Featured Stories

Clean-Energy Projects Face Scrutiny After Tax Credit Rush

Clean-energy developers' rush to start project construction in order to remain eligible for expiring tax credits h... (more story)

Atty Hopes AI Tool Can Make Tax Court More Accessible

An attorney has developed an artificial intelligence-powered tool that aims to give practitioners a new window int... (more story)

States' Divergence On Federal Conformity Sows Uncertainty

A broad array of states declined this year to adhere to revenue-losing provisions in the 2025 federal tax law, lea... (more story)

Federal More

4 Firms Steer Grant Thornton's $5B Agreement To Buy CBIZ

New Mountain Capital-backed Grant Thornton Advisors said Wednesday it has agreed to acquire CBIZ Inc. in a deal worth $5 billion, including debt, that would create a top-five U.S. provider of professional, tax... (more story)

Watchdog Org. Asks Court For Trump-IRS Deal Docs

A watchdog organization asked a D.C. federal court to order the government to disclose communications relating to the settlement between President Donald Trump and the Internal Revenue Service over leaks of hi... (more story)

Texas Workers Seek To Void IRS Wage Withholding Regs

The Internal Revenue Service's income tax withholding regulations resulted in employers overdeducting taxes from their employees' paychecks, two workers told a Texas federal court, arguing the agency's rulemak... (more story)

Tax Court Ruling Doesn't Help Liberty Global, 10th Circ. Told

A recent U.S. Tax Court decision that tossed IRS regulations doesn't help Liberty Global's bid for a $2.4 billion deduction under the same statute, the federal government told the Tenth Circuit, arguing that t... (more story)

Crypto Hedge Fund Manager Gets 3 Years For Tax Evasion

A crypto hedge fund manager who renounced his U.S. citizenship and moved to the Cayman Islands was sentenced to over three years in prison for tax evasion, the U.S. Attorney's Office for the Western District o... (more story)

Claims Court OKs $49.4M In Cash Grants For Calif. Wind Farm

A California wind farm, the nation's second largest, is entitled to an additional $49.4 million in renewable energy cash grants, a U.S. Court of Federal Claims judge announced Monday, approving the parties' re... (more story)

Wis. Land Could Support 300 Oil Wells, Tax Court Told

Four limited liability companies defended total deductions of $245 million for conservation easements on land in two Wisconsin counties they donated in 2021, telling the U.S. Tax Court the properties had the p... (more story)

State & Local More

States' Patchwork Digital Taxes Spur MTC Guide Plan

States are trying so many ways to tax digital media and online products that the Multistate Tax Commission will plan to create a briefing book explaining what the taxes are, how states have implemented them an... (more story)

MTC Group Nears Model Act On State Partnership Taxes

The Multistate Tax Commission group working on uniform rules for the state taxation of partnerships said Tuesday that it is preparing a combined draft model act that focuses on investment partnerships, guarant... (more story)

Wash. AG's Income Tax Repeal Ballot Language Challenged

Political action committee Let's Go Washington on Monday launched a legal challenge to the Evergreen State attorney general's wording of a November ballot measure that would repeal a recently passed 9.9% tax o... (more story)

Judges On AI: Examining Administrative, Organizational Uses

U.S. District Judge Alan Albright of the Western District of Texas examines how artificial intelligence could transform a court's ability to deal with administrative work and organize materials when preparing ... (more story)

Ala. Court Upholds Denial Of Film Production Tax Breaks

The denial of Alabama tax incentives claimed by a film production was not subject to judicial review under the state's law on administrative procedures, a state appeals court said Friday, affirming the actions... (more story)

Forced Labor Tariffs Are Another Illegal Global Regime, Cos. Say

President Donald Trump's latest tariff covering most imports to the U.S. is yet another instance of the president attempting to establish an illegal global tariff regime, a pair of companies told the U.S. Cour... (more story)

Taxation With Representation: Kleinberg Kaplan, Baker Botts

In this week's Taxation With Representation, Brookfield Asset Management acquires Aypa Power from funds managed by Blackstone Energy Transition Partners, Brookfield and Canada Pension Plan Investment Board buy... (more story)

International More

Burnham Not Ruling Out Tax Hikes For Social Care Plan

U.K. Prime Minister Andy Burnham declined Wednesday to rule out tax hikes to recoup the costs of a new national care service to address problems related to social care in Britain.

Trade Unions Urge Burnham Toward Higher Taxes On Banks

U.K. Prime Minister Andy Burnham should back higher taxes on banks following Barclays Group's financial results, a group of trade unions urged Tuesday.

UK Court Cuts Penalties, Upholds Bans Over Pensions Advice

A U.K. appeals court upheld the Financial Conduct Authority's decision to ban a company director and pensions adviser from the financial services sector but reduced the watchdog's penalty assessment, holding M... (more story)

Tax Evasion Charges Brought In Wrong Court, DC Judge Says

A Washington, D.C., federal judge dismissed charges accusing a man of tax evasion in years he worked overseas, agreeing with him that D.C. court wasn't the proper venue because an essential element of the alle... (more story)

Semiconductor Co. Says IRS Wrongly Nixed $61M Deduction

A Silicon Valley company specializing in semiconductor process control told the U.S. Tax Court that the Internal Revenue Service wrongly denied it a deduction of at least $60.9 million for dividends received f... (more story)

Trump's Latest Canada Tariffs Could Be More Than Bluster

President Donald Trump's proposed 50% tariffs on select Canadian imports could be a negotiation tactic, but given the ongoing tension between the U.S. and Canada, trade lawyers are bracing for the possibility ... (more story)

World Cup National Bodies Get IRS Filing Requirement Waived

The Internal Revenue Service will waive a filing requirement for tax-exempt national soccer associations that participated in this year's FIFA World Cup if they lack income connected to the U.S. other than pri... (more story)