Federal

  • March 20, 2026

    Taxation With Representation: Clifford Chance, Davis Polk

    In this Week's Taxation With Representation, Public Storage acquires National Storage Affiliates Trust, 3M teams up with Bain Capital to buy Madison Fire & Rescue, and Mastercard acquires stablecoin infrastructure firm BVNK.

  • March 20, 2026

    Paris Firm Adds Longtime Transfer Pricing Expert

    De Gaulle Fleurance, a Paris firm specializing in business law, has boosted its international tax department with the addition of a longtime expert in transfer pricing.

  • March 20, 2026

    Weekly Internal Revenue Bulletin

    The Internal Revenue Service's weekly bulletin, released Friday, included the proposed revocation of partnership basis-shifting regulations that were meant to curb income tax abuse but have been criticized as burdening businesses.

  • March 19, 2026

    IRS Seeks To Save Increased Penalties In $43M Easement Row

    The owner of a Kentucky historic property should be subject to additional penalties for improperly deducting $1.6 million in expenses associated with a $43 million tax break claim for a preservation easement that the IRS rejected for accuracy reasons, the agency told the U.S. Tax Court.

  • March 19, 2026

    Meta Says IRS Defying Settled Facts In $16B Tax Fight

    The IRS is refusing to agree to the truth of parts of the trial transcript and the U.S. Tax Court's opinion last year in a Facebook transfer pricing case as the social media platform's parent, Meta, disputes a $16 billion tax bill in a related case, the company told the court.

  • March 19, 2026

    Partnership Can't Assert Due Process Right, Tax Court Rules

    A partnership cannot assert Fifth Amendment due process claims on behalf of its individual members to challenge the Internal Revenue Service's centralized audit regime under the Bipartisan Budget Act, the U.S. Tax Court ruled Thursday.

  • March 19, 2026

    IRS Broadens Exception For Unmarked Vehicles

    Unmarked vehicles used by firefighters, members of a rescue squad or ambulance crew would be considered a new type of qualified nonpersonal-use vehicle that is exempted from substantiation requirements under regulations finalized by the Internal Revenue Service on Thursday.

  • March 18, 2026

    Temu Users Join Customer Push For IEEPA Tariff Refunds

    Online marketplace Temu must refund customers for passed-on costs related to the Trump administration's now-invalidated International Emergency Economic Powers Act tariffs, a consumer leading a proposed nationwide class action told an Illinois state court.

  • March 18, 2026

    Pa. Jury Convicts Military Contractor Of $1M Fraud Scheme

    A Pennsylvania federal jury on Tuesday found a military contractor guilty of 13 counts of defrauding the Defense Logistics Agency of more than $1 million and failing to file corporate tax returns.

  • March 18, 2026

    Judge Finalizes $3.3M Tax Bill Order For 'Survivor' Winner

    A Rhode Island federal court entered a final $3.3 million tax judgment against the first "Survivor" winner, clearing the way for the federal government to start debt collection proceedings to recoup funds tied to the former contestant's tax avoidance on his prize money.

  • March 18, 2026

    The Tax Angle: Enhanced ACA Credits, Energy Apprentices

    From a look at stalled congressional talks to renew the enhanced Affordable Care Act premium tax credits to efforts by lawmakers and lobbyists to clarify rules on how renewable energy developers document the use of apprentices in order to claim tax deductions for their projects, here's a peek into a reporter's notebook on a few developing tax stories.

  • March 18, 2026

    Malawi Can Resume Discovery On Gem Co. In Tax Dispute

    Malawi can resume discovery on a gem mining company it has accused of dodging billions of dollars in taxes, as a Washington federal court said Wednesday that the country had identified errors in the court's previous order to halt the process.

  • March 18, 2026

    Doctor Gets 6½ Years For Healthcare Fraud, Tax Evasion

    An Anchorage, Alaska, physician was sentenced to six and a half years in prison for committing over $16 million in healthcare fraud and tax evasion as part of a scheme that injected sick patients with the wrong medications or dosages, the federal government said Wednesday. 

  • March 18, 2026

    Cos. Can Undo Exception To Limit On Biz Interest Deduction

    Guidance from the Internal Revenue Service issued Wednesday described how companies can reverse the decision to elect out of the limitation on business interest deductions under Internal Revenue Code Section 163(j).

  • March 18, 2026

    France Wants Digital Tax On US Firms In EU Budget

    France wants the European Union to create a digital services tax targeting U.S. firms to help fund the bloc's next budget, a French official said during an EU meeting.

  • March 18, 2026

    IRS Extends Temporary Relief For Digital Asset Reporting

    Taxpayers will be able to use certain alternative methods to adequately identify the units of a digital asset held by brokers for 2026, the IRS said Wednesday.

  • March 18, 2026

    IRS Summons For Man's Coinbase Info Cleared To Go Ahead

    A man who alleged that the IRS violated his privacy rights in its summons of personal financial documents from Coinbase failed to properly serve the U.S. in his attempt to block the summons, a California federal judge said Wednesday, dismissing the case.

  • March 18, 2026

    House Dems' Bill Would Revive Clean Energy Tax Credits

    The clean energy tax credits implemented under the Inflation Reduction Act would be restored under a clean energy blueprint released by House Democrats on Wednesday, just months ahead of the 2026 midterm elections.

  • March 18, 2026

    NYU Tax Center Backs IRS In 2nd Circ. Limited Partner Fight

    An investment company's bid to restore a self-employment tax exemption for its limited partners improperly relies on state law to define their federal tax status, New York University's Tax Law Center told the Second Circuit in an amicus brief supporting the IRS.

  • March 18, 2026

    Tax Prep Firm Can't Challenge Bulk Denial Of Tax Credits

    Two tax preparation companies don't have enough interest in their clients' refunds to stop the IRS from issuing batch denials of thousands of pandemic-era worker credit claims, the Ninth Circuit found, affirming an Arizona district court's ruling.

  • March 17, 2026

    4th Circ. Skeptical Of IRS Stance In Spousal Relief Case

    A Fourth Circuit panel expressed skepticism Tuesday over the IRS' pursuit of a decades-old debt from a Maryland woman whose late husband's fraudulent activities triggered the liability, with one judge calling the government's interpretation of an eligible liability for spousal relief "really tricky."

  • March 17, 2026

    $20M FBAR Judgment Didn't Need Jury Trial, Judge Says

    A Florida federal court should reject a U.S.-German citizen's effort to escape a nearly $20 million tax judgment for failing to report foreign bank account information, a magistrate judge suggested, rejecting the man's argument that he was wrongly deprived of a jury trial.

  • March 17, 2026

    House Panel Advances Bill Aimed At Curbing ERISA Litigation

    A GOP-led panel in the U.S. House of Representatives on Tuesday advanced legislation that would raise the pleading standards for proposed class action federal benefits lawsuits and delay the start of discovery in those disputes, with Democrats on the committee voting to oppose the legislation. 

  • March 17, 2026

    IRS Updates Corp. Bond Monthly Yield Curve For March

    The IRS updated the corporate bond monthly yield curve used in calculations for defined benefit plans for March on Tuesday, as well as corresponding segment rates and the interest rate for 30-year U.S. Treasury Department securities.

  • March 17, 2026

    US Minimum Tax Deal Has Clear Drawbacks, UK Official Says

    There are clear drawbacks to U.S. companies escaping the global minimum tax's international reach as the result of an agreement reached under pressure from the U.S. government, panelists said Tuesday.

Expert Analysis

  • Lessons From 7th Circ.'s Deleted Chat Sanctions Ruling

    Author Photo

    The Seventh Circuit’s recent decision in Pable v. Chicago Transit Authority, affirming the dismissal of an ex-employee’s retaliation claims, highlights the importance of properly handling the preservation of ephemeral messages and clarifies key sanctions issues, says Philip Favro at Favro Law.

  • What 2 Profs Noticed As Transactional Law Students Used AI

    Author Photo

    After a semester using generative artificial intelligence tools with students in an entrepreneurship law clinic, we came away with numerous observations about the opportunities and challenges such tools present to new transactional lawyers, say professors at Cornell Law School.

  • BigLaw Settlements Should Not Spur Ethics Deregulation

    Author Photo

    A recent Law360 op-ed argued that loosening law firm funding restrictions would make BigLaw firms less inclined to settle with the Trump administration, but deregulating legal financing ethics may well prove to be not merely ineffective, but counterproductive, says Laurel Kilgour at the American Economic Liberties Project.

  • 5 Ways Lawyers Can Earn Back The Public's Trust

    Author Photo

    Amid salacious headlines about lawyers behaving badly and recent polls showing the public’s increasingly unfavorable view of attorneys, we must make meaningful changes to our culture to rebuild trust in the legal system, says Carl Taylor at Carl Taylor Law.

  • Legal Jeopardy Looms Over Trump's Trade Negotiation Plans

    Author Photo

    Even as the Trump administration announces one trade deal after another, the legal authority of the executive branch to impose tariffs under consensual arrangements with leading trading partners is just as debatable as the unilateral imposition of U.S. tariffs under the president's executive orders, says Jeffrey Bialos at Eversheds Sutherland.

  • Opportunity Zone Overhaul Is Good News For Investors

    Author Photo

    Recently enacted reforms making the qualified opportunity zone program permanent, restoring the basis step-up for capital gains and adding flexibility to the zone designation process enhance the program’s appeal for long-term investment, says Steven Hadjilogiou at McDermott.

  • White House Report Strikes An Optimistic Note On Crypto

    Author Photo

    Taking seriously President Donald Trump's pledge to adopt a pro-innovation mindset toward digital assets and blockchain technologies, a recent benchmark White House report on crypto provides a comprehensive regulatory framework that takes into account the products' novel characteristics within the high-tech ecosystem, say attorneys at Davis Wright.

  • Bipartisan Bill Could Aid ESOP Formation, Valuation Clarity

    Author Photo

    The proposed Retire through Ownership Act represents a meaningful first step toward clarifying whether transactions qualify under the adequate consideration exemption in the Employee Retirement Income Security Act, potentially eliminating the litigation risk that has chilled employee stock ownership plan formation, say attorneys at Moore & Van Allen.

  • Bar Exam Reform Must Expand Beyond A Single Updated Test

    Author Photo

    Recently released information about the National Conference of Bar Examiners’ new NextGen Uniform Bar Exam highlights why a single test is not ideal for measuring newly licensed lawyers’ competency, demonstrating the need for collaborative development, implementation and reform processes, says Gregory Bordelon at Suffolk University.

  • A Simple Way Courts Can Help Attys Avoid AI Hallucinations

    Author Photo

    As attorneys increasingly rely on generative artificial intelligence for legal research, courts should consider expanding online quality control programs to flag potential hallucinations — permitting counsel to correct mistakes and sparing judges the burden of imposing sanctions, say attorneys at Lankler Siffert & Wohl and Connors.

  • Supreme Court's Criminal Law Decisions: The Term In Review

    Author Photo

    Though the U.S. Supreme Court’s criminal law decisions in its recently concluded term proved underwhelming by many measures, their opinions revealed trends in how the justices approach criminal cases and offered reminders for practitioners, says Kenneth Notter at MoloLamken.

  • Budget Act's Deduction Limit Penalizes Losing Gamblers

    Author Photo

    A provision in the One Big Beautiful Bill Act that reduces the deduction for gambling losses is unfair to professional and recreational players, risks driving online activity to offshore sites, and will set back efforts to legalize and regulate the industry, says Walter Bourdaghs at Kang Haggerty.

  • The Legal Education Status Quo Is No Longer Tenable

    Author Photo

    As underscored by the fallout from California’s February bar exam, legal education and licensure are tethered to outdated systems, and the industry must implement several key reforms to remain relevant and responsive to 21st century legal needs, says Matthew Nehmer at The Colleges of Law.

Can't find the article you're looking for? Click here to search the Tax Authority Federal archive.