Tax

  • July 24, 2025

    Construction Co. Owner Arrested In $2.9M Payroll Tax Scheme

    A New York City construction company owner was arrested on charges of failing to pay over $2.9 million in employment taxes and falsely claiming that his wife worked as one of his laborers, according to the U.S. Department of Justice.

  • July 24, 2025

    Rising Star: McDermott's Michael Bruno

    Michael Bruno of McDermott Will & Emery LLP was tapped as lead tax counsel by two legendary athletes — Lionel Messi and Stephen Curry — for the rollouts of their respective beverage brands, earning him recognition as one of the tax attorneys under age 40 honored by Law360 as Rising Stars.

  • July 24, 2025

    Bets On Atty's Lien Biz Lost Millions, Investor Tells Jury

    A seasoned investor told a Manhattan federal jury Thursday that he heavily backed a tax-lien fund controlled by a lawyer now accused of fraud, ultimately losing $2.9 million in supposedly low-risk bets where such losses were "not supposed to be possible."

  • July 24, 2025

    German Court Convicts 4th In €195M VAT Fraud Scheme

    A fourth person has been convicted in connection with a €195 million ($229.3 million) value-added tax fraud scheme, this time in a German regional court, the European Public Prosecutor's Office said.

  • July 24, 2025

    NC Urges 4th Circ. Not To Block Vape Regs During Appeal

    North Carolina officials are urging the Fourth Circuit to deny a bid by vape interests to block enforcement of a new state vaping regulation while they appeal their case, saying the plaintiffs have already tried, and failed, three times to show they deserve an injunction.

  • July 23, 2025

    Fla. Man Gets 5 Years In Jail For Hiding Swiss Bank Accounts

    A Florida federal judge on Wednesday sentenced a Miami man to five years in prison on a conspiracy-related count in connection with evading taxes on approximately $20 million he held in Swiss bank accounts and setting up trusts in an attempt to hide assets.

  • July 23, 2025

    9th Circ. Revives Barrett Business Services' Secrets Case

    The Ninth Circuit has reinstated Barrett Business Services Inc.'s claims of trade secret theft against two former employees, their wives and a competing company they started.

  • July 23, 2025

    Trump Wins 9th Circ. Block On Order Providing Reorg Plans

    The Ninth Circuit greenlighted the Trump administration's request to pause a lower court ruling requiring the government to turn over its layoff and reorganization plans in the case disputing whether the president can lawfully reshape federal agencies without congressional approval.

  • July 23, 2025

    Ore. Tax Court Upholds Farm Value Over Owner's Claim

    An Oregon farm owner failed to show that his property was overvalued by a local assessor, the state tax court said, rejecting the owner's argument that the assessor misclassified the soil on the land.

  • July 23, 2025

    Indiana CPA Gets 3 Years In Royalty Payment Tax Scheme

    An Indiana accountant received a three-year prison sentence for willfully preparing tax returns for clients who inappropriately claimed millions of dollars worth of business deductions based on false royalty payments made for using intellectual property, according to federal prosecutors.

  • July 23, 2025

    US Says It's Immune In Booz Allen Worker Tax Info Leak Suit

    A proposed class action seeking to hold the federal government and its contractor Booz Allen Hamilton responsible for a leak of thousands of wealthy people's tax returns, including President Donald Trump's, cannot move forward against the U.S., the government argued Wednesday, saying it's immune from the suit.

  • July 23, 2025

    NJ Power Broker Blasts AG's Bid To Revive RICO Case

    Garden State power broker George E. Norcross III on Wednesday urged a New Jersey appeals court to affirm the dismissal of the state's explosive racketeering indictment, arguing the trial court was right to toss the charges because there are no factual allegations in the indictment that amount to a crime.

  • July 23, 2025

    Rising Star: Freshfields' Joe Soltis

    Joe Soltis of Freshfields LLP has advised companies on several multibillion-dollar transactions, including Cencora's $4.6 billion acquisition of Retina Consultants of America, earning him a spot among the tax law practitioners under age 40 honored by Law360 as Rising Stars.

  • July 23, 2025

    Katten Welcomes Ex-Gibson Dunn Tax Pro In New York

    Katten Muchin Rosenman LLP announced on Tuesday that it has added a former Gibson Dunn & Crutcher LLP of counsel to its transactional tax planning practice, noting her extensive experience in the finance space.

  • July 22, 2025

    Wash. Appeals Court Affirms Biz Tax Rule For Drop Shippers

    The Washington Court of Appeals upheld the state's rule on Tuesday that out-of-state wholesalers in drop shipment transactions are subject to a business tax when the customer that ultimately receives the product is within the Evergreen State's borders, rejecting a challenge from California IT distributor Synnex.

  • July 22, 2025

    Civil Rights Org. Backs 2nd Suit Over Tariffs, In Texas

    The New Civil Liberties Alliance is representing two businesses and a trade association in Texas federal court in a suit filed on Monday against the federal government — the second suit the alliance has taken on to fight President Donald Trump's emergency tariffs.

  • July 22, 2025

    Mo. High Court Says Counties Can't Tax Pot In Certain Areas

    Counties can't add their own taxes on sales of adult-use cannabis in incorporated areas such as cities that impose their own tax, Missouri's highest court said Tuesday, reversing a lower court decision that upheld the county taxes.

  • July 22, 2025

    Greenberg Traurig Adds State And Local Tax Pro From EY

    Greenberg Traurig is bringing on a former principal in EY's national tax practice as a shareholder in the firm's Chicago office to advise on state and local tax matters.

  • July 22, 2025

    Colo. Ballot Proposal Seeks Tax Break For Overtime, Tips

    Colorado would exempt overtime and tipped income from state taxation under a proposed 2026 ballot measure reviewed Tuesday by state officials.

  • July 22, 2025

    Rising Star: Kirkland's Devin Heckman

    Devin Heckman of Kirkland & Ellis LLP has advised clients on the tax aspects of several multibillion-dollar acquisitions involving technology and healthcare companies, forging ongoing relationships and earning him a spot among the tax attorneys under age 40 honored by Law360 as Rising Stars.

  • July 22, 2025

    Tax Software Co. Avalara, Universal Music Submit IPO Plans

    Avalara Inc. and music giant Universal Music Group NV have confidentially filed plans for initial public offerings with the U.S. Securities and Exchange Commission, marking the latest two companies to join the private-to-public pipeline.

  • July 22, 2025

    Irish Board Affirms Tax Bill Against Loss Scheme Participant

    The Irish Tax Appeals Commission closed out one of the remaining cases stemming from an investment fund, citing a court decision that found the participants used the syndicate to generate losses to reduce their taxable income.

  • July 22, 2025

    Ore. Extends Brownfield Development Tax Breaks

    Oregon extended its program of local property tax incentives for brownfield development by six years under a bill signed by the governor.

  • July 21, 2025

    Guinea Tells DC Circ. $22M Award Can't Be Enforced

    The Republic of Guinea has urged the D.C. Circuit not to revive a consulting company's bid to enforce a $22 million arbitration award, saying a lower court correctly found that it was unclear whether the country agreed to arbitrate the dispute in the first place.

  • July 21, 2025

    JetBlue Says Fla. Used Unlawful Formula In Calculating Taxes

    JetBlue urged a Florida state court on Monday to negate a $631,000 corporate tax assessment by the state's Department of Revenue, arguing that a component of the agency's formula for taxing out-of-state miles is inconsistent with federal law.

Expert Analysis

  • Anticipating Direction Of Cosmetics Regulation Under Trump

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    It is unclear how cosmetics regulation reform from the last few years will fare under President Donald Trump, but the new administration's emphasis on deregulation and Robert F. Kennedy Jr.'s views on product safety provide some insight, say attorneys at Crowell & Moring.

  • IRS Basis-Shifting Rule Poses Notable Reporting Obligations

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    While the IRS’ recently finalized rule requiring partnerships to report certain related-party basis adjustment transactions is narrower than originally proposed, taxpayers and their advisers will still need to comb through myriad transactions to comply, say attorneys at Debevoise.

  • Imagine The Possibilities Of Openly Autistic Lawyering

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    Andi Mazingo at Lumen Law, who was diagnosed with autism about midway through her career, discusses how the legal profession can create inclusive workplaces that empower openly autistic lawyers and enhance innovation, and how neurodivergent attorneys can navigate the challenges and opportunities that come with disclosing one’s diagnosis.

  • Series

    Documentary Filmmaking Makes Me A Better Lawyer

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    Becoming a documentary filmmaker has allowed me to merge my legal expertise with my passion for storytelling, and has helped me to hone negotiation, critical thinking and problem-solving skills that are important to both endeavors, says Robert Darwell at Sheppard Mullin.

  • Litigation Funding Disclosure Debate: Strategy Considerations

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    In the ongoing debate over whether courts should require disclosure of litigation funding, funders and plaintiffs tend to argue against such mandates, but voluntarily disclosing limited details about a funding arrangement can actually confer certain benefits to plaintiffs in some scenarios, say Andrew Stulce and Marc Cavan at Longford Capital.

  • Top Considerations For Insurance Companies In 2025

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    As insurance industry participants look to plan for the year, regulatory changes, climate-related challenges, the ongoing effects of social inflation and the potential for significant mergers and acquisitions will be among the key items for insurer boards and management to have on their radar, say attorneys at Debevoise.

  • Scope And Nature Of Judicial Relief Will Affect Loper's Impact

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    The practical result of post-Loper Bright rulings against regulatory actions will depend on the relief courts grant — and there has been controversy in these types of cases over whether the ruling is applied just to the parties or nationwide, and whether the action can be left in place while it's corrected, says Steven Gordon at Holland & Knight.

  • Series

    Adventure Photography Makes Me A Better Lawyer

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    Photographing nature everywhere from Siberia to Cuba and Iceland to Rwanda provides me with a constant reminder to refresh, refocus and rethink the legal issues that my clients face, says Richard Birmingham at Davis Wright.

  • 5 Ways To Create Effective Mock Assignments For Associates

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    In order to effectively develop associates’ critical thinking skills, firms should design mock assignments that contain a few key ingredients, from messy fact patterns to actionable feedback, says Abdi Shayesteh at AltaClaro.

  • Opinion

    Congress Should Pass Sex Abuse Settlement Tax Exemptions

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    The proposed Survivor Justice Tax Prevention Act would expand tax exemptions more clearly for sexual abuse cases, and finally remove the stigma around compensation for emotional and psychological damage, says Rocco Strangio at Milestone & Co.

  • What's Next For Accounting Enforcement After SEC's Big 2024

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    The U.S. Securities and Exchange Commission under the Trump administration will likely continue to focus enforcement efforts on many of the same accounting and auditing issues that it pursued over the past year — but other areas, such as ESG, internal controls and cryptocurrency cases, may fall out of focus, say attorneys at Debevoise.

  • Mentorship Resolutions For The New Year

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    Attorneys tend to focus on personal achievements or career milestones when they set yearly goals, but one important area often gets overlooked in this process — mentoring relationships, which are some of the most effective tools for professional growth, say Kelly Galligan at Rutan & Tucker and Andra Greene at Phillips ADR.

  • Series

    Coaching Little League Makes Me A Better Lawyer

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    While coaching poorly played Little League Baseball early in the morning doesn't sound like a good time, I love it — and the experience has taught me valuable lessons about imperfection, compassion and acceptance that have helped me grow as a person and as a lawyer, says Alex Barnett at DiCello Levitt.

  • 5 Litigation Funding Trends To Note In 2025

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    Lawyers and their clients must be prepared to navigate an evolving litigation funding market in 2025, made more complicated by a new administration and the increasing overall cost of litigation, says Jeffery Lula at GLS Capital.

  • Rethinking Litigation Risk And What It Really Means To Win

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    Attorneys have a tendency to overestimate litigation risk before summary judgment and underestimate risk after it, but an eight-stage litigation framework can clarify risk at different points and help litigators reassess what true success looks like in any particular case, says Joshua Libling at Arcadia Finance.

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