Federal
-
August 29, 2025
Taxation With Representation: White & Case, Paul Weiss
In this week's Taxation With Representation, private equity firm Sycamore Partners completes its $24 billion acquisition of Walgreens Boots Alliance Inc., telecommunications company EchoStar sells wireless spectrum licenses to AT&T and Keurig Dr Pepper acquires JDE Peet's in a deal that aims to create a "global coffee champion."
-
August 28, 2025
Coke Says IRS Taking 'Extreme' Position In $2.7B Dispute
The IRS is taking an "extreme" position in its defense of a $2.7 billion tax ruling against Coca-Cola by asserting that the standard prohibiting arbitrary and capricious actions by an agency doesn't apply to it, the company told the Eleventh Circuit.
-
August 28, 2025
6th Circ. Affirms Dismissal Of Meritless Tax Challenge
The Sixth Circuit affirmed the dismissal of a Tennessee man's suit against the Internal Revenue Service, ruling Wednesday that his challenge to the agency's tax collections was meritless and provided no basis for federal jurisdiction.
-
August 28, 2025
Illinois Atty Gets 2½ Years For Tax Fraud, Scripting Testimony
A former Chicago attorney who covered up $1 million in payments to his romantic interest and tried scripting his bookkeeper's initial trial testimony has been sentenced to two and a half years in prison, federal prosecutors announced Thursday.
-
August 28, 2025
IRS Provides Guidance On Renewed R&D Tax Break
The Internal Revenue Service released instructions Thursday on how to make various elections, file amended tax returns and change accounting methods for the renewed tax break for research and development costs passed under the budget reconciliation bill.
-
August 28, 2025
Compliance Atty Who Duped Lender Wants New Trial
A compliance lawyer convicted of pilfering from a $20 million line of credit that a subsidiary of Emigrant Bank extended to his tax-lien business has asked a Manhattan federal judge to order a new trial, arguing that prosecutors' evidence is insufficient and that the charges were "multiplicitous," in violation of the Fifth Amendment.
-
August 27, 2025
Co. Can't Challenge IRS Easement Penalties, Court Rules
The Internal Revenue Service can assess civil penalties against a property company for a disallowed conservation easement deduction, a Louisiana federal court said, agreeing with the government that the company's challenge is barred under the Anti-Injunction Act.
-
August 27, 2025
Retired Air Force Officer Faces IRS Levy Over Unpaid Taxes
The Internal Revenue Service properly upheld a tax levy against a retired U.S. Air Force officer who didn't report a $245,000 military retirement distribution, the U.S. Tax Court ruled Wednesday, saying the man didn't show he couldn't afford to pay his bill.
-
August 27, 2025
Church Leaders Charged In Forced Labor, Laundering Scheme
Two self-proclaimed religious leaders forced people to work in call centers to raise millions of dollars that the pair spent on jet skis and other luxuries in a money laundering scheme investigated by the IRS, according to an indictment unsealed Wednesday in Michigan federal court.
-
August 27, 2025
US Tax Compliance To Cost $536 Billion In 2025, Report Says
U.S. taxpayers will spend about $536 billion this year complying with the tax code, largely in what economists call opportunity costs, an amount greater than federal revenues from corporate income tax, the Tax Foundation reported Wednesday.
-
August 27, 2025
Baker Botts Adds 2 More Lateral Partners In NY
As it touts the addition of 17 lateral partners this year so far, Baker Botts LLP announced Tuesday that it has gained a former Paul Weiss Rifkind Wharton & Garrison LLP attorney focused on executive compensation and transactional tax strategy and a former McDermott Will & Schulte LLP attorney focused on public company and private equity mergers and acquisitions.
-
August 26, 2025
Joseph Nocella Jr. Appointed US Attorney For EDNY
Joseph Nocella Jr. on Tuesday was reportedly appointed as the U.S. attorney for the Eastern District of New York, having served as the district's interim top prosecutor since early May.
-
August 26, 2025
The Tax Angle: Tariff Troubles, Tipped Income
From a look at the impact of rising tariffs on energy tax credits and issues arising from the deduction for taxes on tips, here's a peek into a reporter's notebook on a few developing tax stories.
-
August 26, 2025
Woman Can't Avoid Tax Debts Owed With Ex, Tax Court Says
A California woman does not qualify for relief from a tax debt she owes jointly with her ex-husband because the U.S. Tax Court previously found she owed the money in a proceeding in which she participated meaningfully through her lawyer, the court ruled Tuesday.
-
August 26, 2025
Californian Indicted Over $700M In Tax Refund Claims
A California man faces decades in prison after being accused of causing $13 million in tax losses to the U.S. through a refund scheme involving reporting false withholdings on returns for estates and trusts, the U.S. Department of Justice said Tuesday.
-
August 26, 2025
Md. Pharmacy Owner Gets 1 Year For Filing False Tax Returns
A Baltimore pharmacy owner was sentenced to just over one year in prison after filing fraudulent tax returns and underreporting his income to the Internal Revenue Service by more than $3.5 million, federal prosecutors announced Tuesday.
-
August 26, 2025
Brewer Can't Challenge Home Distilling Ban, US Tells 6th Circ.
A brewery owner who wants to make his own whiskey can't bring a suit challenging the tax code's prohibition on home distilleries because he hasn't shown that he's likely to start making spirits or that the government would come knocking if he does, the U.S. Treasury Department told the Sixth Circuit.
-
August 26, 2025
Facebook Urges Tax Court To Toss IRS' Royalty Calculations
Facebook asked the U.S. Tax Court to reject the IRS' proposed royalty rate and other calculations for the social media giant's deal with an Irish affiliate to develop intangibles, arguing the agency is attempting to recharacterize the transaction.
-
August 26, 2025
IRS Urged To Avoid Retroactive Solar, Wind Tax Changes
Changes to the beginning-of-construction definition under rules to determine large solar and wind energy development projects' eligibility for certain tax credits should not be applied retroactively, several groups said in letters to the U.S. Department of the Treasury released Tuesday.
-
August 26, 2025
EU Defends Digital Taxes Following Trump's Tariff Threat
The European Commission said Tuesday that it stands by European Union member states keeping digital taxes in place despite President Donald Trump's renewed threats to impose tariffs on countries with measures hitting the U.S. tech giants.
-
August 25, 2025
6th Circ. Says Tax Court Filing Deadline Can Be Tolled
The 90-day deadline to petition the U.S. Tax Court is not a jurisdictional bar and may be extended for certain reasons, the Sixth Circuit found Monday, reviving a woman's late challenge to an IRS tax deficiency.
-
August 25, 2025
Tax Court Tosses Suit From Accountant Who Copped To Fraud
An accountant who admitted to tax and healthcare fraud in connection with an Alabama group home for disabled people can't challenge a tax debt because the underlying IRS notice stating the amount due was a reminder, not a determination, the U.S. Tax Court said Monday.
-
August 25, 2025
NC Man Gets Nearly 20 Years For Tax Fraud, Ponzi Scheme
A North Carolina man was sentenced to nearly 20 years in prison after willfully failing to report nearly $9 million in income to the Internal Revenue Service and evading more than $3 million in taxes in connection with a $20 million Ponzi scheme, federal prosecutors said.
-
August 25, 2025
Tax Interest Rates To Stay Steady In 4th Quarter
The Internal Revenue Service's interest rates for overpayments and underpayments of tax will remain the same in the quarter starting in October, the agency said Monday.
-
August 25, 2025
Advocate Orgs. Ask DC Circ. To Stop IRS Sharing Info With ICE
Immigrant advocacy groups urged the D.C. Circuit to stop the IRS from sharing taxpayer addresses with immigration authorities, saying the court should consider the substance of their challenge to an unprecedented information sharing deal rather than toss their case on procedural grounds put forward by the government.
Expert Analysis
-
Promoting Diversity In The Selection Of ADR Neutrals
Excerpt from Practical Guidance
Choosing neutrals from diverse backgrounds is an important step in promoting inclusion in the legal profession, and it can enhance the legitimacy and public perception of alternative dispute resolution proceedings, say attorneys at Lowenstein Sandler.
-
Striking A Balance Between AI Use And Attorney Well-Being
As the legal industry increasingly adopts generative artificial intelligence tools to boost efficiency, leaders must note the hidden costs of increased productivity, and work to protect attorneys’ well-being while unlocking AI’s full potential, says Ed Sohn at Factor.
-
Takeaways From The IRS' Crypto Doc Summons Win
A recent First Circuit decision holding that taxpayers do not have a Fourth Amendment reasonable expectation of privacy in cryptocurrency transaction records should prompt both taxpayers and exchanges to take stock of past transactions and future plans, say attorneys at BakerHostetler.
-
How Judiciary Can Minimize AI Risks In Secondary Sources
Because courts’ standing orders on generative artificial intelligence and other safeguards do not address the risk of hallucinations in secondary source materials, the judiciary should consider enlisting legal publishers and database hosts to protect against AI-generated inaccuracies, say attorneys at Lankler Siffert & Wohl.
-
How Attorneys Can Break Free From Career Enmeshment
Ambitious attorneys can sometimes experience career enmeshment — when your sense of self-worth becomes unhealthily tangled up in your legal vocation — but taking the time to discover and realign with your core personal values can help you recover your identity, says Janna Koretz at Azimuth Psychological.
-
Ex-Chicago Politician's Case May Further Curb Fraud Theories
The U.S. Supreme Court recently agreed to hear Thompson v. U.S. to determine whether a statement that is misleading but not false still violates federal law, potentially heralding the court’s largest check yet on prosecutors’ expansive fraud theories, with significant implications for sentencing, say attorneys at the Law Offices of Alan Ellis.
-
Lawyers With Disabilities Are Seeking Equity, Not Pity
Attorneys living with disabilities face extra challenges — including the need for special accommodations, the fear of stigmatization and the risk of being tokenized — but if given equitable opportunities, they can still rise to the top of their field, says Kate Reder Sheikh, a former attorney and legal recruiter at Major Lindsey & Africa.
-
Judicial Committee Best Venue For Litigation Funding Rules
The Advisory Committee on Civil Rules' recent decision to consider developing a rule for litigation funding disclosure is a welcome development, ensuring that the result will be the product of a thorough, inclusive and deliberative process that appropriately balances all interests, says Stewart Ackerly at Statera Capital.
-
The Strategic Advantages Of Appointing A Law Firm CEO
The impact on law firms of the recent CrowdStrike outage underscores that the business of law is no longer merely about providing supplemental support for legal practice — and helps explain why some law firms are appointing dedicated, full-time CEOs to navigate the challenges of the modern legal landscape, says Jennifer Johnson at Calibrate Strategies.
-
Tariffs' Economic Downsides Outweigh Potential Revenue
Import tariffs proposed by the campaign of former president Donald Trump would generate revenue like other taxes, but policymakers must consider the net-negative impact of associated consumer and downstream-industry costs, harm to exporters, potential foreign retaliation and reduction in economic output, says Erica York at the Tax Foundation.
-
Navigating The Last Leg Of The Worker Retention Tax Credit
Whether a business has applied for the pandemic-era employee retention tax credit, received a denial letter or is still considering making a claim before the April 15 deadline, it should examine recent developments significantly affecting the program before planning next steps, say attorneys at Nixon Peabody.
-
How Cos. Can Build A Strong In-House Pro Bono Program
During this year’s pro bono celebration week, companies should consider some key pointers to grow and maintain a vibrant in-house program for attorneys to provide free legal services for the public good, says Mary Benton at Alston & Bird.
-
Home Canning Makes Me A Better Lawyer
Making my own pickles and jams requires seeing a process through from start to finish, as does representing clients from the start of a dispute at the Patent Trial and Appeal Board through any appeals to the Federal Circuit, says attorney Kevin McNish.