Tax

  • October 08, 2026

    Coastal County Tells Texas Justices It's Free To Tax Stored Oil

    A Texas county's property tax on stored oil that companies said was bound for export doesn't violate the import-export clause of the U.S. Constitution, the county told the state's high court Thursday, saying a significant amount of oil remained in the state.

  • October 08, 2026

    Ex-Tax Preparer Gets 4 Years For $11M Fraud Scheme

    A former New York-based tax preparer was sentenced to four years in prison after she copped to wire fraud and assisting in the preparation of false returns as part of a nearly $11 million tax fraud scheme, federal prosecutors said Thursday.

  • October 08, 2026

    Man Appeals $10M Tax Bill Over Unreported Company Income

    A man is appealing a U.S. Tax Court order that found he owes around $10.4 million in taxes and penalties for failing to report company funds he used for personal expenses such as luxury cars, according to a notice filed Thursday.

  • October 08, 2026

    7th Circ. Backs Ex-Chicago Atty's Tax Fraud Conviction

    The Seventh Circuit affirmed a man's two-and-a-half-year prison sentence for tax fraud, witness tampering and contempt Thursday, rejecting his argument that the government didn't present sufficient evidence to prove that he was guilty of filing false corporate and individual income tax returns.

  • October 08, 2026

    DOT Tells 2nd Circ. Congestion Pricing Fight In Wrong Court

    The Trump administration doubled down on its efforts to eliminate New York's congestion pricing, telling the Second Circuit that the underlying contract dispute was heard in the wrong court and that it shouldn't be handcuffed to now-disfavored policies of earlier administrations anyway.

  • October 08, 2026

    62 Detained In €410M Electronics VAT Fraud, EU Says

    European authorities detained 62 people in Portugal, Spain and Italy who are suspected of a value-added tax fraud involving electronics that caused at least €410 million ($460 million) in tax losses across the European Union, prosecutors said.

  • October 08, 2026

    New Fraud Division Flexes Might In Latest Enforcement Policy

    The National Fraud Enforcement Division's new corporate enforcement policy emphasizes the quick pursuit of certain types of fraud through data analysis and staff resources, expands the target list beyond traditional healthcare providers and highlights the division's growing dominance within the U.S. Department of Justice, experts say.

  • October 08, 2026

    Sen. Scott Can Trim Booz Allen Tax Info Leak Suit, Judge Says

    Sen. Rick Scott can narrow his suit over an IRS contractor's leak of his tax returns to proceed only on a negligence claim against Booz Allen Hamilton in Florida federal court, a judge ruled, saying the trim avoids overlapping litigation after claims against the leaker were transferred.

  • October 08, 2026

    Buffalo Sues Feds Over NY Tribe's Land Sale's Status

    The city of Buffalo is asking a New York district court to vacate the federal government's decision to place a 3.8-acre waterfront panel in a restricted fee status for the Seneca Nation of Indians that could remove the property from the municipality's tax rolls.

  • October 08, 2026

    US Drops Appeal Of $49M In Grants Won By Wind Farm

    The U.S. government dropped its Federal Circuit appeal of a lower court's approval of $49.4 million in additional renewable energy cash grants for the country's second-largest wind farm, ending a 13-year dispute over the grant amount.

  • October 08, 2026

    Bolt Refused Chance To Appeal £190M VAT Ruling

    Ride-hailing giant Bolt said Thursday it was disappointed in the U.K. Supreme Court's refusal of the company's appeal over its claim to a value-added tax margin scheme to reduce an estimated liability of £190 million ($251.6 million).

  • October 07, 2026

    Amazon Patron's Sales Tax Overcharge Suit Tossed, For Now

    A Washington federal magistrate judge has thrown out a consumer's proposed class action accusing Amazon of charging too much Tennessee sales tax, finding Wednesday that the plaintiff had not shown the e-commerce giant's alleged overcollection was driven by profit or other business motives.

  • October 07, 2026

    8th Circ. Upholds $35,000 Costs Award In DAPL Protest Case

    An Eighth Circuit panel has upheld a lower court's award of more than $35,000 in costs to Morton County, North Dakota, and its officials in a challenge by an environmentalist who was severely injured by law enforcement during a protest over the Dakota Access pipeline.

  • October 07, 2026

    1st Circ. Skeptical Of Legal Basis For IRS-ICE Data Sharing

    The First Circuit repeatedly suggested during a hearing Wednesday that the Trump administration's use of a privacy exception in the tax code for criminal investigations to justify demanding tax records of noncitizens could allow it to target nearly anyone's private returns.

  • October 07, 2026

    Nonprofit's Ex-President Admits To Falsifying Tax Returns

    A former president of a nonprofit organization serving the Telugu community who falsified tax returns by reclassifying expenditures meant to reimburse donors as legitimate expenses pled guilty to conspiracy to defraud the U.S. government in California federal court.

  • October 07, 2026

    IRS Agrees Silicon Valley Bank Liquidator Due $21.7M Refund

    The trust responsible for liquidating assets of the Silicon Valley Bank, which went into receivership in 2023, owes none of $41 million in assessed tax deficiencies and is due a $21.7 million refund, the IRS and the trust agreed.

  • October 07, 2026

    Ex-Tenn. County Commissioner Gets 2 Years For Tax Evasion

    A former Tennessee county commissioner was sentenced to two years in prison for evading taxes by failing to report to the IRS roughly $311,000 over five years in income derived from grants that the commission awarded to nonprofit organizations.

  • October 07, 2026

    11 Arrested In €100M Plastics VAT Fraud, EU Says

    Italian authorities have detained 11 people suspected of evading €100 million ($112 million) in value-added taxes while trading plastic products, the European Public Prosecutor's Office said Wednesday.

  • October 06, 2026

    Amazon Shoppers' Tariff Refund Suits Sent To Seattle As MDL

    The Judicial Panel on Multidistrict Litigation has centralized a series of proposed class actions accusing Amazon of denying online shoppers tariff refunds, sending lawsuits filed in Florida, Michigan, New York and Ohio to Washington federal court for coordinated proceedings.

  • October 06, 2026

    Calif. Tribe Says Kalshi Evades Tribal Sports Betting Bans

    A Southern California tribe warned the U.S. Supreme Court on Tuesday that a recent Third Circuit decision blocking New Jersey from enforcing its gambling laws against Kalshi could threaten tribes' exclusive rights to regulate gambling on their reservations.

  • October 06, 2026

    Minor League Hockey Team Ex-Owner Cops To Tax Fraud

    The former majority owner of Charlotte's minor league hockey team has admitted to filing a false tax return in 2020 that federal prosecutors said drastically understated his income, court records filed in the Western District of North Carolina show.

  • October 06, 2026

    Trump Allows Dyed Fuel In Highway Use, Defers Excise Taxes

    President Donald Trump signed an executive order to temporarily allow road vehicles to use dyed diesel fuel that is typically used by off-road vehicles and to defer applicable federal excise taxes, the White House said.

  • October 05, 2026

    Crypto 'Godfather' Who Hired Cops To Extort Gets 6.5 Years

    A Los Angeles-based cryptocurrency businessman who called himself "The Godfather" was sentenced Monday to more than six years in prison and ordered to pay more than $23 million in restitution for getting Los Angeles County sheriff's deputies to harass his enemies and for separately stealing from Meta, federal prosecutors announced.

  • October 05, 2026

    Illinois' Curbs On Kalshi Sports Contracts Blocked For Now

    An Illinois federal judge temporarily blocked the state from enforcing its gambling license requirements against Kalshi and Coinbase on Friday, saying that the companies' core sports betting contracts are likely federally regulated swaps.

  • October 05, 2026

    Novel Strategy Prompted ETF Guidance, Treasury Atty Says

    The U.S. Department of the Treasury's recent revenue ruling and notice cracking down on improper arrangements using legitimate exchange-traded fund conversions was a response to a marketed transaction that was not squarely addressed by existing rules targeting abusive practices, a department official said Monday.

Expert Analysis

  • Series

    Mentalism Makes Me A Better Lawyer

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    Convincing strangers I can read their minds may seem like an unusual second career for a legal practitioner, but both disciplines share several important requirements, including trust and preparation, says Warren Biro at Manatt.

  • Why And How To Build A Neurodiversity-Informed Practice

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    By better understanding neurodiversity and implementing simple accommodations for clients with autism, ADHD or learning differences, attorneys can build stronger relationships with those who may otherwise struggle to obtain and benefit from legal services, while developing good habits that will benefit everyone they represent, says Ting Cheung at Sanford Heisler.

  • Series

    Illinois Banking Brief: All The Notable Legal Updates In Q3

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    Recent banking developments in Illinois include significant new consumer protection legislation, three meaningful Seventh Circuit decisions, and a high-profile constitutional challenge to the state's new digital asset tax, say attorneys at Barnes & Thornburg.

  • Why Importers Should Assess IEEPA Refund Claims Now

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    Businesses that wait for direction from U.S. Customs and Border Protection or the courts before seeking refunds of their finally liquidated International Economic Emergency Procedure Act duties in court may find them out of reach as the earliest potential limitation deadlines are approaching, says Samuel Finkelstein at LMD Trade Law.

  • FinCEN Exemption Raises Statutory, Administrative Questions

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    The Financial Crimes Enforcement Network's recently rolled-out broad exemption for U.S. companies from Corporate Transparency Act reporting may face administrative law and statutory challenges, so businesses should still preserve ownership records and monitor litigation and congressional action, says David McCarville at Fennemore.

  • Testing AI's Promise For Large-Scale Document Review

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    Our document-review comparison of attorneys' responsiveness and issue coding decisions versus predictions generated by artificial intelligence across 1,600 documents suggests that these tools can offer a reasonable and reliable basis for improved discovery workflows, provided lawyers understand where guardrails are needed, say attorneys at Redgrave.

  • Opinion

    IRS Automatic Penalty Relief Needs More Transparency

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    The IRS’ transition from manual first-time abate waivers to automatic penalty relief directly addresses genuine inequities, but its algorithmic framework creates an opaque black box that strips taxpayers of procedural visibility and complicates due process, says Colette Karam at Spencer West.

  • What's Next For Prediction Markets If States Win At High Court

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    While the Supreme Court hasn't taken up a prediction market case yet, a high court win for the states in their quest to regulate the exchanges would likely mean a wave of state legislature bills and regulatory guidance arriving on different timelines, rather than a single uniform transition, says Howard Herndon at Bradley Arant.

  • AI Meeting Recaps Pose New Discovery And Privilege Risks

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    The New York City Bar Association’s recent ethics opinion, cautioning attorneys not to record nonclient conversations with artificial intelligence tools, reflects an emerging view that AI meeting recaps are now a distinct business record category, meaning counsel should set meeting-level controls and apply framework-level updates, says William Wright at Faegre Drinker.

  • Series

    Playing Bid Whist Makes Me A Better Lawyer

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    As a child, I viewed bid whist as a family tradition and a source of friendly card game competition, but as a lawyer, I see it as a tool that has helped me cultivate skills like communication, teamwork, risk assessment and composure, says Keyonn Pope at Riley Safer.

  • Md. Digital Tax Ruling Is A Road Map For Future Challenges

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    Three Maryland Tax Court rulings that recently struck down the state's digital advertising tax suggest constitutional and statutory vulnerabilities that could be used to challenge newly enacted digital services laws or legislation being considered by other states, say attorneys at Holland & Knight.

  • Opinion

    Calif. Bill Goes Too Far In Trying To Regulate Attorney AI Use

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    California’s first-in-the-nation act regulating how attorneys and arbitrators use generative artificial intelligence will likely soon become law, but read broadly, the provisions may dissuade lawyers from employing AI at all, thereby depriving them of key work tools, says Joshua Wurtzel at Schlam Stone.

  • IRS Notice Helps Bridge Carbon Capture Reporting Gap

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    Recent guidance that extends a safe harbor for taxpayers claiming Section 45Q carbon capture credits provides a temporary reporting method that may keep viable projects moving while the U.S. Department of the Treasury and the Environmental Protection Agency address future reporting standards, says Peter Lowy at Nelson Mullins.

  • Series

    Law School's Missed Lessons: Cultivating Good Judgment

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    Law schools generally overlook the role that solid judgment skills play in real-world practice, but attorneys can bridge the gap by strengthening their abilities to assess a case’s strengths and weaknesses, develop and execute effective strategies, and provide clear recommendations to clients, says Manny Caixeiro at Venable.

  • What To Expect From Colorado's New Artist Co. Structure

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    Colorado's newly established class of artist companies, or A-Corps, provides a useful structure for small-scale ventures, but challenges could arise for more complex business plans, and limitations on investor participation may limit widespread adoption, say attorneys at Armstrong Teasdale.

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