Tax

  • February 19, 2026

    Tax Court Slashes $115M Easement Deduction

    A partnership is not entitled to a $115 million tax deduction for donating a conservation easement over rural farmland in Louisiana, the U.S. Tax Court ruled Thursday, saying the amount "grotesquely" exceeded the easement's actual value.

  • February 19, 2026

    French Court Approves Budget With Corporate Tax Hikes

    France's government can proceed with enacting its budget, which includes taxes targeted at corporations and wealthy individuals, after it largely passed muster before the country's constitutional court Thursday.

  • February 19, 2026

    Woman Asks Justices For Relief From Tax Preparer's Fraud

    A woman facing more than $300,000 in tax bills because her return preparer committed fraud on her filings decades ago asked the U.S. Supreme Court to overturn the Third Circuit's finding that she is responsible, saying it unfairly allows the IRS to bypass the statute of limitations.

  • February 19, 2026

    Md. Senate OKs Service Station Conversion Tax Break

    Maryland's political jurisdictions would be allowed to grant property tax credits for service stations converting to other uses under a bill passed unanimously by the state Senate.

  • February 19, 2026

    NM Lawmakers OK Longer Redevelopment Property Tax Break

    New Mexico would extend a property tax exemption period for eligible redevelopment projects under a bill approved by state lawmakers and headed to the governor.

  • February 18, 2026

    Trump Taps Atty In Carroll Case For 8th Circ.

    President Donald Trump announced Wednesday he's nominating for the Eighth Circuit a co-owner of James Otis Law Group, where the attorney has been part of the legal team representing Trump in writer E. Jean Carroll's defamation suit against the president.

  • February 18, 2026

    Jury To Get Goldstein Case After Clashing Closing Statements

    The jury in SCOTUSblog founder Thomas Goldstein's tax evasion trial will finally begin to deliberate on a 16-count verdict form, after federal prosecutors on Wednesday recounted lies they said he admitted to, and the defense slammed what it described as a shoddy investigation into the charges.

  • February 18, 2026

    Illinois' Pritzker Proposes Social Media Tax To Fund Education

    Illinois Gov. JB Pritzker proposed Wednesday that the state levy a new tax on social media companies with at least 100,000 users in the state and direct the money raised to education as part of a $56 billion budget plan he unveiled for fiscal 2027.

  • February 18, 2026

    NY Bill Would Allow Low-THC Drinks In Liquor Stores

    A new bill introduced in the New York State Legislature would permit alcohol retailers to sell low-potency cannabis-infused beverages with up to 5 milligrams of THC and impose a new tax on their sale.

  • February 18, 2026

    IRS Asks Court To Deny Probe Of Improper ICE Data-Sharing

    A coalition suing the IRS over its data-sharing deal with immigration enforcement authorities should not be allowed to investigate the agency's revelation that it shared some data improperly, the IRS told a D.C. federal court, saying it made the admission "in good faith."

  • February 18, 2026

    Tax Group Of The Year: Eversheds Sutherland

    Eversheds Sutherland's tax practice advised on key deals in 2025, guiding Duke Energy in securing $20 million in investment credits and aiding Verizon in avoiding $12 million in corporate franchise taxes, earning it a spot among the 2025 Law360 Tax Groups of the Year.

  • February 18, 2026

    Mass. Police Union Head, Lobbyist Get Prison For Kickbacks

    A federal judge on Wednesday sentenced the former head of the Massachusetts State Police union and a Boston lobbyist to two years and 15 months in prison, respectively, after the pair were convicted of orchestrating a kickback scheme.

  • February 17, 2026

    Goldstein Tax Trial Heads To Closing Args As Defense Rests

    Jurors in SCOTUSblog founder Thomas Goldstein's tax fraud trial will hear closing arguments Wednesday, after the final two witnesses in the monthlong proceeding took the stand, and new emails regarding Goldstein's efforts to conceal poker debts came to light Tuesday.

  • February 17, 2026

    Wash. Governor Demands Changes To Millionaires' Tax Bill

    A proposal for a nearly 10% tax on income above $1 million that has passed the Washington state Senate is a good start, but it needs significant changes before it gets his signature, Democratic Gov. Bob Ferguson said Tuesday.

  • February 17, 2026

    Educator Unions Call For SEC Probe Of Apollo's Epstein Ties

    The American Federation of Teachers and American Association of University Professors on Tuesday urged the U.S. Securities and Exchange Commission to investigate statements made by Apollo Global Management concerning the private equity firm's alleged ties to convicted sex offender Jeffrey Epstein.

  • February 17, 2026

    County's Tourism Tax Use Was Reasonable, NC Justices Told

    Counsel for a coastal North Carolina county told the state's Supreme Court justices Tuesday that commissioners' decision to spend occupancy tax dollars on public safety and infrastructure wasn't arbitrary and capricious, while opining that buying carnival equipment for their own pleasure might be.

  • February 17, 2026

    Minn. Justices Urged To Uphold Hilton Valuation Cuts

    A county assessor overvalued a Minneapolis Hilton hotel and convention center, the property owner told Minnesota's justices, urging the high court to uphold the state tax court's proper valuation.

  • February 17, 2026

    Ex-IRS Official Drops Suit Over Private Info Leak

    The former commissioner of the IRS' Large Business and International Division asked a D.C. federal court to drop her suit accusing the agency of unlawfully leaking information on her employment status to the media, according to a filing.

  • February 17, 2026

    11th Circ. Urged To Affirm No Tax Refund For Fund Exec's Jet

    A Florida federal court correctly denied a $1.9 million tax refund to a hedge fund manager who claimed a business deduction for wear and tear on his jet, the U.S. told the Eleventh Circuit, saying he made his argument for the tax break too late.

  • February 17, 2026

    EU Seeks Feedback For Bill To Streamline Corporate Tax Laws

    The European Union is seeking feedback on how to streamline its corporate tax laws in a bill slated to be proposed in the second quarter of the year, the bloc's executive branch said.

  • February 17, 2026

    Minn. House Bill Seeks Task Force On Property Tax Increases

    Minnesota would establish a task force to investigate the causes of property tax increases and improve local government transparency under legislation introduced Tuesday in the state House.

  • February 17, 2026

    AG Ends Pursuit Of RICO Case Against NJ Power Broker

    The New Jersey Attorney General's Office said Tuesday that it will not take its criminal racketeering case against South Jersey power broker George E. Norcross III to the state high court, effectively ending its prosecution of him and his associates.

  • February 13, 2026

    Senate Dems Say IRS-ICE Privacy Warnings Proved Correct

    The Internal Revenue Service's recent admission that a faulty system improperly shared taxpayer records with U.S. Immigration and Customs Enforcement vindicates long-standing warnings about privacy and data protection risks, Senate Democrats said.

  • February 13, 2026

    Oil Co. Presses IRS For $3.2M In Refunds From Merger

    The Internal Revenue Service has failed to act on an oil and natural gas company's requests for nearly $3.2 million in tax refunds tied to losses from a 2020 merger, despite the company giving the agency all requested information, it told a Texas federal court.

  • February 13, 2026

    Ga. Senate Advances GOP's $3B Income Tax Cut

    The Georgia Senate advanced a $3 billion proposal Thursday that would slash the state's income tax rate and eliminate it entirely for individuals making up to $50,000 per year, a measure some Republicans envision as the first step toward abolishing the state levy entirely.

Expert Analysis

  • Series

    Law School's Missed Lessons: Educating Your Community

    Author Photo

    Nearly two decades prosecuting scammers and elder fraud taught me that proactively educating the public about the risks they face and the rights they possess is essential to building trust within our communities, empowering otherwise vulnerable citizens and preventing wrongdoers from gaining a foothold, says Roger Handberg at GrayRobinson.

  • Strategies For Merchants As Payment Processing Costs Rise

    Author Photo

    As current economic pressures and rising card processing costs threaten to decrease margins for businesses, retail merchants should consider restructuring how payments are made and who processes them within the evolving legal framework, says Tom Witherspoon at Stinson.

  • 5 Crisis Lawyering Skills For An Age Of Uncertainty

    Author Photo

    As attorneys increasingly face unprecedented and pervasive situations — from prosecutions of law enforcement officials to executive orders targeting law firms — they must develop several essential competencies of effective crisis lawyering, says Ray Brescia at Albany Law School.

  • Opinion

    It's Time For The Judiciary To Fix Its Cybersecurity Problem

    Author Photo

    After recent reports that hackers have once again infiltrated federal courts’ electronic case management systems, the judiciary should strengthen its cybersecurity practices in line with executive branch standards, outlining clear roles and responsibilities for execution, says Ilona Cohen at HackerOne.

  • Rules Of Origin Revamp May Be Next Big Trade Development

    Author Photo

    The rules of origin for determining what tariff applies to any given import appear to be on the cusp of an important rethink, and it seems likely that the administration will try to align the rule with its overall tariff strategy in one of three ways, says Ted Posner at Baker Botts.

  • Series

    Writing Novels Makes Me A Better Lawyer

    Author Photo

    Writing my debut novel taught me to appreciate the value of critique and to never give up, no matter how long or tedious the journey, providing me with valuable skills that I now emphasize in my practice, says Daniel Buzzetta at BakerHostetler.

  • Opinion

    IRS Shutdown Backlog May Trigger Collection, Refund Chaos

    Author Photo

    As the IRS continues to send automated collection notices amid the ongoing federal government shutdown, a mounting backlog of unprocessed refunds, collections filings and mail is causing problems for taxpayers that will continue even after the shutdown ends, says Meeren Amin at Fox Rothschild.

  • SDNY OpenAI Order Clarifies Preservation Standards For AI

    Author Photo

    The Southern District of New York’s recent order in the OpenAI copyright infringement litigation, denying discovery of The New York Times' artificial intelligence technology use, clarifies that traditional preservation benchmarks apply to AI content, relieving organizations from using a “keep everything” approach, says Philip Favro at Favro Law.

  • Opinion

    High Court, Not A Single Justice, Should Decide On Recusal

    Author Photo

    As public trust in the U.S. Supreme Court continues to decline, the court should adopt a collegial framework in which all justices decide questions of recusal together — a reform that respects both judicial independence and due process for litigants, say Michael Broyde at Emory University and Hayden Hall at the U.S. Bankruptcy Court for the District of Delaware.

  • Series

    Traveling Solo Makes Me A Better Lawyer

    Author Photo

    Traveling by myself has taught me to assess risk, understand tone and stay calm in high-pressure situations, which are not only useful life skills, but the foundation of how I support my clients, says Lacey Gutierrez at Group Five Legal.

  • Series

    Law School's Missed Lessons: Client Service

    Author Photo

    Law school teaches you how to interpret the law, but it doesn't teach you some of the key ways to keeping clients satisfied, lessons that I've learned in the most unexpected of places: a book on how to be a butler, says Gregory Ramos at Armstrong Teasdale.

  • Series

    Adapting To Private Practice: 3 Tips On Finding The Right Job

    Author Photo

    After 23 years as a state and federal prosecutor, when I contemplated moving to a law firm, practicing solo or going in-house, I found there's a critical first step — deep self-reflection on what you truly want to do and where your strengths lie, says Rachael Jones at McKool Smith.

  • Series

    Painting Makes Me A Better Lawyer

    Author Photo

    Painting trains me to see both the fine detail and the whole composition at once, enabling me to identify friction points while keeping sight of a client's bigger vision, but the most significant lesson I've brought to my legal work has been the value of originality, says Jana Gouchev at Gouchev Law.

  • Compliance Pointers Amid Domestic Terrorism Clampdown

    Author Photo

    A recent presidential memorandum marks a shift in federal domestic-terrorism enforcement that should prompt nonprofits to enhance diligence related to grantees, vendors and events, and financial institutions to shore up their internal resources for increased suspicious-activity monitoring and reporting obligations, say attorneys at Morgan Lewis.

  • Trump Tax Law Has Mixed Impacts On Commercial Real Estate

    Author Photo

    The One Big Beautiful Bill Act brings sweeping changes to the real estate industry — and while the permanency of opportunity zones and bonus depreciation creates predictability for some taxpayers, sunsetting incentives for renewable energy projects will leave others with hard choices, says Jordan Metzger at Cole Schotz.

Want to publish in Law360?


Submit an idea

Have a news tip?


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