Tax

  • April 01, 2026

    Ex-Diplomat Says Rep. Rivera's Liaison Was Out For Himself

    A retired diplomat Wednesday described former Florida congressman David Rivera's Venezuelan contact Raúl Gorrín as a wealthy businessman "distrusted by everybody," telling jurors in the criminal trial against Rivera that Gorrín was willing to work with the Venezuelan regime when financially beneficial.

  • April 01, 2026

    Sidley Beats Malpractice Suit Over Ex-Atty's Tax Scheme

    Sidley Austin LLP defeated a suit from a family of business magnates who said they were duped into a tax sheltering scheme by an ex-attorney, after a Georgia federal judge ruled the family should have suspected they were in legal trouble long before they filed their suit.

  • April 01, 2026

    4 Million Trump Accounts Established, IRS Says

    More than 4 million children have been signed up for the new type of individual retirement account known as a Trump account, with more than a quarter of them eligible to receive $1,000 contributions through a pilot program, the Internal Revenue Service said.

  • April 01, 2026

    Offit Kurman Adds 5 Attys From Now-Shuttered Taylor Duma

    Offit Kurman Attorneys At Law announced Wednesday it has expanded its presence in Atlanta with the addition of five Taylor Duma LLP attorneys following the firm's closure Tuesday.

  • April 01, 2026

    Jones Walker Adds Tax Pro Duo From Sugarman & Susskind

    Jones Walker LLP announced Wednesday that it added two new attorneys as members of its tax practice group and employee benefits team in Miami from Sugarman & Susskind PA.

  • March 31, 2026

    'Best Judicial System In The World': Alsup Reflects On Career

    Before taking inactive status late last year, U.S. District Judge William H. Alsup presided over historic litigation in California's Northern District for 26 years, arriving at his San Francisco chambers every weekday before dawn to prepare for the day's work.

  • March 31, 2026

    Lobbyist Blocked Rivera After Tying Him To $50M Oil Deal

    Republican lobbyist Brian Ballard was "exceptionally angry" and blocked former Florida Congressman David Rivera's number after Rivera insinuated Ballard was tied to a $50 million consulting agreement Rivera signed with the U.S. affiliate of Venezuela's state-owned company, Ballard testified Tuesday in federal court.

  • March 31, 2026

    DOL's Push To Curb 401(k) Suits Could Face Court Challenges

    The U.S. Department of Labor's recent proposal to give retirement plan fiduciaries legal cover to select a broader range of investments aims to reduce ERISA litigation, but attorneys on both sides of the bar say they expect the rule to face legal challenges if finalized as proposed.

  • March 31, 2026

    Tariff Refunds On Liquidated Goods To Come, Customs Says

    U.S. Customs and Border Protection will enable refunds for imports already liquidated that were subject to tariffs struck down by the U.S. Supreme Court, but that functionality still requires more time to develop, according to an official's declaration filed Tuesday in the U.S. Court of International Trade.

  • March 31, 2026

    IRS Can Collect $371M From Convicted Ex-Atty, 7th Circ. Says

    The Internal Revenue Service can assess and collect restitution against a former attorney who served prison time in connection with $7 billion in tax fraud, making the amount immediately due and payable, the Seventh Circuit ruled, saying it was the first circuit court to address the issue.

  • March 30, 2026

    Wash. Will Tax Incomes Above $1 Million By Almost 10%

    Washington state will put a nearly 10% tax on the income of residents who earn more than $1 million under a bill signed Monday by Democratic Gov. Bob Ferguson.

  • March 30, 2026

    Michigan Overtaxes Marijuana Sales, Industry Group Claims

    Michigan's new tax on marijuana sales has resulted in an effective tax rate that's higher than the constitution permits, a group representing the cannabis industry claimed in a new lawsuit Monday.

  • March 30, 2026

    Utah Expands Tax Credit For Employer-Provided Child Care

    Utah expanded a corporate and individual income tax credit for employer-provided child care to apply to off-site facilities under a bill signed by the governor.

  • March 30, 2026

    Eye Doctor Appeals Microcaptive Tax Payments At 5th Circ.

    An eye doctor and his wife asked the Fifth Circuit to overturn a U.S. Tax Court decision from last year that affirmed Internal Revenue Service penalties and payments associated with their ophthalmology practice's microcaptive insurance arrangements.

  • March 30, 2026

    Colo. High Court Takes Up Netflix's Sales Tax Challenge

    The Colorado Supreme Court will determine whether Netflix's streaming video services are tangible personal property subject to sales tax, the justices said Monday, agreeing to review a state appeals court ruling in favor of the state Department of Revenue.

  • March 30, 2026

    Mother And Son Tax Preparers Accused Of Fraud

    A Texas mother and son were indicted for filing fraudulent tax returns through their tax preparation businesses, according to the U.S. Department of Justice, which said the pair tried to get unwarranted refunds by fabricating deductions.

  • March 30, 2026

    Morgan Lewis Brings On More Tax Pros From Baker McKenzie

    Morgan Lewis & Bockius LLP announced Monday it has welcomed a four-member Baker McKenzie team with experience in tax and transfer pricing to the firm's New York office.

  • March 30, 2026

    Deloitte Must Face Suit Over Philanthropists' Tax Bill

    Deloitte lost its bid to avoid a June trial in a dispute over the accounting firm's handling of a $77 million share repurchase and planned charitable transfer that allegedly led to an unexpected tax bill for Boston-area developers and philanthropists William and Joyce Cummings.

  • March 30, 2026

    DOL Rule Would Expand Alternatives In Retirement Plans

    The U.S. Department of Labor unveiled a proposal Monday to expand access to alternative investments, like private equity and digital assets, in retirement plans by establishing a safe harbor process for fiduciaries to follow when deciding where retirees' savings go.

  • March 27, 2026

    Lawyer Says Contract With Rivera Was For Venezuela's Oil Co.

    The $50 million consulting contract that former Florida Congressman David Rivera signed with the U.S. affiliate of Venezuela's state-owned oil company was ultimately funded and controlled by the Venezuelan parent company, the attorney who drafted the document said Friday at Rivera's trial on charges of failing to register as a foreign agent.

  • March 27, 2026

    SEC Shutters Case Against Bankrupt Fatburger Parent

    The U.S. Securities and Exchange Commission announced Friday that it is walking away from a case accusing restaurant franchisor FAT Brands of running an illegal $27 million personal loan scheme to fuel its former CEO's lavish lifestyle as the public company foundered.

  • March 27, 2026

    Ga. Justices Revive Uber Fight Over Pre-Wayfair Sales Tax

    A Georgia appellate court must reconsider its opinion that Uber 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 state's highest court said.

  • March 27, 2026

    $70M Easement Tax Break Sticks After IRS Concedes Lateness

    A partnership is entitled to all of its claimed $70 million tax deduction for donating a conservation easement in Louisiana, as the IRS stipulated to missing a notification deadline for disallowing the tax break, according to a decision entered Friday in the U.S. Tax Court.

  • March 27, 2026

    Atty Asks To Stay Out On Bond Amid $22M Tax Fraud Appeal

    A Missouri lawyer convicted of helping perpetrate a $22 million tax scheme is asking to stay out of prison while she appeals, telling a North Carolina federal court that she believes her appeal could be successful on grounds that her indictment was obtained unconstitutionally.

  • March 27, 2026

    NYC Sheds FDIC's Claim For Silicon Valley Bank Tax Refund

    A D.C. federal court said Friday it does not have the authority to order New York City to issue a tax refund sought by the Federal Deposit Insurance Corp. in its capacity as receiver of the failed Silicon Valley Bank.

Expert Analysis

  • How Attys Can Use AI To Surface Narratives In E-Discovery

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    E-discovery has reached a turning point where document review is no longer just about procedural tasks like identifying relevance and redacting privilege — rather, generative artificial intelligence tools now allow attorneys to draw connections, extract meaning and tell a coherent story, says Rose Jones at Hilgers Graben.

  • AbbVie Frees Taxpayers From M&A Capital Loss Limitations

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    The U.S. Tax Court’s June 17 opinion in AbbVie v. Commissioner, finding that a $1.6 billion break fee was an ordinary and necessary business expense, marks a pivotal rejection of the Internal Revenue Service’s position on the tax treatment of termination fees related to failed mergers or acquisitions, say attorneys at Holland & Knight.

  • Series

    Georgia Banking Brief: All The Notable Legal Updates In Q2

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    The second quarter brought a number of significant legislative and regulatory changes for Georgia banking, including an extension of the intangibles tax exemption for short-term notes, modernization of routine regulatory practices, and new guardrails against mortgage trigger leads, says Walter Jones at Balch & Bingham.

  • Series

    Playing The Violin Makes Me A Better Lawyer

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    Playing violin in a string quartet reminds me that flexibility, ambition, strong listening skills, thoughtful leadership and intentional collaboration are all keys to a successful legal practice, says Julie Park at MoFo.

  • Series

    Law School's Missed Lessons: Practicing Self-Care

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    Law schools don’t teach the mental, physical and emotional health maintenance tools necessary to deal with the profession's many demands, but practicing self-care is an important key to success that can help to improve focus, manage stress and reduce burnout, says Rachel Leonard​​​​​​​ at MG+M.

  • Nev. Steps Up Efforts To Attract Incorporations With New Law

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    Recent amendments to Nevada corporate law, which will narrow controlling stockholders’ liability, streamline mergers and allow companies to opt out of jury trials, show the interstate competition to attract new and reincorporating companies is still heating up, say attorneys at Simpson Thacher.

  • ABA Opinion Makes It A Bit Easier To Drop A 'Hot Potato'

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    The American Bar Association's recent ethics opinion clarifies when attorneys may terminate clients without good cause, though courts may still disqualify a lawyer who drops a client like a hot potato, so sending a closeout letter is always a best practice, say attorneys at Thompson Hine.

  • Federal Construction Considerations Amid Policy Overhaul

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    The rapid overhaul of federal procurement, heightened domestic sourcing rules and aggressive immigration enforcement are reshaping U.S. construction, but several pragmatic considerations can help federal contractors engaged in infrastructure and public construction avoid the legal, financial and operational fallout, say attorneys at Cozen O'Connor.

  • Can Companies Add Tariffs Back To Earnings Calculations?

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    With the recent and continually evolving tariffs announced by the Trump administration, John Ryan at King & Spalding takes a detailed look at whether those new tariffs can be added back in calculating earnings before interest, taxes, depreciation and amortization — an important question that may greatly affect a company's compliance with its financial covenants.

  • Series

    My Opera And Baseball Careers Make Me A Better Lawyer

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    Though participating in opera and the world of professional baseball often pulls me away from the office, my avocations improve my legal career by helping me perform under scrutiny, prioritize team success, and maintain joy and perspective at work, says Adam Unger at Herrick Feinstein.

  • A Look At DOJ's Dropped Case Against Early Crypto Operator

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    The prosecution of an early crypto exchange operator over alleged unlicensed money transmission was recently dropped in Indiana federal court, showcasing that the U.S. Justice Department may be limiting the types of enforcement cases it will bring against digital asset firms, say attorneys at Greenberg Traurig.

  • 8 Ways Lawyers Can Protect The Rule Of Law In Their Work

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    Whether they are concerned with judicial independence, regulatory predictability or client confidence, lawyers can take specific meaningful actions on their own when traditional structures are too slow or too compromised to respond, says Angeli Patel at the Berkeley Center of Law and Business.

  • Despite Dark Clouds, Outlook For US Solar Has Bright Spots

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    While tariff, tax policy and bankruptcy news seemingly portends unending challenges for the U.S. solar energy industry, signs of continued growth in solar generating capacity and domestic solar manufacturing suggest that there is a path forward, say attorneys at Beveridge & Diamond.

  • Series

    Law School's Missed Lessons: Communicating With Clients

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    Law school curricula often overlook client communication procedures, and those who actively teach this crucial facet of the practice can create exceptional client satisfaction and success, says Patrick Hanson at Wiggam Law.

  • Key Points From HMRC's Tax Reform Proposals

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    Although HM Revenue & Customs’ recent proposals for reform of U.K. transfer pricing and permanent establishment rules align with the latest international consensus, certain amendments may lead to future controversy, say lawyers at Skadden.

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