-
April 20, 2026
After a record year for U.S. commercial gaming, a little-known tax on phantom income in last year's Republican reconciliation law has spurred bipartisan repeal efforts amid concerns it could alter betting behavior and drain state and local economies built on gambling-related tourism.
-
April 20, 2026
The U.S. Supreme Court won't review the Internal Revenue Service's rejection of a Texas doctor's claim to $1 million in tax deductions linked to his urgent care network's captive insurance company, the court said Monday.
-
April 20, 2026
A New York attorney has filed a $3.1 million contract suit against her former employer, accusing an Oklahoma-based national litigation firm of terminating her employment after she requested an overdue invoice, following more than three years of full-time contract work without benefits.
-
April 20, 2026
A computer company should have known it was dealing with value-added tax fraudsters whose business was too good to be true, so HMRC's denial of a nearly £430,000 ($582,000) tax deduction is valid, the First-tier Tribunal said in a decision.
-
April 20, 2026
The Internal Revenue Service fell short in its request for the full Fifth Circuit to revisit a high-profile case it lost in January over the self-employment tax exception for business partners with limited liability, a Texas management consulting firm said.
-
April 20, 2026
Reform UK deputy Richard Tice said "some errors" are inevitable when running multiple businesses following a report that his investment company failed to pay almost £100,000 ($135,000) in corporate tax, adding that he would pay up if it is found he owes more taxes.
-
April 17, 2026
A forensic accountant testified in Florida federal court on Friday that his investigation into the finances of politician David Rivera found that no funds were given to Venezuelan opposition officials, telling jurors how he followed the money trail of the one-time congressman accused of secretly lobbying for a foreign government.
-
April 17, 2026
A California magistrate judge has recommended summary judgment in favor of the state in its suit against an electronic cigarette seller, saying the undisputed facts of the case say the business violated the law by selling e-cigarettes without a license and unlawfully shipped them through the U.S. Postal Service.
-
April 17, 2026
In this week's Taxation With Representation, Amazon.com Inc. buys satellite communications company Globalstar Inc., waste management company GFL Environmental Inc. acquires Secure Waste Infrastructure Corp., and Standard Life PLC buys the British subsidiary of Dutch insurer Aegon.
-
April 17, 2026
The Internal Revenue Service proposed cutting fees it charges people who take the exam for becoming one of its enrolled agents, though it noted Friday that the overall cost to test takers will increase because of a third-party contract.
-
April 17, 2026
A Maryland federal court has resumed a lawsuit accusing a D.C. corporate tax attorney and his former law firm of a $19 million captive insurance scam following notification that the bankruptcy proceedings of the attorney and the firm have concluded.
-
April 16, 2026
A Washington state appellate judge pushed back Thursday on Seattle's defense of COVID-19-era tenant rights ordinances, observing that the plaintiff landlord may have a stronger Fifth Amendment takings claim than usual because of the "unique" situation of "six regulations passed within a short time period."
-
April 16, 2026
The IRS unveiled proposed regulations Thursday to implement a higher threshold of $2,000 for when gambling businesses must report payouts to the government — including winnings from bingo, keno and slot machines — reflecting changes in the 2025 budget law.
-
April 16, 2026
A California mall should not have its property value reduced despite hardships faced due to the coronavirus pandemic, because the mandated closures did not physically affect the property, a state appellate court affirmed.
-
April 16, 2026
The Kentucky General Assembly overrode the governor's veto of a bill that eliminates its sales tax nexus transaction threshold, levies sales tax on data brokering services and will conform the state's tax code with some provisions of the Internal Revenue Code.
-
April 16, 2026
A Texas federal judge vacated a tax code regulation designating microcaptive insurance transactions as listed transactions subject to deep scrutiny and hefty penalties, saying the Internal Revenue Service didn't prove that they are mostly for tax avoidance and not really for insurance.
-
April 16, 2026
Shareholders of the Canadian Imperial Bank of Commerce voted against a proposal to require the bank to disclose public country-by-country reports of tax information Thursday, with only about 10% of shareholders voting in favor.
-
April 15, 2026
The U.S. Department of Labor's employee benefits arm recently issued updated enforcement guidance that highlighted the agency's goal of shifting to focus more on breaches of the fiduciary duty of loyalty under federal benefits law. Here are three things experts said stood out about the DOL's update.
-
April 15, 2026
The U.S. Department of Labor's employee benefits division cautioned Wednesday that proxy advisory firms may be providing advice that could make them fiduciaries under federal law, following through on a directive that President Donald Trump issued in December.
-
April 15, 2026
Centrica's activities in a North Sea natural gas field amount to oil extraction, and therefore the company is liable for corporate tax bills totaling £5.3 million ($7.2 million) under the rules governing energy taxation, according to a London tribunal.
-
April 15, 2026
A West Virginia federal judge has narrowed the evidence prosecutors can present at trial in a revived trade secret case against two former Deloitte employees, curtailing use of an internal investigative report from the company they joined and restricting how "trade secrets" may be used to describe allegedly confidential materials.
-
April 14, 2026
Virginia Gov. Abigail Spanberger on Tuesday declined to sign into law legislation that would tax and regulate the sale of adult-use cannabis, sending the bill back to the Legislature with numerous changes, including delaying the launch of the retail market by an additional six months.
-
April 14, 2026
Oklahoma residents will vote on a constitutional amendment that if passed would require statewide laws establishing reimbursement methods for local taxing jurisdictions that lose money due to the manufacturing facilities property exemption, under an approved resolution.
-
April 14, 2026
The IRS audited just 3% of taxpayers with $6.2 trillion offshore who were identified as noncompliant with the Foreign Account Tax Compliance Act and assessed no penalties to the vast majority of "egregious nonfilers," the Treasury Inspector General for Tax Administration said in a report.
-
April 14, 2026
U.S. Customs and Border Protection's automated tariff refund system is nearly complete, but thousands of imports may require a more cumbersome manual process that could undermine the agency's other priorities, an official told the U.S. Court of International Trade on Tuesday.