Tax

  • November 06, 2026

    Blank Rome Partner, Hotel Founder Disputes $15.6M Tax Bill

    A Blank Rome LLP partner who founded a luxury boutique hotel in Italy told the U.S. Tax Court the IRS improperly determined he owes roughly $15.6 million in taxes and penalties, disputing the agency's assertion that his hotel operations didn't qualify as a business for purposes of claiming expenses.

  • November 06, 2026

    News Site Defamed IRS Worker, She Claims In $10M Suit

    A political news site falsely tied an Internal Revenue Service appeals officer to the agency's 2013 Tea Party-targeting scandal, she alleges in a $10 million defamation suit removed to federal court.

  • November 06, 2026

    Md. Court Rejects Plea To Cut $2.4M Property Valuation

    A Maryland office building should remain valued at $2.37 million even though its anchor tenant did not renew a lease, the state tax court said.

  • November 06, 2026

    Midcycle Valuations OK'd For Md. Homes Under Construction

    Two single-family Maryland dwellings under construction were correctly subject to a midcycle assessment because the properties were substantially complete, the state tax court said, upholding the valuations.

  • November 06, 2026

    Charitable Tax Break Denied For Vacant Md. Property

    A property tax break for a vacant Maryland property whose nonprofit owner intended to develop it as an assisted living and adult daycare facility was denied by the state tax court, which found that the property was not being used for a charitable purpose.

  • November 06, 2026

    MVP: Holland & Knight's Mary McNulty

    Mary McNulty of Holland & Knight was lead tax counsel in ExxonMobil's landmark litigation related to the company's partnership with Qatar and won a consequential appellate decision on the meaning of a limited liability partner, earning her a spot as one of the 2026 Law 360 Tax MVPs.

  • November 06, 2026

    Md. Office Tower Valuation Boosted By $5M

    A 13-story Maryland office building was initially overvalued by a local assessor in 2023 and 2024 but undervalued after a local appeal by the owner, the Maryland Tax Court said, increasing the valuation by about $5 million for each year.

  • November 06, 2026

    Colo. Boosts High-Earner Tax Rates With Graduated System

    Colorado will replace its flat income tax rate with a graduated system, cutting taxes for nearly all residents and boosting rates for high earners to provide more than $2 billion in new annual revenue, under a ballot measure narrowly approved by voters, according to election results posted Friday.

  • November 06, 2026

    Taxation With Representation: Wilson Sonsini, Fenwick

    In this week's Taxation With Representation, Marvell Technology buys data center optics maker Lumentum, defense technology company Shield acquires radar company Echodyne, and CVS Health plans to split into two independent, publicly traded companies.

  • November 05, 2026

    Ritz-Carlton Loses Bid To Cut $122M Colo. Tax Assessment

    A Colorado Court of Appeals panel affirmed a $122 million assessment of a Ritz-Carlton timeshare location, finding Thursday that Colorado law doesn't recognize the fractional-ownership model used at the Colorado mountain property.

  • November 05, 2026

    Trump's Hush Money Conviction Examined By Wary NY Panel

    A New York State appellate court Thursday quizzed attorneys for President Donald Trump and state prosecutors over his hush-money conviction, exploring defense counsel's claims that the district attorney trespassed into federal jurisdiction by charging election violations and trampled on presidential immunity in a case "infected with multiple fatal errors."

  • November 05, 2026

    Tax Court Denies Partnerships' $46.1M Charitable Deductions

    Two Georgia partnerships that formed to buy adjacent tracts of rural, mountainous land in Tennessee improperly claimed charitable contribution deductions of about $26.7 million and $19.4 million, the U.S. Tax Court ruled Thursday, saying the companies failed to obtain a qualified appraisal.

  • November 05, 2026

    Home Depot, Others Fight Bid To Merge Tariff Refund Suits

    Home Depot said it opposed combining every proposed customer class action over increased costs from tariffs into multidistrict litigation, claiming there are too many economic differences between the suits. 

  • November 05, 2026

    Atlanta Tax Boutique Picks Up Former IRS Attorney

    Atlanta-based firm Wiggam Law has expanded its tax law team by adding a former Internal Revenue Service attorney who brings more than 24 years of experience representing taxpayers and the government.

  • November 05, 2026

    IRS Wrongly Rejected $28.8M Easement Claim, Tax Court Told

    The IRS wrongly asserted a roughly $10.6 million income tax underpayment and $4.3 million in penalties against an Alabama partnership, the company told the U.S. Tax Court, disputing the agency's determination that it failed to show it's entitled to a $28.8 million charitable contribution claimed for a conservation easement donation.

  • November 05, 2026

    13 Arrested Over €100M Luxury Car VAT Fraud, EPPO Says

    Thirteen individuals were arrested in Germany and Austria over links to a cross-border value-added tax fraud scheme involving luxury vehicles that caused an estimated €100 million ($112 million) in tax losses, the European Public Prosecutor's Office said Thursday.

  • November 05, 2026

    MVP: Wachtell Lipton's Eiko Stange

    Eiko Stange, a member of Wachtell Lipton Rosen & Katz's tax practice, was lead counsel on OpenAI's corporate restructuring and recapitalization, advised Honeywell on its aerospace business's $72 billion spinoff and oversaw the tax implications of Unilever's $44 billion combination with McCormick, earning him a spot as one of the 2026 Law360 Tax MVPs.

  • November 05, 2026

    IRS Asks 10th Circ. To Uphold Taxes, Penalties On Ranchers

    The U.S. Tax Court properly ruled that an Oklahoma couple owe roughly $260,000 in taxes and penalties because their ranch wasn't operated for profit as they had asserted, the IRS told the Tenth Circuit, saying they lacked a profit motive to claim deductions for their expenses.

  • November 05, 2026

    Virgin Islands Tax Agency Denied Redo In NIIT Dispute

    A U.S. Virgin Islands federal judge declined to rethink his order holding that the territory's residents are exempt from the net investment income tax, ruling that local revenue collectors' disagreement with his reasoning is not grounds for reconsideration.

  • November 05, 2026

    Colo. City's Voters Approve $4K Tax On Vacant Homes

    Vacant residential properties in Boulder, Colorado, will be subject to an excise tax starting at $4,000 annually under a ballot measure the city said was approved by voters.

  • November 05, 2026

    Faegre Drinker Hires Morgan Lewis Tax Specialist In Philly

    Faegre Drinker Biddle & Reath LLP has hired a Morgan Lewis & Bockius LLP tax associate to join its Philadelphia office as a partner working on federal income tax and other tax matters, according to a Wednesday announcement.

  • November 04, 2026

    Goldstein Ordered To Pay Trimmed $1M Forfeiture

    Former SCOTUSblog publisher Tom Goldstein was hit with a $1 million forfeiture order Wednesday by a Maryland federal judge in the wake of his tax and mortgage fraud trial, where the appellate advocate was convicted on a dozen charges.

  • November 04, 2026

    Illinois Tool Co. Disputes $26M Tax Bill, Seeks $32M Refund

    The IRS erred in denying a $739 million capital loss to an Illinois tool company as well as determining it owes more than $26 million in taxes for 2019 through 2021 and denying its request for a $32 million refund for those years, it told the U.S. Tax Court.

  • November 04, 2026

    Wash. Voters Reject Repeal Of Tax On Millionaires

    Washington will allow taxation of individual income and, in turn, keep a recently approved high-earner tax, the state's governor said Wednesday.

  • November 04, 2026

    NY Panel Tosses Challenge To Rollout Of NYC 2nd-Home Tax

    A New York state appeals court threw out a challenge lodged by homeowners to the rollout of New York City's tax on high-value second homes, saying they lacked standing to bring the suit.

Expert Analysis

  • Opinion

    Judges Must Turn To Merits Earlier To Fix Civil Justice System

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    The U.S. justice system is long overdue for a cultural shift that encourages judges to engage with the merits of a case from the outset, which would help to cut through procedural complexities and deliver high-quality justice efficiently and at lower cost, says Steven Kayman at Rottenberg Lipman.

  • Series

    Open-Water Swimming Makes Me A Better Lawyer

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    Swimming long distances in open waters is not necessarily an escape from my intellectual property practice, but a complementary discipline that similarly rewards sustained attention, intellectual curiosity, resilience and the ability to pursue a distant objective without losing command of the immediate task, says Christina MacDougall at Morgan Lewis.

  • Opinion

    The Invisible AI Danger That May Undermine Legal Profession

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    A public database tracking cases involving hallucinations generated by artificial intelligence recently surpassed 2,200 entries, but the bigger risk underlying attorneys’ use of such tools is that they will slowly surrender their judgment to AI and lose analytical skills, says Massachusetts District Court Associate Justice Brian Palmucci.

  • How AI Could Help Judges Spot Their Own Biases

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    In close cases where there’s room for discretion, artificial intelligence could challenge judges’ implicit biases by running counterfactual tests at scale — but any judicial use of such tools would need guardrails, say Arnold Peter at Peter Law and Nancy Rapoport at University of Nevada.

  • 3 Strategies To Reduce AI Sycophancy In Legal Work

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    The tendency of generative artificial intelligence models to tell users what they want to hear can reinforce attorneys’ confirmation bias when testing the strength of arguments, and it can’t simply be prompted away — but a few practices can help mitigate it, says Michael Ott at Ice Miller.

  • DOJ Directive Gives Contractors A Fraud Risk Road Map

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    For government contractors, the 10 factors described in the U.S. Department of Justice's recent corporate fraud enforcement directive function as a de facto scoring rubric for internal audits that mirrors what prosecutors will prioritize, say attorneys at Spencer Fane.

  • 2nd Circ. EFAA Ruling Shifts Employer Litigation Strategy

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    In Diaz-Roa v. Hermes Law, the Second Circuit recently held that, under the Ending Forced Arbitration of Sexual Assault and Sexual Harassment Act, employers can't carve out nonharassment claims and send them to arbitration, which has implications for discovery, litigation costs and resolution strategy in EFAA-covered disputes, say attorneys at Krevolin Horst.

  • The Future Of PCAOB Enforcement After Post-Jarkesy Win

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    While the Public Company Accounting Oversight Board recently defeated procedural and structural challenges to its enforcement program in D.C. federal court, it's unclear what claims and sanctions the PCAOB can bring against respondents — and whether it's interested in instituting disciplinary proceedings generally, says Mike Plotnick at King & Spalding.

  • IRS Rule May Put Private Schools' Exempt Status At Risk

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    In light of recently proposed Treasury regulations that would narrow the options for diversifying student communities, private schools should reexamine how race enters their admissions, financial aid and student programs or risk losing tax-exempt status, say attorneys at Atkinson Andelson.

  • Series

    Being In The Peace Corps Made Me A Better Lawyer

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    When I served in the Peace Corps, the people of the West African village where I was stationed helped me acclimate to my new surroundings and enabled me to develop problem-solving, teamwork and empathy skills that have bolstered my legal practice far beyond the ability to offer technical advice, says Brian Bewley at McGuireWoods.

  • Tariffs Could Be Behind Surge In FTZ Production Filings

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    As tariffs reshape production sourcing decisions, manufacturers are seeking foreign trade zone production authority at more than twice last year's pace, making it important to consider the potential duty and export benefits, along with review delays and restrictions that can curb savings, say attorneys at Sidley.

  • Tracking The 2027 Va. Bills That May Tighten Data Center Regs

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    Data center developers and operators should monitor Virginia legislation responding to the state's new data center accountability framework, local moratoria and the end of an electricity consumption tax, which could change review thresholds, impose new energy rules and slow the approval process, say attorneys at Holland & Knight.

  • Where DOJ's Fraud Directive May Actually Affect Enforcement

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    The U.S. Department of Justice’s recent directive outlining corporate fraud enforcement priorities is mostly a management document instead of a policy, but one part may actually undermine the directive's goals by leading to worse outcomes for organizational defendants and less corporate self-disclosure, says Zachary Warren at Williams & Connolly.

  • Transfer Pricing Analyses May Apply To Tariff Refunds Claims

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    Both plaintiffs and defendants in consumer class actions over tariff refunds should examine transfer pricing analyses, which can offer contemporaneous evidence as to how much of a tariff was borne in the U.S. by the importer or consumers rather than absorbed earlier in the supply chain, say economists at The Brattle Group.

  • Importer Risk Rises As AI Enters Trade Fraud Enforcement

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    The Trump administration's new data-driven and artificial intelligence-enabled push against tariff evasion raises the stakes for companies with global supply chains, making it crucial that they consider strengthening response protocols, documentation and internal reporting mechanisms, say attorneys at Cooley.

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