Tax

  • June 03, 2026

    Purdue Pharma Heir Sues Son Over Sackler Matriarch's Estate

    Former Purdue Pharma LP President Richard Sackler has appealed a Connecticut probate court decision favoring his son David Sackler in a dispute over his mother Beverly Sackler's estate, saying a judge ignored self-dealing rules when approving his son's request to assign trust interests to a public charity.

  • June 03, 2026

    Iowa Creates Sales Tax Break For Nuclear Energy Facilities

    Iowa nuclear energy facilities that are beginning or restarting operation are eligible for a sales tax exemption on purchases of materials under a law signed by the governor.

  • June 03, 2026

    Goldstein Cites Addiction To Avoid Time, DOJ Seeks 8 Years

    Federal prosecutors recommended a 97-month prison sentence for convicted SCOTUSblog founder Thomas Goldstein, telling a Maryland federal court he has bilked the government out of more than $9.5 million in unpaid taxes. Goldstein, meanwhile, asked for a suspended sentence and supervised release, citing a "severe and longstanding gambling addiction."

  • June 03, 2026

    Graham Pushes Federal Tort Path After DOJ Drops $1.8B Fund

    The U.S. Department of Justice seemed, at least briefly, to support a Republican senator's alternative solution to the "anti-weaponization" $1.8 billion fund that acting Attorney General Todd Blanche said Tuesday the department is abandoning.

  • June 03, 2026

    Okla. Gov. Vetoes Solar Power Property Tax Break Exclusion

    Oklahoma's governor pocket vetoed a bill that would have excluded solar power companies and battery energy storage systems from a property tax exemption for manufacturing facilities.

  • June 03, 2026

    Trust Tax Scheme Leader Gets More Than 7 Years In Prison

    A Texan who led an $8.5 million tax scheme involving trusts was sentenced to more than seven years in prison, making him the last defendant to be sentenced in a family-run operation, according to the U.S. Department of Justice.

  • June 03, 2026

    Ex-NRA Chief LaPierre Loses Appeal Of $4.4M Fine, Ban

    A New York state appellate panel upheld a Manhattan jury verdict against former National Rifle Association chief Wayne LaPierre for alleged misconduct, including $4.4 million in monetary damages and a ban on him serving in leadership at the gun group for a decade.

  • June 03, 2026

    USTR Seeks Input On China Preferential Trade Mechanism

    The Office of the U.S. Trade Representative announced what it is calling a government-to-government mechanism that will manage bilateral trade between the U.S. and China, including by considering tariff cuts, and asked for public comments on the program's development.

  • June 03, 2026

    San Diego Ballot Measure For Empty Homes Tax Trailing

    A ballot measure in San Diego to tax vacant homes was failing Wednesday to win the majority of votes required for passage, according to unofficial preliminary results with most votes still uncounted.

  • June 02, 2026

    'Tax 1st, Plan 2nd' School Funding Fee Unlawful, Panel Told

    Counsel for two certified classes of residents and homeowners told a North Carolina state appeals court Tuesday that they should be handed a new jury trial, as a county neglected state statute when it extracted millions of dollars in impact fees from local families without a clear plan on how to spend those funds.

  • June 02, 2026

    Lawmakers Seek IRS Tax Guidance For Cannabis Businesses

    A group of seven House Democrats is pressing the Internal Revenue Service and the U.S. Department of the Treasury to issue tax guidance for state-licensed medical cannabis businesses, warning that delay could leave taxpayers unable to claim deductions they might be eligible for after the Trump administration loosened federal restrictions.

  • June 02, 2026

    Former Royals Manager Inflated Land's Value, Tax Court Finds

    A former manager of the Kansas City Royals and his wife are liable for tax deficiencies and a 40% penalty after claiming a significantly inflated value for land in Meriwether County, Georgia, that they donated to a conservation group in 2017, the U.S. Tax Court held Tuesday.

  • June 02, 2026

    Justices Urged To Address Tax Fraud Deadline Split

    A woman urged the U.S. Supreme Court on Tuesday to reconcile the appellate courts' split over the period to assess taxes against a taxpayer in cases when a third party commits fraud, saying the IRS even admitted that the conflict creates "intolerable results."

  • June 02, 2026

    Brazil Facing 25% US Tariff Over IP, Other 'Unfair Practices'

    The U.S. Trade Representative proposed hitting Brazil with a broad 25% tariff following a trade investigation that it says uncovered a slew of "unfair practices that imposed burdens on American businesses," including poorly enforced intellectual property rights and preferential tariffs.

  • June 02, 2026

    Ex-McDermott, Venable Attys Sued Over Estate's $40M Tax Bill

    The estate of a successful dentist who died in 2017 sued McDermott Will & Schulte LLP, Venable LLP and two attorneys in California state court Monday, alleging they gave negligent legal advice in planning the dentist's estate causing it to owe the IRS $40 million in taxes and penalties.

  • June 02, 2026

    US Pushes To Keep Trump Tariffs In Effect During Appeal

    The Federal Circuit should maintain a pause on a lower court's order blocking President Donald Trump's temporary global tariffs with respect to Washington state and two businesses, the U.S. argued, saying the merits "lopsidedly" favor a stay during the government's appeal.

  • June 02, 2026

    Minn. Childcare Center Property Tax Break OK'd By Court

    A Minnesota childcare center was entitled to a property tax break as an educational facility, the Minnesota Tax Court said, rejecting a county's argument that the school did not meet a deadline for a filing with the county before appealing to the court.

  • June 02, 2026

    DOJ Won't Move Forward With $1.8B Fund, Blanche Confirms

    Acting Attorney General Todd Blanche told lawmakers Tuesday, "we're not moving forward" with the controversial $1.8 billion settlement fund.

  • June 02, 2026

    DC Mayor OKs Appeal Process For Property Transfer Taxes

    Washington, D.C., would allow a new way to appeal the fair market value, used to calculate transfer and recordation taxes, of properties transferred for no or nominal consideration under legislation signed into law, subject to 30-day congressional review.

  • June 02, 2026

    EU Parliament Trade Committee Advances US Trade Deal

    With a July 4 deadline set by President Donald Trump looming, the European Union moved one step closer to implementing its trade deal cutting tariffs — though with added guardrails — as a Parliament committee voted Tuesday to advance the legislation.

  • June 02, 2026

    Samsung Follows Exxon From NJ To Texas

    After less than a year in a new building in New Jersey, Samsung said it plans to move its headquarters to Texas by the end of 2026, wrapping up a more than 40-year run of corporate residency in the Garden State.

  • June 02, 2026

    Colorado Extends Conservation Easement Income Tax Credit

    Colorado is extending its conservation easement tax credit for five years under legislation signed by Gov. Jared Polis.

  • June 02, 2026

    Bradley Arant Brings On 5 Watkins & Eager Partners In Miss.

    Bradley Arant Boult Cummings LLP has expanded its real estate, finance and private wealth groups in Mississippi by hiring five former Watkins & Eager PLLC partners for its Jackson office.

  • June 01, 2026

    No Illinois Stadium Bill For Bears As Legislative Session Ends

    The Chicago Bears on Monday kept the door open to staying in Illinois instead of moving to Indiana, hours after the state's Senate failed to act on a tax incentive bill for a proposed stadium before the legislative session ended.

  • June 01, 2026

    Conn. Alters Pot Tax, Gives Cities Aid To Cut Property Taxes

    Connecticut will change its cannabis tax structure, provide funding to local governments for property tax reductions and make other tax changes under a 2027 budget bill signed by the governor.

Expert Analysis

  • Series

    Playing Softball Makes Me A Better Lawyer

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    My time on the softball field has taught me lessons that also apply to success in legal work — on effective preparation, flexibility, communication and teamwork, says Sarah Abrams at Baleen Specialty.

  • Series

    Law School's Missed Lessons: Mastering Time Management

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    Law students typically have weeks or months to prepare for any given deadline, but the unpredictability of practicing in the real world means that lawyers must become time-management pros, ready to adapt to scheduling conflicts and unexpected assignments at any given moment, says David Thomas at Honigman.

  • How Hyperlinks Are Changing E-Discovery Responsibilities

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    A recent e-discovery dispute over hyperlinked data in Hubbard v. Crow shows how courts have increasingly broadened the definition of control to account for cloud-based evidence, and why organizations must rethink preservation practices to avoid spoliation risks, says Bree Murphy at Exterro.

  • State False Claims Acts Can Help Curb Opioid Fund Fraud

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    State versions of the federal False Claims Act can play an important role in policing the misuse of opioid settlement funds, taking a cue from the U.S. Department of Justice’s handling of federal fraud cases involving pandemic relief funds, says Kenneth Levine at Stone & Magnanini.

  • Revamped Opportunity Zones Can Aid Clean Energy Projects

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    The Qualified Opportunity Zone program, introduced in 2017 and reshaped in the One Big Beautiful Bill Act, offers investors federal tax incentives for development in low-income communities — incentives that are especially meaningful for clean energy projects, where capital-intensive infrastructure and long-term planning are essential, say attorneys at Dentons.

  • Sales And Use Tax Strategies For Renewables After OBBBA

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    With the One Big Beautiful Bill Act sharply curtailing federal tax incentives for solar and wind projects, it is vital for developers to carefully manage state and local sales and use tax exposures through early planning and careful contract structuring, say advisers at KPMG.

  • Series

    Writing Musicals Makes Me A Better Lawyer

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    My experiences with writing musicals and practicing law have shown that the building blocks for both endeavors are one and the same, because drama is necessary for the law to exist, says Addison O’Donnell at LOIS Law.

  • How Fashion, Tech Can Maximize New Small Biz Tax Breaks

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    Fashion and technology companies, which invest heavily in innovation, should consider taking advantage of provisions in the One Big Beautiful Bill Act that favor small businesses, restructuing if necessary to become eligible for expanded research and experimental expenditure credits and qualified small business stock incentives, says Aime Salazar at Olshan Frome.

  • Series

    Adapting To Private Practice: From Va. AUSA To Mid-Law

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    Returning to the firm where I began my career after seven years as an assistant U.S. attorney in Virginia has been complex, nuanced and rewarding, and I’ve learned that the pursuit of justice remains the constant, even as the mindset and client change, says Kristin Johnson at Woods Rogers.

  • 7 Document Review Concepts New Attorneys Need To Know

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    For new associates joining firms this fall, stepping into the world of e-discovery can feel like learning a new language, but understanding a handful of fundamentals — from coding layouts to metadata — can help attorneys become fluent in document review, says Ann Motl at Bowman and Brooke.

  • Agentic AI Puts A New Twist On Attorney Ethics Obligations

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    As lawyers increasingly use autonomous artificial intelligence agents, disciplinary authorities must decide whether attorney responsibility for an AI-caused legal ethics violation is personal or supervisory, and firms must enact strong policies regarding agentic AI use and supervision, says Grace Wynn at HWG.

  • Sweeping US Tax And Spending Bill May Bolster PE Returns

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    The One Big Beautiful Bill Act stands to benefit private equity sponsors and their investors as it alters existing law, including at the portfolio company level, making it crucial to reevaluate historic tax planning and optimize for the new tax regime, say attorneys at Paul Hastings.

  • Series

    Being A Professional Wrestler Makes Me A Better Lawyer

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    Pursuing my childhood dream of being a professional wrestler has taught me important legal career lessons about communication, adaptability, oral advocacy and professionalism, says Christopher Freiberg at Midwest Disability.

  • Opportunity Zone's Future Corp. Tax Benefits Still Uncertain

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    Despite recent legislative enhancements to the qualified opportunity fund program, and a new G7 understanding that would exempt U.S.-parented multinationals from the undertaxed profits rule, uncertainties over future tax benefits could dampen investment interest in the program, says Alan Lederman at Gunster.

  • How GILTI Reform Affects M&A Golden Parachute Planning

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    Deal teams should evaluate the effect of a recent seemingly technical change to U.S. international tax law on the golden parachute analysis that often plays a critical part of many corporate transactions to avoid underestimating its impact on an acquirer's worldwide taxable income following a triggering transaction, say attorneys at MoFo.

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