Federal

  • May 14, 2025

    Payroll Co. Owner Cops To Fraud, Tax Charges

    A former payroll company owner pled guilty to embezzling from her clients and failing to pay employee withholdings to the IRS on their behalf.

  • May 13, 2025

    House Panel Clears $3.8T Extension of 2017 Tax Overhaul Law

    The House Ways and Means Committee voted along party lines early Wednesday to approve a $3.8 trillion tax bill that would make permanent many of the tax cuts for businesses and individuals enacted in President Donald Trump's first term.

  • May 13, 2025

    Trade Court Panel Looks Askance At Trump Tariff Justification

    A U.S. Court of International Trade panel expressed skepticism Tuesday that the emergency law President Donald Trump is using to impose global tariffs left the determination of an "unusual and extraordinary threat" to be a political rather than legal question.

  • May 13, 2025

    Energy Co. Schemed On Tribal Tax Credits, Dem Senators Say

    Senate Finance Committee Democrats asked an energy company's chairman Tuesday to address what they allege is evidence of a scheme involving members of President Donald Trump's new administration, including the nominee for IRS commissioner, to validate tribal tax credits the agency says are nonexistent.

  • May 13, 2025

    8th Circ. Urged To Enforce IRS Pricing Method On Medtronic

    The U.S. Tax Court erred by tossing the IRS' suggested method to price royalties for intangible property licensed by medical device maker Medtronic to a Puerto Rican affiliate because its products differed from those of comparable uncontrolled companies, a government attorney told the Eighth Circuit on Tuesday.

  • May 13, 2025

    Feds Want 2½ Years For Ex-Alvarez & Marsal CPA In Tax Case

    A onetime managing director at consulting firm Alvarez & Marsal should spend two-and-a-half years in prison as punishment for failing to file his personal taxes and lying on a mortgage application, prosecutors told a D.C. federal judge.

  • May 13, 2025

    Exxon Asks To Add 2 Chemicals To Taxable Substances List

    The Internal Revenue Service asked for comments Tuesday on proposals by Exxon Mobil to add two chemicals to the agency's list of taxable substances.

  • May 13, 2025

    Cahill Gordon Recruits Fried Frank Digital Assets Co-Leader

    Cahill Gordon & Reindel LLP has added the former co-head of Fried Frank Harris Shriver & Jacobson LLP's digital assets and blockchain practice as a partner in Washington, D.C., the firm announced Tuesday. 

  • May 12, 2025

    Feds Say Tribal Tariff Dispute Must Stay In US Trade Court

    The U.S. Department of Homeland Security is fighting Montana tribal members' attempt to stop the transfer of their lawsuit challenging President Donald Trump's Canada tariff orders from federal court to the U.S. Court of International Trade, saying the CIT has exclusive jurisdiction over the case.

  • May 12, 2025

    DC Judge Declines To Block IRS From Sharing Info With ICE

    A D.C. federal judge rejected Monday a trio of immigration advocacy groups' request to block the Internal Revenue Service from sharing with immigration enforcement agencies the names and addresses of people suspected of being in the country illegally.

  • May 12, 2025

    Tax Court Calls Tax Lawyer's Arguments Against IRS Frivolous

    The U.S. Tax Court found Monday that a tax lawyer who was admitted to practice before the court had advanced four frivolous arguments contesting the authority of the IRS, upholding over $1 million in deficiencies and other additions to tax.

  • May 12, 2025

    Ex-Senators, Judges Support Business In Trump Tariff Fight

    A stationery company challenging President Donald Trump's global tariffs has received support from former U.S. senators and retired federal judges who told a Florida federal court that the power to impose trade measures remains squarely with Congress.

  • May 12, 2025

    Man Who Moved Failed To Fight Tax Bill On Time, Court Says

    A man who didn't immediately notify the IRS that he moved missed his chance to dispute a tax bill the agency sent to his former home, the U.S. Tax Court ruled Monday, saying he failed to show he should've been given extra time to bring his case.

  • May 12, 2025

    Tax Interest Rates Will Remain Steady For July

    The Internal Revenue Service's interest rates for overpayments and underpayments of tax will remain the same in the quarter starting in July, the agency said Thursday.

  • May 12, 2025

    Eaton Allowed To Shield Some Worker Reviews From IRS

    Eaton Corp. may withhold performance evaluations for three foreign employees from the IRS' investigation of Eaton's sale of intellectual property to an Irish affiliate, an Ohio federal judge decided Monday, saying the records are not important enough to the tax investigation to justify violating European privacy law.

  • May 12, 2025

    Tax Court Affirms Mortgage Co.'s $7M Income For Deduction

    A mortgage company can deduct nearly $7 million in corporate income for 2014, the U.S. Tax Court ruled Monday, affirming adjustments made to correct accounting errors tied to its warehouse-lending business.

  • May 12, 2025

    US, China Agree To Temporarily Cut Soaring Tariffs

    The U.S. will cut tariffs on most Chinese goods to 30% for 90 days while China will reduce tariffs on most U.S. goods to 10%, the countries announced Monday after the two governments agreed to relax soaring tariffs.

  • May 12, 2025

    Gunster Tax Ace Jumps To Spencer Fane In Tampa

    Spencer Fane LLP announced Monday that it has bolstered its tax, trusts and estates practice group in Tampa with the addition of a former Gunster shareholder.

  • May 12, 2025

    GOP Floats $30,000 SALT Cap, Renewed R&D Credit

    House Ways and Means Republicans proposed a $30,000 state and local tax deduction cap and a renewed research and development credit in updated legislation to extend their 2017 tax overhaul law, which the committee plans to consider Tuesday.

  • May 12, 2025

    IRS Paid $21B In Improper Tax Credits, TIGTA Says

    The Internal Revenue Service made $21.4 billion in improper refundable tax credit payments last year and again failed to meet lawmakers' goal to reduce its rate of incorrect payments to 10%, the Treasury Inspector General for Tax Administration said Monday.

  • May 12, 2025

    Biz Groups Back Bill To Expand FDII Tax Benefits

    A coalition of business lobbying groups has thrown its weight behind proposed legislation that would expand tax breaks for domestically held intellectual property, saying the changes would build on the goals of the 2017 federal tax overhaul.

  • May 12, 2025

    Jury Clears Biz Owner's Wife Of $2M Payroll Tax Debt

    The wife of a man found liable for construction company employment taxes is off the hook for $2 million in liabilities, a New York federal jury found, saying she was not responsible for collecting the taxes and paying them over to the federal government.

  • May 12, 2025

    Exxon Wants Chemicals Added To Taxable Substances List

    The Internal Revenue Service is seeking comments on proposals to add nine chemicals to its list of taxable substances, eight of which were put forward by Exxon Mobil, the agency said Monday.

  • May 09, 2025

    'Proud' Judge Says No Prison For $1.3B Tax Fraud Witnesses

    A Georgia federal judge handed down a pair of what he called "stunningly lenient" no-prison sentences Friday to two brothers who served as key cooperating witnesses in a first-of-its-kind federal case against a sprawling, $1.3 billion tax fraud scheme.

  • May 09, 2025

    PL 86-272 Expansion May Face Rocky Path Through Congress

    The fate of an element of a House budget reconciliation bill that would broaden state income tax protections for businesses may rest with the Senate parliamentarian's view on whether the provision passes muster under reconciliation rules.

Expert Analysis

  • Fixing Up Cars Makes Me A Better Lawyer

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    From problem-solving to patience and adaptability to organization, the skills developed working under the hood of a car directly translate to being a more effective lawyer, says Christopher Mdeway at Kaufman Dolowich.

  • A New Tax On Employers Could Help Curb Illegal Immigration

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    To better enforce the law against hiring immigrants unauthorized to work in the U.S., Congress should enact a punitive excise tax on compensation paid to such immigrants and amend the False Claims Act to allow qui tam actions against employers for failure to pay such tax, says Ajay Gupta at Moore Tax Law Group.

  • Making The Pitch To Grow Your Company's Legal Team

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    In a compressed economy, convincing the C-suite to invest in additional legal talent can be a herculean task, but a convincing pitch — supported by metrics and cost analyses — may help in-house counsel justify the growth of their team, say Elizabeth Smith and Roger Garceau at Major Lindsey.

  • Justices May Find Gov't Can Keep Fraudulent Transfer Benefit

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    Based on the justices' questions at the recently argued U.S. v. Miller, the Supreme Court appears prepared to hold that the U.S. — unlike any other creditor — is permitted to retain the benefits of a fraudulent transfer to the detriment of other bankruptcy creditors, says Kevin Morse at Clark Hill.

  • Tax Court Should Update Framework For Defining Insurance

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    ​​​​​​​The U.S. Tax Court's unnecessary determination in Royalty Management Insurance v. Commissioner that a fraudulent transaction did not contain the hallmarks of a legitimate insurance transaction applies an outdated analysis that threatens the captive insurance sector and illustrates the need for a more modern framework to define true insurance, says Matthew Queen at the Queen Firm.

  • When US Privilege Law Applies To Docs Made Outside The US

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    As globalization manifests itself in disputes over foreign-created documents, a California federal court’s recent trademark decision illustrates nuances of both U.S. privilege frameworks and foreign evidentiary protections that attorneys must increasingly bear in mind, say attorneys at Hunton.

  • Impact Of Corporate Transparency Act Ambiguity On Banks

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    Even though banks generally needn't file beneficial ownership information reports, financial institutions must continue to monitor the status of the Corporate Transparency Act and understand its requirements in case the nationwide injunction that was issued against the CTA earlier this month is overturned, say attorneys at Armstrong Teasdale.

  • 6 Changes I Would Make If I Ran A Law School

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    Reuben Guttman at Guttman Buschner identifies several key issues plaguing law schools and discusses potential solutions, such as opting out of the rankings game and mandating courses in basic writing skills.

  • Firms Still Have The Edge In Lateral Hiring, But Buyer Beware

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    Partner mobility data suggests that the third quarter of this year continued to be a buyer’s market, with the average candidate demanding less compensation for a larger book of business — but moving into the fourth quarter, firms should slow down their hiring process to minimize risks, say officers at Decipher Investigative Intelligence.

  • Congress Should Expand Investment Options For 403(b)s

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    Lawmakers should pass pending legislation to give 403(b) plan participants access to collective investment trusts, leveling the playing field for public sector retirement investors by giving them an investment option their private sector counterparts have had for decades, says Jason Levy at Great Gray Trust Company.

  • Think Like A Lawyer: 1 Type Of Case Complexity Stands Out

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    In contrast to some cases that appear complex due to voluminous evidence or esoteric subject matter, a different kind of complexity involves tangled legal and factual questions, each with a range of possible outcomes, which require a “sliding scale” approach instead of syllogistic reasoning, says Luke Andrews at Poole Huffman.

  • Think Like A Lawyer: Note 3 Simple Types Of Legal Complexity

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    Cases can appear complex for several reasons — due to the number of issues, the volume of factual and evidentiary sources, and the sophistication of those sources — but the same basic technique can help lawyers tame their arguments into a simple and persuasive message, says Luke Andrews at Poole Huffman.

  • Gardening Makes Me A Better Lawyer

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    Beyond its practical and therapeutic benefits, gardening has bolstered important attributes that also apply to my litigation practice, including persistence, patience, grit and authenticity, says Christopher Viceconte at Gibbons.

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