-
May 01, 2026
A plastics company is appealing a Texas district court's decision to partially vacate IRS regulations that listed captive insurance as potentially abusive tax avoidance schemes and will ask the Fifth Circuit to strike down the entire set of regulations, according to a notice.
-
May 01, 2026
Income earned by citizens of Native American tribes as payment for services related to fishing rights activities qualifies as compensation for purposes of limits on qualified retirement plan benefits and contributions, the Internal Revenue Service said Friday.
-
May 01, 2026
A Florida federal jury on Friday found former Florida congressman David Rivera guilty of failing to register as a foreign agent after signing a $50 million contract with a unit of Venezuela's state-owned oil company.
-
April 30, 2026
A closely watched separation-of-powers test is playing out in Massachusetts, where the Bay State auditor will argue to the state's top court in a hearing next week that the attorney general is stonewalling her from conducting a voter-approved audit of the state legislature.
-
April 30, 2026
Additional restrictions on third parties filing complaints about property valuation in Ohio violate the state's constitution, an Ohio appellate panel found.
-
April 30, 2026
A Sixth Circuit judge expressed confusion Thursday at the IRS' defense of a $24 million air transportation excise tax on monthly management fees paid to a private aviation company after a government attorney conceded that initial ownership payments should also have been taxed.
-
April 30, 2026
The U.S. will grant imported whiskey from the United Kingdom preferential tariff treatment following the visit to the U.S. by King Charles and Queen Camilla, President Donald Trump said on social media Thursday.
-
April 30, 2026
President Donald Trump signed an executive order Thursday aimed at expanding workers' access to a low-cost retirement plan via a new government website, touting a $1,000 federal contribution match available under authority that Congress provided in a 2022 retirement law, the Secure 2.0 Act.
-
April 30, 2026
A Pennsylvania university that was charged by a borough for stormwater management services doesn't owe the amount assessed because the charges constitute a tax that the university is exempt from paying, the state's Supreme Court affirmed Thursday.
-
April 30, 2026
A mortgage lender still suffered from suspensions to its business during COVID-19 even if it saw an overall increase in revenue, it told a California federal court, pushing back on the U.S. government's attempt to block it from claiming a $5 million employee retention tax credit.
-
April 30, 2026
Global export restrictions on critical raw materials that are key for digital and renewable energy technologies increased fivefold between 2009 and 2024, which could lead to greater risks of supply chain vulnerabilities, the Organization for Economic Cooperation and Development said.
-
April 30, 2026
Gabon was rated as noncompliant with tax transparency standards, while Guinea, Montserrat and Niue have room to improve on their legal frameworks, according to peer reviews published by the OECD.
-
April 30, 2026
Meta Platforms Inc. booked a more than $8 billion tax benefit from U.S. Treasury Department guidance on the corporate alternative minimum tax that allowed taxpayers to reduce the tax's base, the company said.
-
April 30, 2026
The Fifth Circuit upheld the dismissal of a man's claims that an India-based information technology and professional services firm violated the False Claims Act via fraudulent visa applications and improper tax withholding, finding no specific payment obligations under the FCA itself.
-
April 30, 2026
Sen. Ron Wyden, D-Ore., said Thursday that he has asked the IRS to investigate whether two attorneys "inaccurately advised" wealthy individuals that they could avoid taxes on capital gains accrued in the U.S. before becoming residents of Puerto Rico.
-
April 30, 2026
A Miami federal court appointed six attorneys from three firms to help it determine whether it has jurisdiction in President Donald Trump's suit accusing the IRS of failing to prevent a former contractor from leaking his tax returns to news outlets.
-
April 29, 2026
The government did not prove that political consultant Esther Nuhfer was operating in bad faith when she worked with former Florida congressman David Rivera under a $50 million contract with a unit of Venezuela's state-owned oil company, Nuhfer's attorney said Wednesday in his final pitch to jurors.
-
April 29, 2026
A Fifth Circuit panel seemed dubious of a law firm's argument that a federal court lacked jurisdiction over a claim that it shuffled assets to avoid paying an arbitration award that totaled $70 million, saying Wednesday that the firm's argument was "a stretch."
-
April 29, 2026
A Fort Worth manufacturer already received employee retention tax credits for the first three quarters of 2021, rendering moot its challenge to claw back a refund amount, the IRS told a Texas federal court.
-
April 29, 2026
Customs and Border Protection expects the first refunds for tariffs paid under the global regime struck down by the U.S. Supreme Court to be issued May 11, according to an order published at the U.S. Court of International Trade.
-
April 28, 2026
Former U.S. Rep. David Rivera's public opposition to the regime of former Venezuelan President Nicolás Maduro was just a "facade" as he secretly worked on behalf of the government under a $50 million contract with a unit of Venezuela's state-owned oil company, federal prosecutors told jurors on Tuesday.
-
April 28, 2026
Supporters of a referendum that calls for a 5% tax to be levied once on the wealth of California billionaires said they are closer to getting their measure on the November ballot as they are ready to turn in nearly twice the number of required signatures.
-
April 28, 2026
The U.S. Tax Court has jurisdiction over whether Meta is due a refund of interest for 2019 because the company claimed an overpayment for that year along with its challenge to deficiencies assessed in 2017, 2018 and 2019, the social media giant argued.
-
April 28, 2026
Importers have successfully submitted more than 11.2 million entries to Customs and Border Protection's tariff refund system, and more than 1.7 million imports have been validated and are ready for refunds, a CBP official told the U.S. Court of International Trade on Tuesday.
-
April 28, 2026
Australia has opened a second consultation on a 2.25% digital services tax that would be imposed on large social media companies and search engines if they don't pay Australian news organizations to publish their work.