Tax

  • March 04, 2026

    Real Estate Owner Seeks Probation For $5M Tax Evasion

    A commercial real estate owner found guilty of hiding nearly $5 million in income from the Internal Revenue Service asked a Washington federal court for a sentence of home confinement, saying he has changed his family business to eliminate the chances he will file false or late returns.

  • March 04, 2026

    11th Circ. Shouldn't Apply 3M Ruling To Coke, Gov't Says

    The Eleventh Circuit should not apply the reasoning used by the Eighth Circuit in its October ruling for 3M Co. to allow Coca-Cola to indefinitely defer taxes it owes under IRS transfer pricing regulations, the U.S. government said Wednesday.

  • March 04, 2026

    US To Hike Global Tariffs To 15% This Week, Bessent Says

    The U.S. will "likely" raise the rate of its global tariff regime to 15% this week, Treasury Secretary Scott Bessent said Wednesday, all but ensuring that the country's total tariff rates will exceed agreed-upon limits in many key trade deals.

  • March 04, 2026

    Texas Couple Owes $1.8M From Nix Of Farming Deduction

    A Texas couple that had claimed three years of farming losses owes deficiencies of just over $1.8 million for 2015-18, the U.S. Tax Court said in an order and decision upholding IRS computations in the case.

  • March 04, 2026

    Tax Court Urged To Restore $20M Easement Deduction

    A partnership belonging to two conservationists challenged the Internal Revenue Service's rejection of its $20 million tax deduction for donating a protective easement in South Carolina, telling the U.S. Tax Court that land values around the property had risen substantially.

  • March 04, 2026

    Ga. Property Tax Overhaul Fails To Gain House Super Majority

    A proposed Georgia constitutional amendment for placement on the November ballot that would have reduced property tax rates over time failed to get the 120 votes necessary to pass the state House of Representatives. 

  • March 03, 2026

    7th Circ. Expedites Bank Appeal Of Ill. Swipe-Fee Law

    The Seventh Circuit granted banking and credit union trade groups' bid to fast-track their appeal over the Illinois Interchange Fee Prohibition Act after they asked to schedule the case for a decision before the law banning swipe fees on tax and tip payments takes effect July 1.

  • March 03, 2026

    Wash. Panel Reverses $11M Tax Award To Insurance Co.

    A Washington state appeals panel handed a win to Washington's Department of Revenue on Tuesday, reversing a lower court's order that the department owed a $10.9 million tax refund to a title insurance and settlement services company.

  • March 03, 2026

    DC Circ. Urged To Aid Discovery In ICE-IRS Data-Sharing Case

    A taxpayer group challenging the legality of a deal allowing the Internal Revenue Service to share taxpayer location information with immigration authorities asked the D.C. Circuit to remand part of the case to investigate the IRS' admission that it improperly shared addresses under the agreement.

  • March 03, 2026

    UK Tribunal Blocks Firm From Reviving Wage Subsidy Claim

    A flooring company cannot challenge a lower court's ruling that HM Revenue & Customs correctly used a lower salary figure than provided to determine payments under a wage subsidy scheme during the COVID-19 pandemic, the Upper Tribunal said in a decision released Tuesday.

  • March 03, 2026

    Gov't Goes After $19M In Biofuel Tax Credit Fraud Case

    A businessman who owes more than $19 million to a company subject to forfeiture over its involvement in a $511 million biofuel tax credit fraud must hand over the money to the federal government now that a catfishing scheme targeting him is resolved, the government told a Utah federal court.

  • March 03, 2026

    Judge Says Okla. Court Can't Confirm Tribe's Reservation

    An Oklahoma federal judge has denied a bid by the Osage Nation for an order that would vacate a decades-old Tenth Circuit decision that determined its reservation boundaries had been disestablished, saying the district court is no longer active in the case and must continue to rely on precedent.

  • March 03, 2026

    Tenn. Lawmakers OK Expanding Assessment Division's Duties

    Tennessee would expand the duties of the state comptroller's office's division of property assessments under a bill approved by state lawmakers and headed to the governor.

  • March 03, 2026

    Feds Lose Fight To End NY Congestion Pricing

    A Manhattan federal judge ruled Tuesday that the U.S. Department of Transportation acted unlawfully when it purportedly terminated a federal agreement that gave New York's congestion pricing the green light, handing the state a decisive victory against the Trump administration's efforts to eliminate the program.

  • March 02, 2026

    4 Things That Likely Sealed Fate Of SCOTUSblog Founder

    When 12 "guilty" verdicts were read aloud by the jury in SCOTUSblog founder Thomas Goldstein's tax evasion and mortgage fraud trial last week, it was the culmination of a 16-day trial that took jurors deep into Goldstein's ultra high-stakes poker playing, his lavish lifestyle and his former law firm's accounting. Here, Law360 looks at four key pieces of evidence that likely moved jurors to their decision.

  • March 02, 2026

    Fed. Circ. Quickly Releases Mandate In Trump Tariff Case

    Businesses and states that successfully challenged President Donald Trump's global tariff regime can proceed with their efforts to seek refunds, as the Federal Circuit expedited the release of its mandate in the case to the U.S. Court of International Trade on Monday.

  • March 02, 2026

    7th Circ. Urged To Nix Wisconsin Homeowners' Tax Appeal

    A Wisconsin school district is asking the Seventh Circuit to reject an appeal by a group of homeowners that claims the Menominee Indian Tribe joined forces with it and other municipalities to increase their tax burden, arguing that the property owners' claims are not redressable in the federal court.

  • March 02, 2026

    FedEx Customers Seek Refunds For Passed-On Tariff Costs

    A proposed class action in Florida federal court looks to make sure FedEx refunds customers for the costs of tariffs the shipping giant passed on to them as the company looks to recoup its payments made under President Donald Trump's illegal tariff regime.

  • March 02, 2026

    Minn. Tax Court Erred In Valuing Hotel, Minn. Justices Told

    The Minnesota Tax Court improperly lowered the value of a Minneapolis hotel and convention center and should not have disregarded the minimum assessment agreement that existed between the county and the property owner, the county told the Minnesota Supreme Court.

  • March 02, 2026

    Mass. Board Raises, Lowers Boston Building Tax Values

    A Massachusetts board trimmed the valuation of a Boston office building for one tax year while boosting it for two others in a decision released Monday, rejecting larger changes sought by the parties.

  • March 02, 2026

    Guernsey Weighs Wider Access To Beneficial Ownership Info

    Guernsey is considering allowing people who can demonstrate a "legitimate interest," such as journalists, nongovernmental organizations and due diligence service providers, to access beneficial ownership information about companies in its jurisdiction, according to the government.

  • March 02, 2026

    Spanish Official To Lead OECD Tax Transparency Forum

    A Spanish tax official has been appointed to lead the secretariat of the Global Forum on Transparency and Exchange of Information for Tax Purposes, the Organization for Economic Cooperation and Development said.

  • March 02, 2026

    Justices Decline To Hear Challenge To NJ Royalty Tax System

    The U.S. Supreme Court declined on Monday to hear a tobacco company's claims that New Jersey's method of taxing royalty income discriminates against interstate commerce by basing a deduction on the amount of business activity a royalty recipient conducts inside the state.

  • February 28, 2026

    2nd Circuit Says IRS Can Apply Foreign Biz Reporting Penalty

    The Internal Revenue Service may use administrative assessment to collect penalties from a taxpayer for failing to report control of a foreign business from 2005 to 2009, the Second Circuit held Friday, vacating a U.S. Tax Court ruling.

  • February 27, 2026

    Goldstein Testimony 'Solidified' Case, Juror Says

    One of the 12 jurors who convicted SCOTUSblog founder Thomas Goldstein on a slew of tax and mortgage charges on Feb. 25 told Law360 that the key moment in the 16-day trial was when the famed U.S. Supreme Court lawyer took the stand, with the juror calling the testimony "a performance."

Expert Analysis

  • The Metamorphosis Of The Major Questions Doctrine

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    The so-called major questions doctrine arose as a counterweight to Chevron deference over the past few decades, but invocations of the doctrine have persisted in the year since Chevron was overturned, suggesting it still has a role to play in reining in agency overreach, say attorneys at Crowell & Moring.

  • Series

    Playing Mah-Jongg Makes Me A Better Mediator

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    Mah-jongg rewards patience, pattern recognition, adaptability and keen observation, all skills that are invaluable to my role as a mediator, and to all mediating parties, says Marina Corodemus.

  • Series

    Law School's Missed Lessons: Navigating Client Trauma

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    Law schools don't train students to handle repeated exposure to clients' traumatic experiences, but for litigators practicing in areas like civil rights and personal injury, success depends on the ability to view cases clinically and to recognize when you may need to seek help, says Katie Bennett at Robins Kaplan.

  • Opinion

    4 Former Justices Would Likely Frown On Litigation Funding

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    As courts increasingly confront cases involving hidden litigation finance contracts, the jurisprudence of four former U.S. Supreme Court justices establishes a constitutional framework that risks erosion by undisclosed financial interests, says Roland Eisenhuth at the American Property Casualty Insurance Association.

  • Practical Implications Of SEC's New Crypto Staking Guidance

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    The U.S. Securities and Exchange Commission's recent staff guidance that protocol staking does not constitute securities offerings provides a workable compliance blueprint for crypto developers, validators and custodial platforms willing to keep staking strictly limited to protocol-driven rewards, say attorneys at Cahill.

  • 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.

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