Tax

  • March 11, 2026

    Costco Owes Shoppers Refunds For Voided Tariffs, Suit Says

    Costco shoppers are owed back the higher costs they paid as a result of President Donald Trump's global tariffs that the nation's highest court has since declared unlawful, according to a putative consumer class action filed Wednesday in Illinois federal court.

  • March 11, 2026

    Tax Fraudster Asks 4th Circ. To Undo 20-Year Prison Term

    The head of an investment firm who was sentenced to nearly 20 years in prison after admitting to tax fraud in connection with a $20 million Ponzi scheme asked the Fourth Circuit to vacate his sentence, saying it was unreasonable and far longer than average.

  • March 11, 2026

    Cos. Ask Court To Toss Trump's Revamped Global Tariffs

    Two companies are challenging President Donald Trump's revamped global tariff regime, telling the U.S. Court of International Trade that the circumstances required to justify the regime cannot exist.

  • March 11, 2026

    Wyo. Amends Property Tax Break For Long-Term Homeowners

    Wyoming amended a property tax exemption for long-term homeowners in the state so that it applies to an eligible property's fair market value instead of its assessed value under a bill signed by the governor that also establishes a limit on the exemption.

  • March 11, 2026

    NM Authorizes Property Tax To Pay Bonds, Interest, Costs

    New Mexico authorized the imposition of a property tax to repay principal, interest and costs for state-issued bonds, which are subject to voter approval, under a bill signed by the governor.

  • March 11, 2026

    Minn. Justices Reject Homeowner's Valuation Claims

    The Minnesota Tax Court had full jurisdiction over a homeowner's property tax case and properly dismissed his challenge to the county's valuation, the state Supreme Court ruled Wednesday.

  • March 10, 2026

    Ill. Tax Preparer Gets 10 Years For $14M PPP Loan Fraud

    An Illinois federal judge's decision to impose a 10-year prison sentence on a man for his role in a $14 million fraud scheme where he took kickbacks for preparing false applications for pandemic-era Paycheck Protection Program loans drew surprised outbursts in the courtroom Tuesday from both the defendant and his attorney.

  • March 10, 2026

    Conn. Court Says Day Care On Church Property Tax-Exempt

    A Connecticut church that leases part of its property out to a private for-profit day care should be allowed a property tax exemption for the entirety of its property, the state Appellate Court affirmed. 

  • March 10, 2026

    Feds Urge End To IRS Wind, Solar Safe Harbor Fight

    The Trump administration has told a D.C. federal judge there's no basis to sustain a lawsuit challenging an IRS notice eliminating a safe harbor test that wind and solar projects could use to qualify for clean energy tax credits.

  • March 10, 2026

    Tax Court Can't Review Marijuana's Drug Status, IRS Says

    The U.S. Tax Court is not authorized to examine and change marijuana's controlled substance status, the Internal Revenue Service said, rebuking a bid from a New Mexico dispensary operator seeking relief from a provision prohibiting it from claiming business deductions.

  • March 10, 2026

    Kan. House Bills Seek To Limit School Property Taxes

    Kansas would impose a cap on the ad valorem taxes that school districts could impose under bills introduced in the state House.

  • March 10, 2026

    PE Group Asks 3rd Circ. To Overturn Fund's $100M Tax Bill

    The U.S. economy could face damaging consequences if the Third Circuit upholds a U.S. Tax Court decision finding a Cayman Islands hedge fund liable for a $100 million tax bill as a securities dealer, a private equity lobbying group told the court.

  • March 10, 2026

    DOJ Defends Tying Loan Forgiveness To Employer Conduct

    The Trump administration is asking a D.C. federal judge to toss a lawsuit challenging a new rule that could strip some nonprofits of Public Service Loan Forgiveness program eligibility, claiming that the plaintiffs in the suit have no standing because they aren't engaged in any illegal activities.

  • March 10, 2026

    Ex-Moses & Singer Partner Admits Tax Crimes, Will Pay $2.8M

    A former Moses & Singer LLP partner admitted to practice in New York and North Carolina courts has pled guilty to three counts of failing to file personal income tax returns and will pay $2.8 million in restitution, the U.S. Attorney's Office for the District of Connecticut announced Monday.

  • March 10, 2026

    Easement Case Didn't Need Appraiser Witness, 10th Circ. Told

    The U.S. Tax Court should have considered a partnership's appraisal before rejecting its claim to a nearly $12 million tax deduction for a conservation easement donation, the partnership told the Tenth Circuit, arguing that its valuation report didn't require the appraiser's testimony as the court had claimed.

  • March 10, 2026

    Colo. Broadens Farm, Ranch Definitions For Property Taxes

    Colorado broadened its definitions of farms and ranches for property tax purposes to allow more agriculture producers to qualify for tax advantages under a bill signed by Gov. Jared Polis.

  • March 09, 2026

    Kate Hudson's Activewear Co. Sued For Tariff Refunds

    Fabletics, the activewear company cofounded by actress Kate Hudson, faces a proposed class action from customers who say the company passed the cost of President Donald Trump's illegal 2025 tariffs onto customers and should be forced to refund those overages.

  • March 09, 2026

    Intuit Faces MLA Suit Over 'Refund Advance' Loans

    TurboTax distributor Intuit Inc. and several of its partners were hit with a proposed class action alleging their process for distributing tax refund advance loans comes with high costs and arbitration clauses that are prohibited by the Military Lending Act.

  • March 09, 2026

    FIFA May Be No Match For Town In World Cup Permit Spat

    A small Massachusetts town may have a reliable 12th man in the courts if it ends up being sued by FIFA for failing to grant a license to host several World Cup matches, experts say, as the town holds all the power despite its potential foe's deep pockets.

  • March 09, 2026

    Tax Court OKs IRS Partnership Procedures In Easement Fight

    The IRS properly notified a partnership of tax deficiencies tied to a 2018 conservation easement deduction under the 2015 centralized partnership audit regime, the U.S. Tax Court unanimously ruled Monday, saying the entity failed to prove that agency mistakes had hindered its audit response.

  • March 09, 2026

    Colo. Justices Nix TABOR Expansion Ballot Plan

    A proposed Colorado ballot measure that would potentially subject more fees to voter approval under its Taxpayer's Bill of Rights unlawfully contains more than a single subject, the state Supreme Court found Monday, reversing a state board.

  • March 09, 2026

    Kansas Tribe, Sheriff Seek Wins In Jurisdictional Dispute

    A Kansas Indigenous nation is seeking a win in a dispute over tribal jurisdiction, arguing it has satisfied the burden to show that a Jackson County sheriff unlawfully infringed on its inherent sovereignty when he allegedly threatened to arrest tribal officials for reviewing an on-reservation business's tax records.

  • March 09, 2026

    Mining Co. Weighs Arbitration With Mozambique Tax Authority

    An Irish mining company said Monday it's considering international arbitration for a dispute with the Mozambique Tax Authority over the agency's imposition of higher royalties during negotiations on renewing an investment agreement.

  • March 09, 2026

    Assisted Living Resident Asks Minn. Justices To OK Tax Break

    The Minnesota Tax Court was wrong to deny a property tax exemption as a charitable organization for a unit in an assisted living facility owned by a nonprofit corporation, the unit's resident told the state Supreme Court.

  • March 09, 2026

    Omni Bridgeway Gets Green Light To Target Albania Assets

    A Washington, D.C., federal judge agreed to let litigation funder Omni Bridgeway seize assets belonging to the Albanian government as it looks to enforce an arbitral award now worth some $13 million that the country has ignored for years.

Expert Analysis

  • Cannabis Industry Faces An Inflection Point This Year

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    Cannabis industry developments last year — from the passage of a new wholesale tax in Michigan, to an executive order accelerating the federal rescheduling process — presage a more mature phase of legalization this year, with hardening expectations and enforcement to come, says Alex Leonowicz at Howard & Howard.

  • Series

    Fly-Fishing Makes Me A Better Lawyer

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    Much like skilled attorneys, the best anglers prize preparation, presentation and patience while respecting their adversaries — both human and trout, says Rob Braverman at Braverman Greenspun.

  • 4 Ways GCs Can Manage Growing Service Of Process Volume

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    As automation and arbitration increase the volume of legal filings, in-house counsel must build scalable service of process systems that strengthen corporate governance and manage risk in real time, says Paul Mathews at Corporation Service Co.

  • 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.

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