Tax

  • August 06, 2026

    Tax Court Nixes Trader's $170M Dividend Tax Break

    The Internal Revenue Service correctly disallowed over $170 million in qualified dividend deductions and over $25 million in foreign tax credits to a trading firm in 2012, the U.S. Tax Court held Thursday, finding its transactions failed an anti-abuse rule.

  • August 06, 2026

    Updated 'Slush Fund' Suit Challenges Trump's Audit Immunity

    The IRS workers' union Thursday joined litigation in Virginia federal court challenging what the plaintiffs call President Donald Trump's proposed $1.8 billion "slush fund," adding claims that a side-order granting Trump, his family and businesses immunity from federal audits could expose IRS workers to criminal liability.

  • August 06, 2026

    GAO Pans DOGE's Savings Claims, Ethics Practices

    The U.S. Government Accountability Office said on Thursday that the Department of Government Efficiency's claim to have saved $110 billion from terminated contracts, grants and leases is based on incorrect and opaque cost estimates.

  • August 06, 2026

    Tax Prep Biz Owner Gets 30 Months For $5M Refund Scheme

    A Las Vegas tax preparation business owner was sentenced to 30 months in prison for conspiring to defraud the U.S. government by filing false tax returns and diverting portions of the resulting refunds to herself and an employee, the U.S. Justice Department said.

  • August 06, 2026

    6th Circ. Slashes 'Egregious' Fee Award In Tax-Taking Suit

    Michigan attorneys representing plaintiffs in a tax foreclosure suit had their awarded attorney fees, which more than doubled the settlement they obtained in the case, slashed by a Sixth Circuit panel in a published opinion Thursday.

  • August 06, 2026

    The Dramatic Moments Set To Shape Tom Goldstein's Appeal

    Prurient revelations, brash recriminations and purportedly glaring judicial errors in Tom Goldstein's criminal case have captivated the appellate bar for nearly 19 months, and many of those moments will be center stage in the star attorney's imminent appeal.

  • August 06, 2026

    Ga. Drops Uber Tax Appeal After State High Court Loss

    Georgia's tax agency and Uber have settled their dispute over whether the ride-hailing company was required to collect and remit millions in sales taxes on behalf of drivers and customers who used its app before the Wayfair decision, the Georgia Court of Appeals said in an order Thursday.

  • August 06, 2026

    Africa Wants Majority Voting For Future UN Tax Pact Decisions

    The African Group wants simple majority voting for decisions by governments that ratify the proposed United Nations Framework Convention on International Tax Cooperation, a representative said Thursday.

  • August 06, 2026

    CIT Judge Confused By Gov't Objection To Tariff Refund Class

    A U.S. Court of International Trade judge repeatedly expressed confusion Thursday over the federal government's objection to the certification of a class of importers seeking refunds of President Donald Trump's illegal global tariffs to address concerns about finalized entries.

  • August 06, 2026

    Jones Day Hires Morgan Lewis Tax Partner In DC

    Jones Day has hired a former Morgan Lewis & Bockius LLP tax attorney who spent more than 11 years representing multinational businesses, partnerships, and high-net-worth individuals, the firm announced Wednesday.

  • August 06, 2026

    2 Law Firms Say IRS Wrongly Denied COVID-19 Tax Credits

    A pair of law firms are alleging in Georgia federal court that the Internal Revenue Service wrongly denied their claims to employee retention credits, a tax incentive created during the height of the COVID-19 pandemic to encourage businesses to keep workers on their payrolls.

  • August 06, 2026

    EU Must Walk Tightrope With Carbon Tax Under WTO Rules

    Lawmakers behind the European Union's carbon import tax say the policy supports global climate action while remaining compliant with World Trade Organization rules — although experts note that treating all traders equally can be tricky in practice.

  • August 05, 2026

    Texas Man Gets 3½ Years, Must Pay $6M For Fraud Scheme

    A Colorado federal judge sentenced a Texas man Wednesday to 3.5 years in prison for his role in the operation and promotion of a multimillion-dollar fraudulent investment fund, ordering nearly $6 million to be paid in restitution.

  • August 05, 2026

    JBS To Pay $31M In Pilgrim's Pride Investors' Control Suit

    Brazil-based meat giant JBS SA agreed to pay $31 million to shareholders of its subsidiary Pilgrim's Pride Corp. to settle a suit accusing JBS, its affiliates and its Pilgrim's board appointees of unfairly increasing JBS' clout and access to dividends and tax benefits at the expense of minority shareholders of Pilgrim's.

  • August 05, 2026

    Tax Court Has Jurisdiction In Partnership's Late-Filed Case

    The U.S. Tax Court has jurisdiction in the case of a partnership that missed the 90-day window for filing its petition under an Internal Revenue Code rule enacted in 2015, the court held Wednesday, finding that the rule warranted a result different from that reached in an earlier case.

  • August 05, 2026

    Taiwan LED Maker To Pay $5.15M In Customs Fraud Deal

    Taiwanese-based Everlight Electronics will pay the U.S. government $5.15 million to resolve duty evasion allegations in a dispute brought under the False Claims Act, the U.S. Attorney's Office for the District of Maryland announced Wednesday. 

  • August 05, 2026

    Judge Says Firearms Act Can't Stand After Gun Taxes Zeroed

    A Texas federal court ruled Wednesday that the National Firearms Act and its enforcement of registration and transfer requirements are unconstitutional in light of the 2025 federal budget bill's elimination of taxes on certain firearms, handing a win to several gun rights advocacy groups.

  • August 05, 2026

    Convicted Tax-Offender Atty Rebuffed In Bid To Have Firearm

    A Connecticut attorney who served prison time for tax offenses cannot proceed with most of a suit that seeks the restoration of his right to possess a firearm, a federal judge said in a ruling Wednesday.

  • August 05, 2026

    Court Wrongly Nixed $750K Tax Debt Collection, 6th Circ. Told

    An Ohio federal court wrongly found that the U.S. government couldn't collect on a man's federal tax liabilities of over $750,000 via a property sale, the government told the Sixth Circuit, saying while the man's mother holds legal title to the property, he is its equitable owner.

  • August 05, 2026

    Finance Group Urges Changes To UK Tax Reporting Rules

    The U.K.'s Labour government should change its plans for new cross-border tax reporting rules because the draft rules are overly complex for financial firms and the timeline is unrealistic, an industry group warned.

  • August 04, 2026

    NYC Extends Deadline For Pied-À-Terre Tax Exemptions

    New York City Mayor Zohran Mamdani has extended the deadline for applying for exemptions from a "pied-à-terre" tax on second NYC homes that the city values at $1 million or more, setting the new deadline as Sept. 18.

  • August 04, 2026

    Lender Can't Claim $5M In Worker Credits, Judge Rules

    A mortgage lender that said it had to suspend operations during the pandemic can't claim $5 million in refunds for worker tax credits, a California federal magistrate judge said, finding the lender failed to show that its sales operations were partially suspended due to a government order.

  • August 04, 2026

    Australia Seeks Feedback On Extending Gains Tax Rules

    Australia is seeking feedback on draft legislation that would extend an overhaul to the capital gains tax system to specialized investment trusts, shield deceased estates from a new minimum tax and make several other changes.

  • August 04, 2026

    Ex-Booz Allen Worker Says Sen. Scott's Tax Leak Claims Late

    A former employee of federal contractor Booz Allen Hamilton asked a Florida federal court to toss claims against him by Sen. Rick Scott over the leak of his personal tax returns, saying the suit was filed too late and in the wrong jurisdiction.

  • August 04, 2026

    Mich. Judge Fines Atty $1K For 'Baseless' Ethics Accusation

    A Michigan federal judge on Tuesday sanctioned an attorney in a tax foreclosure suit and said he would not allow the parties to continue bickering via motion because "this case is over."

Expert Analysis

  • Series

    Judges On AI: How Judicial Use Informs Guardrails

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    U.S. Magistrate Judge Maritza Dominguez Braswell at the U.S. District Court for the District of Colorado discusses why having a sense of how generative AI tools behave, where they add value, where they introduce risk and how they are reshaping the practice of law is key for today's judges.

  • Presidential Pardon Brokering Can Create Risks For Attys

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    The emergence of an apparent “pardon shopping” marketplace, in which attorneys treat presidential pardons as a market product, may invite investigative scrutiny of counsel and potential criminal charges grounded in bribery, wire fraud and other statutes, says David Klasing at The Tax Law Offices of David W. Klasing.

  • Series

    Adapting To Private Practice: 5 Tips From Ex-SEC Unit Chief

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    My move to private practice has reaffirmed my belief in the value of adaptability, collaboration and strategic thinking — qualities that are essential not only for successful client outcomes, but also for sustained professional satisfaction, says Dabney O’Riordan at Fried Frank.

  • Series

    Law School's Missed Lessons: How To Start A Law Firm

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    Launching and sustaining a law firm requires skills most law schools don't teach, but every lawyer should understand a few core principles that can make the leap calculated rather than reckless, says Sam Katz at Athlaw.

  • Key False Claims Act Trends From The Last Year

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    The False Claims Act remains a powerful enforcement tool after some record verdicts and settlements in 2025, and while traditional fraud areas remain a priority, new initiatives are raising questions about its expanding application, says Veronica Nannis at Joseph Greenwald.

  • Series

    Hosting Exchange Students Makes Me A Better Lawyer

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    Opening my home to foreign exchange students makes me a better lawyer not just because prioritizing visiting high schoolers forces me to hone my organization and time management skills but also because sharing the study-abroad experience with newcomers and locals reconnects me to my community, says Alison Lippa at Nicolaides Fink.

  • 5 Action Steps For Employers Facing 27 Pay Periods In 2026

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    In 2026, some employers may have 27 pay periods, instead of the usual 26, which can cause budgeting and compliance headaches, particularly for salaried employees, but there is still time to develop a strategy to avoid payroll compliance problems, say attorneys at Fisher Phillips.

  • How A 1947 Tugboat Ruling May Shape Work Product In AI Era

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    Rapid advances in generative artificial intelligence test work-product principles first articulated in the U.S. Supreme Court’s nearly 80-year-old Hickman v. Taylor decision, as courts and ethics bodies confront whether disclosure of attorneys’ AI prompts and outputs would reveal their thought processes, say Larry Silver and Sasha Burton at Langsam Stevens.

  • 2026 Int'l Arbitration Trends: Tariffs Drive Transformation

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    In 2025, the Trump administration's sweeping tariffs triggered an unprecedented wave of trade-related disputes — and this, along with evolving M&A practices, the challenges of enforcing arbitral awards against sovereign states, and the role of emerging technologies, will continue to drive international arbitration trends this year, say attorneys at Cleary.

  • Navigating Privilege Law Patchwork In Dual-Purpose Comms

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    Three years after the U.S. Supreme Court declined to resolve a circuit split in In re: Grand Jury, federal courts remain split as to when attorney-client privilege applies to dual-purpose legal and business communications, and understanding the fragmented landscape is essential for managing risks, say attorneys at Covington.

  • Cannabis Industry Faces An Inflection Point This Year

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    Cannabis industry developments last year — from the passage of a new wholesale tax in Michigan, to an executive order accelerating the federal rescheduling process — presage a more mature phase of legalization this year, with hardening expectations and enforcement to come, says Alex Leonowicz at Howard & Howard.

  • Series

    Fly-Fishing Makes Me A Better Lawyer

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    Much like skilled attorneys, the best anglers prize preparation, presentation and patience while respecting their adversaries — both human and trout, says Rob Braverman at Braverman Greenspun.

  • 4 Ways GCs Can Manage Growing Service Of Process Volume

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    As automation and arbitration increase the volume of legal filings, in-house counsel must build scalable service of process systems that strengthen corporate governance and manage risk in real time, says Paul Mathews at Corporation Service Co.

  • Series

    The Law Firm Merger Diaries: Forming Measurable Ties

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    Relationship-building should begin as early as possible in a law firm merger, as intentional pathways to bringing people together drive collaboration, positive client response, engagements and growth, says Amie Colby at Troutman.

  • 3 Key Takeaways From Planned Rescheduling Of Cannabis

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    An executive order reviving cannabis rescheduling represents a monumental change for the industry and, while the substance will remain illegal at the federal level, introduces several benefits, including improving state-legal cannabis operators' tax treatment, lowering the industry's legal risk profile, and leaving state-regulated markets largely intact, say attorneys at Dentons.

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