President Donald Trump's $10 billion suit against the Internal Revenue Service told a Florida federal court Monday that he hasn't demonstrated that he will prove that its ruling that the settlement from the suit lacked a legitimate controversy violated due process.
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August 17, 2026
Split 10th Circ. Won't Revisit Liberty Global's $2.4B Tax Loss
The Tenth Circuit said Monday it won't reconsider an April ruling against Liberty Global, upholding a decision that found the telecommunications giant improperly claimed a $2.4 billion deduction based on foreign transactions that lacked economic substance.
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August 17, 2026
Biz Pushes Class Cert. As Solution To IEEPA Refund Issues
The U.S. Court of International Trade should grant class certification to companies seeking refunds of duties paid under the invalidated global tariff regime, the company serving as a test case for the refunds said in arguments mirroring those recently made in the underlying dispute.
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August 17, 2026
More IRS Controls Needed To Protect Tax Data, TIGTA Says
The IRS should take steps to ensure that access to its network and systems containing confidential taxpayer information is removed when employees separate from the agency, the Treasury Inspector General for Tax Administration said.
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August 17, 2026
McKesson's $10M Tax Refund Bid Misreads Law, Gov't Says
The U.S. government urged a Texas federal court to uphold transfer pricing regulations that McKesson is challenging in its push for a nearly $10 million tax refund, arguing the pharmaceutical giant has taken an overly narrow statutory reading.
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August 17, 2026
IRS Floats Eased Trust Reporting For Pass-Through Giving
Eligible trusts that claim charitable contribution deductions only for donations made by pass-through entities would be subject to eased reporting requirements under regulations proposed by the U.S. Department of the Treasury and the Internal Revenue Service.
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August 14, 2026
Tax Court Backs IRS' Deficiency Claims Against Conn. Atty
The IRS correctly determined that a Connecticut licensed attorney who lived in Rhode Island and previously worked for a medical marijuana dispensary is liable for tax deficiencies and penalties across five tax years, the U.S. Tax Court said.
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August 14, 2026
Meta's Litigation Distinct From Facebook's, IRS Says
The case over Meta Platforms' 2017-2019 tax years is not identical to the one brought by its predecessor, Facebook, the IRS said in responding to Meta's claim that the government is seeking to relitigate the earlier dispute, which involved 2010.
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August 14, 2026
11th Circ. Mulls Tax Court's Cut To $33M Easement Deduction
An Eleventh Circuit panel grappled Friday with valuation questions regarding a Georgia conservation easement, including whether the U.S. Tax Court erred in rejecting the IRS' determination while still using the agency's data points in reducing a $33 million tax deduction.
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August 14, 2026
IRS Expands Carbon Capture Tax Credit's Safe Harbor
A safe harbor for the carbon sequestration tax credit's reporting requirements will apply to a method that uses carbon oxide used as a tertiary injectant in qualified oil and gas extraction projects, the IRS announced Friday, expanding earlier guidance for the incentive.
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August 14, 2026
Rising Star: Baker McKenzie's Cameron Reilly
Baker McKenzie partner Cameron Reilly helped secure a key tax court ruling for FedEx Corp. to invalidate regulations on mandatory repatriation under the 2017 federal tax changes, and was a lead attorney in Facebook Inc.'s successful challenge to cost-sharing regulations for multinational corporations, earning him a spot among the tax practitioners under 40 honored by Law360 as Rising Stars.
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August 14, 2026
Taxation With Representation: Miller Thomson, Bennett Jones
In this week's Taxation With Representation, GO Residential Real Estate Investment Trust and a consortium of buyers acquire H&R Real Estate Investment Trust, insurance exchange Accelerant goes private in a deal with Thoma Bravo, and Goldman Sachs acquires NEOS Investments.
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August 14, 2026
Weekly Internal Revenue Bulletin
The Internal Revenue Service's weekly bulletin, released Friday, included guidance for the new premium-based method for employer credit for paid family and medical leave.
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August 14, 2026
Mass. Mayor Charged With $1.5M COVID-19 Loan Fraud
The mayor of Lawrence, Massachusetts, faces federal charges for allegedly obtaining more than $1.5 million in COVID-19 small business loans and using the money to fund his campaign coffers, pay his taxes, and pay off nearly $900,000 in high-interest, hard-money mortgages on properties he owned.
Expert Analysis
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When Atty Ethics Violations Give Rise To Causes Of Action
Though the Model Rules of Professional Conduct make clear that a violation of the rules does not automatically create a cause of action, attorneys should beware of a few scenarios in which they could face lawsuits for ethical lapses, says Brian Faughnan at Faughnan Law.
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How Gov't May Use FARA To Target 'Domestic Terrorism'
After the Trump administration’s recent memo directing law enforcement to use the Foreign Agents Registration Act to prosecute domestic terrorism, nonprofit organizations receiving funding from foreign sources must assess their registration obligations under the statute, say attorneys at Pillsbury.
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Law School's Missed Lessons: Educating Your Community
Nearly two decades prosecuting scammers and elder fraud taught me that proactively educating the public about the risks they face and the rights they possess is essential to building trust within our communities, empowering otherwise vulnerable citizens and preventing wrongdoers from gaining a foothold, says Roger Handberg at GrayRobinson.
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5 Crisis Lawyering Skills For An Age Of Uncertainty
As attorneys increasingly face unprecedented and pervasive situations — from prosecutions of law enforcement officials to executive orders targeting law firms — they must develop several essential competencies of effective crisis lawyering, says Ray Brescia at Albany Law School.
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It's Time For The Judiciary To Fix Its Cybersecurity Problem
After recent reports that hackers have once again infiltrated federal courts’ electronic case management systems, the judiciary should strengthen its cybersecurity practices in line with executive branch standards, outlining clear roles and responsibilities for execution, says Ilona Cohen at HackerOne.
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Rules Of Origin Revamp May Be Next Big Trade Development
The rules of origin for determining what tariff applies to any given import appear to be on the cusp of an important rethink, and it seems likely that the administration will try to align the rule with its overall tariff strategy in one of three ways, says Ted Posner at Baker Botts.
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IRS Shutdown Backlog May Trigger Collection, Refund Chaos
As the IRS continues to send automated collection notices amid the ongoing federal government shutdown, a mounting backlog of unprocessed refunds, collections filings and mail is causing problems for taxpayers that will continue even after the shutdown ends, says Meeren Amin at Fox Rothschild.
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SDNY OpenAI Order Clarifies Preservation Standards For AI
The Southern District of New York’s recent order in the OpenAI copyright infringement litigation, denying discovery of The New York Times' artificial intelligence technology use, clarifies that traditional preservation benchmarks apply to AI content, relieving organizations from using a “keep everything” approach, says Philip Favro at Favro Law.
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High Court, Not A Single Justice, Should Decide On Recusal
As public trust in the U.S. Supreme Court continues to decline, the court should adopt a collegial framework in which all justices decide questions of recusal together — a reform that respects both judicial independence and due process for litigants, say Michael Broyde at Emory University and Hayden Hall at the U.S. Bankruptcy Court for the District of Delaware.
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Adapting To Private Practice: 3 Tips On Finding The Right Job
After 23 years as a state and federal prosecutor, when I contemplated moving to a law firm, practicing solo or going in-house, I found there's a critical first step — deep self-reflection on what you truly want to do and where your strengths lie, says Rachael Jones at McKool Smith.
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Painting Makes Me A Better Lawyer
Painting trains me to see both the fine detail and the whole composition at once, enabling me to identify friction points while keeping sight of a client's bigger vision, but the most significant lesson I've brought to my legal work has been the value of originality, says Jana Gouchev at Gouchev Law.
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Compliance Pointers Amid Domestic Terrorism Clampdown
A recent presidential memorandum marks a shift in federal domestic-terrorism enforcement that should prompt nonprofits to enhance diligence related to grantees, vendors and events, and financial institutions to shore up their internal resources for increased suspicious-activity monitoring and reporting obligations, say attorneys at Morgan Lewis.
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Trump Tax Law Has Mixed Impacts On Commercial Real Estate
The One Big Beautiful Bill Act brings sweeping changes to the real estate industry — and while the permanency of opportunity zones and bonus depreciation creates predictability for some taxpayers, sunsetting incentives for renewable energy projects will leave others with hard choices, says Jordan Metzger at Cole Schotz.