Tax

  • September 16, 2025

    Mass. Tax Board Cuts Value Of Biz's Condos Based On Sales

    The assessed values of two condominium units in Massachusetts were reduced by the state Appellate Tax Board in a decision released Tuesday, after the board found that both were overvalued when compared with similar properties.

  • September 16, 2025

    Cadwalader Hires Trans-Atlantic Katten Private Wealth Partner

    An international private wealth partner from Katten Muchin Rosenman LLP has jumped to Cadwalader Wickersham & Taft LLP as a partner in the firm's London and New York offices, Cadwalader announced Tuesday.

  • September 16, 2025

    Mass. Board Reduces Tax Value Of Educational Property

    A multiuse educational facility was overvalued by a local assessor, the Massachusetts Appellate Tax Board said in a decision released Tuesday, cutting its valuation by about $400,000.

  • September 16, 2025

    Brewer Denounces Gov't Home Distilling Ban In 6th Circ.

    A brewery owner challenging the U.S. tax code's ban on home distilleries criticized the government's claim that he isn't hurt enough by the prohibition to warrant a suit, telling the Sixth Circuit that the ban prevents him from making whiskey at home and renders him ineligible for a distilling permit.

  • September 15, 2025

    Tom Goldstein Can't Pay Attys With 'Tainted Funds,' DOJ Says

    Indicted appellate luminary Tom Goldstein cannot cover his legal bills by selling his multimillion-dollar home, because it's a "tainted asset" worth "far less" than his attorney fees, the U.S. Department of Justice said in a blistering court filing, adding that Goldstein may flee the country as his reputation and marriage collapse.

  • September 15, 2025

    IRS Finalizes Retirement Savings Catch-Up Rules

    The IRS released final regulations Monday that would allow workers reaching retirement age to catch up on their savings by making additional contributions above the annual limits to their employer-sponsored retirement plans, including a requirement for high earners to designate those additional funds as Roth contributions.

  • September 15, 2025

    Comcast Says Wash. State Tax Unfairly Targets Online Ads

    Washington state's new law imposing sales tax on certain advertising services violates the federal Internet Tax Freedom Act and the U.S. Constitution, Comcast said in a complaint obtained Monday by Law360.

  • September 15, 2025

    House Panel To Consider Retirement, Tribal Workforce Bills

    A House panel announced plans Monday to advance several workforce and retirement-related bills later this week, including legislation that would require new reporting from the U.S. Department of Labor's employee benefits arm on information-sharing agreements and a bill to exempt tribal governments from federal wage laws.

  • September 15, 2025

    Tainted Evidence Sank Atty's Tax Court Case, 6th Circ. Told

    The U.S. Tax Court relied on tainted evidence from the IRS when it affirmed the agency's denial of an Ohio attorney's attempt to deduct a theft loss and related legal expenses, he told the Sixth Circuit, urging it to reverse the lower court's ruling.

  • September 15, 2025

    S. Korea Ditches Plan To Widen Gains Tax On Stock Transfers

    South Korea's government is abandoning plans to lower a threshold for its capital gains tax on stock transfers, which would have made more shareholders liable, after receiving negative feedback from markets, the country's finance ministry said Monday.

  • September 15, 2025

    Court Urged To Block Offshore Asset Freeze In $28M Tax Row

    The federal government's claim that a beneficiary of offshore trusts is likely to spend down assets to avoid a $28 million tax bill lacks evidence, the beneficiary argued in urging a Florida federal court not to freeze his accounts.

  • September 12, 2025

    Justices' Tariff-Suit Review Halts Case In Texas Federal Court

    A Texas federal court has postponed further proceedings in a suit challenging President Donald Trump's emergency tariffs until the U.S. Supreme Court considers matters involving similar claims that were taken under review earlier this week.

  • September 12, 2025

    Family Of Businessman Must Face $80M Tax Scheme Claims

    A theater businessman's descendants and extended family cannot avoid claims by the U.S. accusing them of knowingly engaging in an $80 million tax shelter scheme to sell their shares of the family holding company, a New York federal judge ruled, declining to toss the suit.

  • September 12, 2025

    Boston Activist Eyes Plea In Charity Fraud Case

    A prominent Boston anti-violence activist asked a federal judge on Friday to schedule a change of plea hearing in a case alleging she misused donations to a nonprofit and pandemic assistance funds for housing, travel, dining and other personal expenses.

  • September 12, 2025

    Taxation With Representation: Felesky Flynn, Gibson, Kirkland

    In this week's Taxation With Representation, copper mining companies Anglo American and Teck Resources plan to merge, EchoStar agrees to sell spectrum licenses to SpaceX, and Diversified Energy acquires fellow energy operator Canvas.

  • September 12, 2025

    Customs Duties 2nd Largest US Revenue Source In August

    Customs duties, including tariffs, were the second-largest contributor to federal revenues in August, raising $30 billion, the U.S. Treasury Department said in a monthly statement.

  • September 12, 2025

    French Court Rejects Challenge To Digital Services Tax

    France's digital services tax is consistent with the country's constitution, the country's Constitutional Council said Friday in a decision that rejected arguments put forward by several companies concerning the effects of its design.

  • September 12, 2025

    Another Investor Settles In $2.1B Danish Tax Fraud Case

    A U.S. investor and two of his alleged pension plans have settled claims by Denmark's tax agency accusing them of participating in a $2.1 billion scheme that fraudulently claimed refunds on tax withheld from stock dividends, with a New York federal court dismissing the allegations.

  • September 12, 2025

    Title Group Says FinCEN Erred In Rule On All-Cash Resi Deals

    The American Land Title Association told a Florida federal judge that the U.S. Department of the Treasury's Financial Crimes Enforcement Network underestimated the costs and overestimated the benefits of a rule imposing new reporting requirements on all-cash residential real estate transactions.

  • September 12, 2025

    Minn. Industrial Property Value Cut $2M By Tax Court

    The Minnesota Tax Court dropped the value of an industrial property from $27 million to $24.9 million, agreeing with the owner's claim of an unequal assessment.

  • September 12, 2025

    Troutman Adds Robinson Bradshaw Benefits Pro

    Troutman Pepper Locke LLP has grown its tax and benefits practice group in North Carolina with the addition of a Robinson Bradshaw & Hinson PA attorney.

  • September 11, 2025

    Full Tax Court Limits Deduction For Cannabis Biz Owners

    Co-owners of two cannabis businesses owe $1 million in taxes because the wages they paid are rendered ineligible for a business income deduction for pass-throughs by a ban on deductions for companies that traffic in controlled substances, the full U.S. Tax Court ruled Thursday.

  • September 11, 2025

    Declining Corp. Tax Rate Trend Shows Reversal, OECD Finds

    A downward trend in corporate income tax rates among OECD members and other jurisdictions that lasted for decades showed further signs of reversing last year, yet countries continued a long-standing practice of narrowing their corporate tax bases, the organization said Thursday in a report.

  • September 11, 2025

    Pa. Justices Seek Fair Process For Picking Tax Appeals

    Pennsylvania's Supreme Court grappled Thursday with whether a school district's tax assessment appeals ran afoul of prior rulings upholding the uniformity clause of the state Constitution, suggesting that any criteria for choosing appeals might favor one kind of property over another.

  • September 11, 2025

    Montana Tribe Members Ask To Join Justices' Tariff Suit Review

    Members of the Blackfeet Nation have asked the U.S. Supreme Court to join its review of cases challenging President Donald Trump's emergency tariffs, telling the justices that their arguments' inclusion in the matter is essential to support tribal rights under federal law.

Expert Analysis

  • Series

    Running Marathons Makes Me A Better Lawyer

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    After almost five years of running marathons, I’ve learned that both the race itself and the training process sharpen skills that directly translate to the practice of law, including discipline, dedication, endurance, problem-solving and mental toughness, says Lauren Meadows at Swift Currie.

  • Series

    Law School's Missed Lessons: Supporting A Trial Team

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    While students often practice as lead trial attorneys in law school, such an opportunity likely won’t arise until a few years into practice, so junior associates should focus on honing skills that are essential to supporting a trial team, including organization, adaptability and humility, says Lucy Zelina at Tucker Ellis.

  • Series

    Adapting To Private Practice: From US Attorney To BigLaw

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    When I transitioned to private practice after government service — most recently as the U.S. attorney for the Eastern District of Virginia — I learned there are more similarities between the two jobs than many realize, with both disciplines requiring resourcefulness, zealous advocacy and foresight, says Zach Terwilliger at V&E.

  • Opportunity Zone Revamp Could Improve The Program

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    If adopted, the budget bill's new iteration of the opportunity zone program could renew, refine and enhance the effectiveness and accountability of the original program by including structural reforms, expanded eligibility rules and incentives for rural investment, say attorneys at Pillsbury.

  • The Ins And Outs Of Consensual Judicial References

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    As parties consider the possibility of judicial reference to resolve complex disputes, it is critical to understand how the process works, why it's gaining traction, and why carefully crafted agreements make all the difference, say attorneys at Pillsbury.

  • Opinion

    The BigLaw Settlements Are About Risk, Not Profit

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    The nine Am Law 100 firms that settled with the Trump administration likely did so because of the personal risk faced by equity partners in today's billion‑dollar national practices, enabled by an ethics rule primed for modernization, says Adam Forest at Scale.

  • House Bill Tax Tweaks Would Hinder Renewable Projects

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    Provisions in the budget reconciliation bill recently passed by the U.S. House of Representatives would rapidly phase out clean energy tax credits, constrain renewable energy financing arrangements and impose sweeping restrictions on projects with foreign ties, which may create compliance and supply chain issues for many developers, say attorneys at Paul Hastings.

  • Series

    Brazilian Jiujitsu Makes Me A Better Lawyer

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    Competing in Brazilian jiujitsu – often against opponents who are much larger and younger than me – has allowed me to develop a handful of useful skills that foster the resilience and adaptability necessary for a successful legal career, says Tina Dorr of Barnes & Thornburg.

  • Series

    Power To The Paralegals: An Untapped Source For Biz Roles

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    Law firms looking to recruit legal business talent should consider turning to paralegals, who practice several key skills every day that prepare them to thrive in marketing and client development roles, says Vanessa Torres at Lowenstein Sandler.

  • How Trucking Cos. Can Keep Rolling Under Tariff Burdens

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    Recent Trump administration tariffs present major challenges for the transportation and logistics sector — and, in particular, trucking — but providers who focus on operational efficiency, cost control, customer relationships, creative contract structures and unique offerings will stand out from the competition, say attorneys at Benesch.

  • Series

    Playing Poker Makes Me A Better Lawyer

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    Poker is a master class in psychology, risk management and strategic thinking, and I’m a better attorney because it has taught me to read my opponents, adapt when I’m dealt the unexpected and stay patient until I'm ready to reveal my hand, says Casey Kingsley at McCreadyLaw.

  • Ch. 7 Marshaling Ruling Rests On Shaky Legal Grounds

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    In its recent holding in a Chapter 7 bankruptcy case that marshaling may not be applied against the IRS, a Texas federal court misapplied a bankruptcy code section and case law, leaving a draconian decision that could limit the scope of a powerful equitable estate tool, says Brian Shaw at Cozen O'Connor.

  • 3 Tax Issues Manufacturers Should Watch In 2025 Budget Bill

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    As Congress works toward a budget reconciliation bill, manufacturing companies should keep a keen eye on proposals to change bonus depreciation, the qualified business income deduction and energy tax credits, which could have a significant impact on capital-intensive industries, say attorneys at Frost Brown Todd.

  • Series

    Law School's Missed Lessons: Becoming A Firmwide MVP

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    Though lawyers don't have a neat metric like baseball players for measuring the value they contribute to their organizations, the sooner new attorneys learn skills frequently skipped in law school — like networking, marketing, client development and case evaluation — the more valuable, and less replaceable, they will be, says Alex Barnett at DiCello Levitt.

  • $38M Law Firm Settlement Highlights 'Unworthy Client' Perils

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    A recent settlement of claims against law firm Eckert Seamans for allegedly abetting a Ponzi scheme underscores the continuing threat of clients who seek to exploit their lawyers in perpetrating fraud, and the critical importance of preemptive measures to avoid these clients, say attorneys at Lockton Companies.

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