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Federal

  • August 05, 2025

    McGuireWoods Adds Loeb & Loeb Tax Pro In Los Angeles

    McGuireWoods LLP is enhancing its corporate team, announcing Tuesday it is bringing in a Loeb & Loeb LLP tax expert as a partner in its Los Angeles office in Century City.

  • August 05, 2025

    Simpson Thacher Adds Tax, Funds Pro From Dechert

    Simpson Thacher & Bartlett LLP announced Monday that it has continued its growth in the tax and registered funds spaces, welcoming a partner from Dechert LLP to its New York office.

  • August 05, 2025

    Swiss President Hustles To DC To Address 39% Tariff

    Swiss President Karin Keller-Sutter traveled Tuesday to Washington, D.C., for trade talks with the White House after Switzerland was hit with a 39% tariff on exports to the United States.

  • August 05, 2025

    IRS Floats Update To System For Fringe Benefits

    The Internal Revenue Service floated rules Tuesday that would change its system of business classification for employees hoping to exclude fringe benefits and employee discounts from their gross income at tax time.

  • August 05, 2025

    Fed. Circ. Won't Revive Tax Whistleblower's Reward Suit

    The government was not required to give a bigger whistleblower award to a former auditor who helped the Internal Revenue Service recover $180,000 in taxes, the Federal Circuit said Tuesday, affirming a ruling that a lower court lacked authority to hear her case.

  • August 05, 2025

    IRS Has Spent Nearly $5B Of Funding Boost In 2025

    The Internal Revenue Service has spent nearly $5 billion so far this fiscal year of the funding it received under the Inflation Reduction Act, including $2.1 billion for operations support, the Treasury Inspector General For Tax Administration said in a report released Tuesday.

  • August 04, 2025

    Tax Court Declares Grocery Chain's In-House Insurer Ineligible

    A grocery store chain's in-house insurance company did not operate as a normal insurer and therefore cannot deduct millions of dollars it received in insurance premiums, the U.S. Tax Court said Monday.

  • August 04, 2025

    NY Atty Found Guilty Of Duping Lender Who Backed Lien Biz

    A Manhattan federal jury on Monday convicted a former compliance lawyer of pilfering from a $20 million line of credit extended to his tax-lien business by a subsidiary of Emigrant Bank.

  • August 04, 2025

    Duane Morris Avoids Employee's Tax Withholding Claim

    A Duane Morris LLP employee cannot bring a claim that the firm failed to withhold taxes for employees who were misclassified as partners, a California federal court found, partially dismissing the proposed class action while giving her the option to amend her complaint.

  • August 04, 2025

    DOJ Defends IRS-ICE Data Sharing Pact In DC Circ.

    The D.C. Circuit should reject four immigrant advocacy groups' push to prevent the IRS from disclosing confidential tax return information to immigration enforcement authorities, the government said Monday, arguing there's no concrete evidence that the information sharing will harm the groups' members.

  • August 04, 2025

    Judge Demands DOJ Explain Drop Of $47M Fat Brands Suit

    A California federal court ordered the U.S. Department of Justice to explain why it wants to drop a criminal case against Fat Brands and its founder Andrew Wiederhorn after the government accused him of evading taxes in a scheme to disguise $47 million in compensation as loans.

  • August 04, 2025

    Tax AI Co. Blue J Raises $122M Series D To Expand

    Blue J, a generative artificial intelligence-powered research platform for tax and legal practitioners, announced Monday the raising of $122 million in a Series D funding round to expand its team, product development and marketing efforts.

  • August 01, 2025

    New Int'l Tax Rules Heighten Discrimination Worries In States

    The new federal tax law's broader tax base for international income could magnify foreign commerce discrimination concerns that are already present in states that conformed to prior iterations of the federal tax code.

  • August 01, 2025

    US Defends Bulk Denial Of Worker Credits At 9th Circ.

    An Arizona federal court was right to deny a request by tax services firms to stop the IRS from issuing batch denials of thousands of pandemic-era worker credit claims, the U.S. told the Ninth Circuit, defending the agency's system for handling problems administering the tax credit.

  • August 01, 2025

    Ga. Man Faces 170 Years In Prison For $3.4M Tax Fraud

    A Georgia man was convicted of filing fraudulent tax returns and claiming a $3.4 million tax refund from the Internal Revenue Service, crimes that could bring 170 years in prison, federal prosecutors said.

  • August 01, 2025

    Atty Seeks To End Malpractice Suit Over SEC Fraud Case

    A New York lawyer is seeking a quick win on malpractice claims brought in Florida federal court by a former client who says she improperly advised him to sign a consent decree with the U.S. Securities and Exchange Commission that resulted in a $12.1 million disgorgement judgment, arguing the client's subsequent guilty plea defeats the claims.

  • August 01, 2025

    IRS Adds To List Of Taxable Chemical Substances

    The Internal Revenue Service added 21 chemical substances Friday to its list of those subject to Superfund excise taxes assessed to importers.

  • August 01, 2025

    Ogletree Launches Employment Tax Practice Group

    Ogletree Deakins Nash Smoak & Stewart PC announced the launch of a dedicated practice group focused on handling employment tax matters in areas such as compliance, audits and transactions related to payroll obligations.

  • August 01, 2025

    Taxation With Representation: Skadden, Wachtell, Latham

    In this week's Taxation With Representation, Union Pacific Corp. and Norfolk Southern Corp. announce megamerger plans, Palo Alto Networks acquires identity security company CyberArk, Brookfield buys British life insurer Just Group, and Duke Energy sells its Piedmont Natural Gas Tennessee local distribution business to Spire Inc.

  • August 01, 2025

    Widow Can't Be Spared Husband's Tax Debt, 11th Circ. Affirms

    A widow is not entitled to innocent spouse relief from tax debt she shared with her husband because the underlying income belonged to her, the Eleventh Circuit said, affirming a U.S. Tax Court ruling and skirting an additional challenge to job protections for judges.

  • August 01, 2025

    Weekly Internal Revenue Bulletin

    The Internal Revenue Service's weekly bulletin, issued Friday, included lowering the fee to $56 from $67 for taxpayers who request a letter confirming that the IRS has received and finished examining an estate tax return.

  • July 31, 2025

    White House Unveils New Tariffs On Dozens Of Countries

    President Donald Trump on Thursday announced a slew of new tariffs on nearly 70 countries that range from roughly 10% to 40%, unveiling the tariffs a day before his pause on worldwide "reciprocal" tariffs was set to expire Friday.

  • July 31, 2025

    Tax Court OKs IRS Penalties On Captive Insurance Deductions

    A Florida business must pay penalties for underreporting six years of income, the U.S. Tax Court ruled Thursday, finding it couldn't take deductions for payments to a microcaptive insurance arrangement that didn't actually qualify as insurance.

  • July 31, 2025

    Fed. Circ. Judges Cast Doubts On Trump Tariff Powers

    Several Federal Circuit judges raised concerns about whether President Donald Trump's tariffs imposed under the International Emergency Economic Powers Act override constitutional and congressional authority during oral arguments Thursday in their questions to better understand the extent of the appeals court's review.

  • July 31, 2025

    Judge Nixes IRS' Renewed Bid To Dismiss Tax Refund Suit

    A North Carolina federal judge denied the Internal Revenue Service's renewed attempt to dismiss a tax refund suit for lack of jurisdiction, saying the repeated motions to drop the case would prevent the district court from proceeding to the discovery phase in the litigation.

Expert Analysis

  • Notable Q4 Updates In Insurance Class Actions

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    In a continuation of trends in property and casualty insurance class actions, last quarter insurers struggled with defending the merits and class certification of sales tax and fee suits, and labor depreciation cases, but succeeded in dismissing privacy class actions at the pleading stages, says Mathew Drocton at BakerHostetler.

  • Attorneys Must Act Now To Protect Judicial Independence

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    Given the Trump administration's recent moves threatening the independence of the judiciary, including efforts to impeach judges who ruled against executive actions, lawyers must protect the rule of law and resist attempts to dilute the judicial branch’s authority, says attorney Bhavleen Sabharwal.

  • Rethinking 'No Comment' For Clients Facing Public Crises

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    “No comment” is no longer a cost-free or even a viable public communications strategy for companies in crisis, and counsel must tailor their guidance based on a variety of competing factors to help clients emerge successfully, says Robert Bowers at Moore & Van Allen.

  • How Design Thinking Can Help Lawyers Find Purpose In Work

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    Lawyers everywhere are feeling overwhelmed amid mass government layoffs, increasing political instability and a justice system stretched to its limits — but a design-thinking framework can help attorneys navigate this uncertainty and find meaning in their work, say law professors at the University of Michigan.

  • Justices' Certiorari Denial Leaves Interstate Tax Questions

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    Since the U.S. Supreme Court recently declined to review a Philadelphia resident’s claim that her Delaware state income taxes should be credited against her city wage tax liabilities, constitutional questions about state and local tax distinctions linger, and some states may continue to apply Supreme Court precedent differently, say attorneys at Dentons.

  • Corp. Transparency Act's Future Under Treasury's Bessent

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    The Corporate Transparency Act’s ultimate fate faced uncertain terms at the end of 2024, but new U.S. Department of the Treasury Secretary Scott Bessent's statements and actions so far demonstrate that he does not intend to ignore the law, though he may attempt to make modifications, say attorneys at Taylor English.

  • A Look At A Possible Corporate Transparency Act Exemption

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    Attorneys at Kirkland offer a deep dive into the application of the Corporate Transparency Act's reporting requirements specifically to U.S.-domiciled co-issuers in typical collateralized loan obligation transactions, and consider whether such issuers may be able to assert an exemption from the CTA's reporting requirements.

  • Inconsistent Injury-In-Fact Rules Hinder Federal Practice

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    A recent Third Circuit decision, contradicting a previous ruling about whether consumers of contaminated products have suffered an injury in fact, illustrates the deep confusion this U.S. Supreme Court standard creates among federal judges and practitioners, who deserve a simpler method of determining which cases have federal standing, says Eric Dwoskin at Dwoskin Wasdin.

  • In-House Counsel Pointers For Preserving Atty-Client Privilege

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    Several recent rulings illustrate the challenges in-house counsel can face when attempting to preserve attorney-client privilege, but a few best practices can help safeguard communications and effectively assert the privilege in an increasingly scrutinized corporate environment, says Daniel Garrie at Law & Forensics.

  • Emerging Energy Trends Reflect Shifting Political Landscape

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    As the Trump administration settles in, some emerging energy industry trends, like expanded support for fossil fuel production, are right off of its wish list — while others, like the popularity of Inflation Reduction Act energy tax credits, and bipartisan support for carbon capture, reflect more complex political realities, say attorneys at Greenberg Traurig.

  • Tax-Free Ways To Help Employees After The LA Wildfires

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    Following the recent wildfires in Los Angeles, there are various tax-free ways to give employees the resources and flexibility they need, including simpler methods like disaster relief payments under Internal Revenue Code Section 139 and leave-sharing programs, and others that require more planning, says Ligeia Donis at Baker McKenzie.

  • Judge Should Not Have Been Reprimanded For Alito Essay

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    Senior U.S. District Judge Michael Ponsor's New York Times essay critiquing Supreme Court Justice Samuel Alito for potential ethical violations absolutely cannot be construed as conduct prejudicial to the administration of the business of the courts, says Ashley London at the Thomas R. Kline School of Law of Duquesne University.

  • Lights, Camera, Ethics? TV Lawyers Tend To Set Bad Example

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    Though fictional movies and television shows portraying lawyers are fun to watch, Hollywood’s inaccurate depictions of legal ethics can desensitize attorneys to ethics violations and lead real-life clients to believe that good lawyers take a scorched-earth approach, says Nancy Rapoport at the University of Nevada, Las Vegas.

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