Tax

  • January 14, 2026

    DOJ Asks To Drop Hung Counts In Ex-Gas Co. CFO's Tax Case

    Federal prosecutors asked to drop most of the remaining charges against a Russian gas company's former chief financial officer who was convicted of other tax crimes after failing to secure unanimous support from a jury, according to documents filed in a Florida federal court.

  • January 14, 2026

    NC Manager Gets 6 Years For Healthcare, Tax Scheme

    The manager of a substance abuse treatment company who paid patients in gift cards was sentenced to six years in prison and ordered to pay more than $15 million in restitution to North Carolina Medicaid and the IRS, the U.S. Department of Justice said Wednesday.

  • January 14, 2026

    NJ Legislature OKs Entertainment Renovation Tax Credit

    New Jersey would allow certain sports and entertainment renovation projects to claim an income tax credit under an economic development program if a bill passes in the state Legislature. 

  • January 14, 2026

    NY Man Gets 3 Years For Posing As Exec To Cash Tax Refund

    A Massachusetts federal judge sentenced a New York man Wednesday to more than three years in prison for impersonating an executive of a real estate investment firm to cash the firm's tax refund of more than $800,000.

  • January 14, 2026

    Wash. Gov. Backs Plan For Tax On Millionaires

    Washington state residents earning more than $1 million in a single year would be subject to a nearly 10% tax on that income under a plan backed by the state's governor.

  • January 14, 2026

    IRS Clarifies 1st-Year 100% Depreciation Deduction Eligibility

    The IRS unveiled guidance Wednesday governing the eligibility for and calculation of a retooled tax deduction for the additional first year of depreciation of an asset-producing property, including sound recording production machines, reflecting changes enacted in the July budget reconciliation law.

  • January 14, 2026

    Disbarred Atty Wants Tax Loss Evidentiary Hearing Canceled

    A disbarred attorney facing sentencing for evading taxes on more than $100 million in legal fees asked a Pennsylvania federal court Wednesday to cancel a next-day hearing in which the federal government plans to introduce new evidence and a witness regarding its tax losses.

  • January 14, 2026

    Supreme Court Rejects Cigar Maker's Appeal Over Atty Fees

    The U.S. Supreme Court has declined to hear cigar maker Swisher International Inc.'s appeal in a long-running contractual and antitrust dispute with Trendsettah USA Inc., leaving intact a Ninth Circuit ruling that revived part of a jury verdict and more than $10 million in related attorney fee awards.

  • January 13, 2026

    Ex-Duane Morris Tax Partner Charged With Murdering Wife

    A former tax partner at Duane Morris LLP's Chicago office has been charged with killing his wife a little more than a year ago, according to an announcement made Tuesday by Illinois prosecutors.

  • January 13, 2026

    No Jury Yet In Goldstein Trial, But Celeb Witnesses Possible

    Day two of jury selection in Tom Goldstein's tax and mortgage fraud case wrapped without a jury being seated Tuesday, but did reveal that the government could call celebrities Tobey Maguire and Kevin Hart to the stand.

  • January 13, 2026

    NC Tech Exec Urges 4th Circ. To Delay Sentence Amid Appeal

    A North Carolina software executive convicted of failing to pay employment taxes has asked the Fourth Circuit to delay the start of his 366-day prison sentence while his appeal is pending before the court.

  • January 13, 2026

    SD Gov. Proposes Local Property Tax Alternative In Address

    South Dakota counties would have the option to replace the county's share of property taxes with a half-cent sales tax under a plan proposed by the governor in his State of the State address Tuesday.

  • January 13, 2026

    Maine Alters Excise Tax Assessment On Camper Trailers

    Maine will change its application and collection of excise tax on camper trailers under a law that took effect without the signature of Democratic Gov. Janet Mills.

  • January 13, 2026

    Sen. Warren Questions SEC On Crypto In 401(k) Plans

    Sen. Elizabeth Warren sent a letter to the U.S. Securities and Exchange Commission in advance of a banking committee vote on cryptocurrency market structure legislation, asking how the agency will protect investors as the administration also pushes to broaden access to cryptocurrency in 401(k) retirement plans.

  • January 13, 2026

    Md. Bill Would Allow Separate Land, Improvement Tax Rates

    Maryland would authorize local governments to establish subclasses of real property consisting of land and improvements to land and impose separate tax rates for each subclass under legislation set to be considered by the state House of Delegates' Ways and Means Committee.

  • January 12, 2026

    The Issues That Could Decide The Tom Goldstein Tax Case

    Federal prosecutors are set to begin making their case against famed U.S. Supreme Court lawyer and SCOTUSblog founder Tom Goldstein at trial Wednesday, alleging that he deliberately hid millions of dollars in high-stakes poker winnings from the Internal Revenue Service between 2016 and 2021 and lied on mortgage applications.

  • January 12, 2026

    Trump Says 25% Tariff Incoming For Iranian Biz Dealings

    Any country with economic ties to Iran could face a 25% tariff immediately on their goods exported to the U.S., President Donald Trump said Monday on social media.

  • January 12, 2026

    Tax Court Won't Revisit Ga. Quarry $10M Easement Loss

    The U.S. Tax Court refused to reconsider a November decision denying a Georgia partnership's $10 million conservation easement tax deduction tied to an unused quarry, saying the partnership offered no unusual circumstances or substantial errors that would compel the court to revisit the case.

  • January 12, 2026

    High Court Declines To Hear Michigan Tax Foreclosure Case

    The U.S. Supreme Court declined Monday to hear a property owner's case alleging that a Michigan county improperly kept the excess proceeds of her tax-foreclosed home sale.

  • January 12, 2026

    Justices Won't Look At Michigan's Foreclosure Sale Rule

    The U.S. Supreme Court declined Monday to review three cases that ask whether Michigan's process to claim surplus proceeds after a tax foreclosure sale violates the takings and due process clauses.

  • January 12, 2026

    European Union Carrying Out Revised Min. Corp. Tax Regime

    The European Union's executive body is implementing changes to the 15% minimum corporate tax regime across the trade bloc after a renegotiation of Pillar Two last week, according to a notice published Monday.

  • January 12, 2026

    Solar Co. Blames Broker's Error For $6M Tariff Bill

    A renewable energy company wants its customs broker and agent held responsible for over $6 million in antidumping and countervailing duties it had to pay on imported solar panels due to the broker's alleged failure to properly record them.

  • January 12, 2026

    Gov't Defends IRS, SSA Handing Taxpayer Data To ICE

    The Trump administration has asked a Massachusetts federal judge to dismiss a lawsuit that seeks to block the Internal Revenue Service and the Social Security Administration from sharing taxpayer addresses with immigration enforcement officials, saying the data sharing pacts are legal.

  • January 12, 2026

    Neb. Bill Would Allow Income Tax Deductions For Tips, OT

    Nebraska would allow individual income tax deductions for tips and overtime pay under a bill introduced in the state's unicameral Legislature.

  • January 12, 2026

    Morgan Lewis Expands Tax Team With NY, Miami Partners

    Morgan Lewis & Bockius LLP has added two new partners, one in Miami and one in New York, who will provide tax advice to private clients, family offices and investment managers in financial hubs around the world, the firm said Monday.

Expert Analysis

  • Series

    The Law Firm Merger Diaries: Forming Measurable Ties

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    Relationship-building should begin as early as possible in a law firm merger, as intentional pathways to bringing people together drive collaboration, positive client response, engagements and growth, says Amie Colby at Troutman.

  • 3 Key Takeaways From Planned Rescheduling Of Cannabis

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    An executive order reviving cannabis rescheduling represents a monumental change for the industry and, while the substance will remain illegal at the federal level, introduces several benefits, including improving state-legal cannabis operators' tax treatment, lowering the industry's legal risk profile, and leaving state-regulated markets largely intact, say attorneys at Dentons.

  • OFAC Sanctions Will Intensify Amid Global Tensions In 2026

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    The Office of Foreign Assets Control will ramp up its targeting of companies in the private equity, venture capital, real estate and legal markets in 2026, in keeping with the aggressive foreign policy approach embraced by the Trump administration in 2025, say attorneys at Holland & Knight.

  • 5 E-Discovery Predictions For 2026 And Beyond

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    2026 will likely be shaped by issues ranging from artificial intelligence regulatory turbulence to potential evidence rule changes, and e-discovery professionals will need to understand how to effectively guide the responsible and defensible adoption of emerging tools, while also ensuring effective safeguards, say attorneys at Littler.

  • 2026 Enforcement Trends To Expect In Maritime And Int'l Trade

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    The maritime and international trade community should expect U.S. federal enforcement to ramp up in 2026, particularly via Office of Foreign Asset Control shipping sanctions, accelerating interagency investigations of trade fraud, and U.S. Coast Guard narcotics and pollution inspections, say attorneys at Holland & Knight.

  • Series

    Judges On AI: How Courts Can Boost Access To Justice

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    Arizona Court of Appeals Judge Samuel A. Thumma writes that generative artificial intelligence tools offer a profound opportunity to enhance access to justice and engender public confidence in courts’ use of technology, and judges can seize this opportunity in five key ways.

  • Examining Privilege In Dual-Purpose Workplace Investigations

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    The Sixth Circuit's recent holding in FirstEnergy's bribery probe ruling that attorney-client privilege applied to a dual-purpose workplace investigation because its primary purpose was obtaining legal advice highlights the uncertainty companies face as federal circuit courts remain split on the appropriate test, say attorneys at Proskauer.

  • Hot Topics For Family Offices In 2026

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    For family offices, the throughline of 2026 is disciplined readiness, as navigating impact from the One Big Beautiful Bill Act and platform maturation will be necessary to preserve flexibility and enhance client outcomes, say attorneys at Morgan Lewis.

  • Opinion

    The Case For Emulating, Not Dividing, The Ninth Circuit

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    Champions for improved judicial administration should reject the unfounded criticisms driving recent Senate proposals to divide the Ninth Circuit and instead seek to replicate the court's unique strengths and successes, says Ninth Circuit Judge J. Clifford Wallace.

  • Series

    Muay Thai Makes Me A Better Lawyer

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    Muay Thai kickboxing has taught me that in order to win, one must stick to one's game plan and adapt under pressure, just as when facing challenges by opposing counsel or judges, says Mark Schork at Feldman Shepherd.

  • Series

    Law School's Missed Lessons: Intentional Career-Building

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    A successful legal career is built through intention: understanding expectations, assessing strengths honestly and proactively seeking opportunities to grow and cultivating relationships that support your development, say Erika Drous and Hillary Mann at Morrison Foerster.

  • How Changes At The IRS Will Affect Tax Controversy In 2026

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    Taxpayers will need to adjust approaches to dealing with the IRS in 2026, as the agency is likely to shift its audit strategies and increases reliance on technology following the significant reductions in funding and personnel last year, say attorneys at Crowell & Moring.

  • 5 Tariff And Trade Developments To Watch In 2026

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    A new trade landscape emerged in 2025, the contours of which will be further defined by developments that will merit close attention this year, including a key ruling from the U.S. Supreme Court and a review of the U.S.-Mexico-Canada Agreement, says Ted Posner at Baker Botts.

  • 4 Developments That Defined The 2025 Ethics Landscape

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    The legal profession spent 2025 at the edge of its ethical comfort zone as courts, firms and regulators confronted how fast-moving technologies and new business models collide with long-standing professional duties, signaling that the profession is entering a period of sustained disruption that will continue into 2026, says Hilary Gerzhoy at HWG Law.

  • Navigating AI In The Legal Industry

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    As artificial intelligence becomes an increasingly integral part of legal practice, Law360 guest commentary this year examined evolving ethical obligations, how the plaintiffs bar is using AI to level the playing field against corporate defense teams, and the attendant risks of adoption.

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