Federal

  • August 31, 2026

    Investors Can't Escape Danish Tax Fraud Case, 2nd Circ. Says

    Four investors and their pension plans owe $476 million for their role in a tax fraud scheme against the Danish government, the Second Circuit affirmed Monday, rejecting the investors' contention that they are beyond the reach of Danish revenue collectors.

  • August 31, 2026

    Levi Strauss Buyer Seeks Refund After Trump Tariffs Tossed

    Levi Strauss & Co. has yet to provide a way for its customers to get refunds of unlawful tariff-related costs they had to pay for imported goods affected by President Donald Trump's since-invalidated global "tariff regime," alleges a proposed class action filed in Louisiana federal court Friday. 

  • August 31, 2026

    Avalara Investors Suing Over $8.4B Buyout Win Class Cert.

    A Washington federal judge granted class certification to investors in tax software company Avalara in a suit alleging it misled investors ahead of an $8.4 billion deal to take the company private.

  • August 31, 2026

    Canada, France Treaties Don't Ax Investment Tax, Court Says

    U.S. tax treaties with Canada and France don't shield taxpayers from the net investment income tax because the treaties' foreign tax credits are subject to limitations in the Internal Revenue Code, the Court of Appeals for the Federal Circuit said Monday, reversing two decisions.

  • August 31, 2026

    Tax Court Says Trader Didn't Aid In $7.3B IRS Probe

    A U.S. Tax Court judge rejected a former stock trader's claim for a whistleblower award Monday, saying he did not play a significant role in Internal Revenue Service investigations into digital option tax shelters that recovered at least $7.3 billion.

  • August 31, 2026

    Trump Opening 1st Round Of Tariff-Free Ground Beef Tuesday

    The first 100,000 of a total 300,000 metric tons of ground beef that can be imported into the U.S. without an added tariff can enter into the country starting Sept. 1, according to a proclamation published Monday.

  • August 31, 2026

    IRS Enforcement, Audit Revenues Fell In 2025, TIGTA Says

    The Internal Revenue Service brought in $4.9 billion less in revenue in fiscal year 2025 compared to 2024, mostly because of a 35% decline in revenue stemming from examinations, the Treasury Inspector General for Tax Administration said in a report published Monday.

  • August 28, 2026

    Miami Developer Fights New Orleans' Bid To Transfer Ch. 11

    A Miami-based developer is fighting New Orleans' attempt to transfer his company's Chapter 11 proceeding to Louisiana, telling a Florida federal bankruptcy judge that the case should stay put because the case has already been extensively litigated.

  • August 28, 2026

    Groups Urge 5th Circ. To Review Churches' Political Activity

    Federal courts can review the IRS' proposed settlement to allow churches to engage in political activities without losing their tax-exempt status, religious liberty groups told the Fifth Circuit, asking the appeals court to revive a case that was dismissed for lack of jurisdiction.

  • August 28, 2026

    Medical Marijuana Industry Grapples With DEA's New Role

    After years of allowing the state-sanctioned medical marijuana industry to operate without interference, the U.S. Drug Enforcement Administration is stepping in to regulate a drug it once treated exclusively as contraband, but attorneys and regulators say the cannabis industry's interactions with the agency are off to a rocky start.

  • August 28, 2026

    Trump Denied New Bid To Federalize Hush Money Prosecution

    A New York federal judge on Friday again denied President Donald Trump's bid to move his criminal hush money conviction out of state court, finding as he did earlier that a federal law defense that Trump was operating in his official capacity would be meritless.

  • August 28, 2026

    IRS Corrects Proposed Regs On Foreign Tax Rules

    The Internal Revenue Service issued a notice Friday to correct several aspects of proposed regulations issued this month that relate to allocating foreign taxes following the repeal of a deferral election and the disallowance of foreign tax credits on certain distributions of previously taxed earnings.

  • August 28, 2026

    Weekly Internal Revenue Bulletin

    The Internal Revenue Service's weekly bulletin, released Friday, included a safe harbor for the carbon sequestration tax credit's reporting requirements that will apply to a method that uses carbon oxide used as a tertiary injectant in qualified oil and gas extraction projects.

  • August 28, 2026

    Siemens To Defend Restructuring, $3.5B Deduction At Trial

    A U.S. subsidiary of German conglomerate Siemens is preparing to defend a $3.5 billion deduction stemming from transactions that the company said were needed to integrate a 2017 acquisition into its software business unit when its U.S. Tax Court trial begins Monday.

  • August 27, 2026

    Grocers' Microcaptive Valid For Tax Benefits, 7th Circ. Told

    Chicagoland grocery chain owners' in-house insurance arrangement is a valid insurance transaction "and should be respected as such," they told the Seventh Circuit, saying their business should be allowed to claim microcaptive tax benefits to reduce its taxable income.

  • August 27, 2026

    Couple Did Not Back Up Business Deductions, Tax Court Says

    An Idaho couple with several businesses, including an accounting company, rental properties and horse breeding, failed to properly substantiate their deduction claims for related expenses such as travel, meals and entertainment, a U.S. Tax Court judge ruled Thursday.

  • August 27, 2026

    Tax Court Won't Add Docs In Whistleblower Award Row

    A self-proclaimed whistleblower cannot expand the administrative record in his fight for an award denied by the Internal Revenue Service because he hasn't shown the additions he proposed are necessary, the U.S. Tax Court said Thursday.

  • August 27, 2026

    Canadian Charity Loses Bid For Dividend Tax Refund From US

    A Canadian charity cannot receive a tax refund from the Internal Revenue Service for U.S.-sourced dividend income from a unit trust because the U.S.-Canada tax treaty doesn't grant Canadian unit trusts that benefit, the United States Court of Federal Claims ruled.

  • August 27, 2026

    Claims Court Halts BMW's $38M Tax Bid Over COVID Tolling

    The U.S. Court of Federal Claims paused reviewing luxury automaker BMW's $38.4 million tax refund suit until an appeals court issues a decision in a similar case over the tolling of a COVID-19-era filing deadline.

  • August 27, 2026

    IRS Should Improve Retrieval Of Workers' Tech, TIGTA Says

    The IRS should improve its process for retrieving information technology assets such as laptops, portable printers and smartphones from employees who leave the agency, the Treasury Inspector General for Tax Administration said in a report released Thursday.

  • August 27, 2026

    UN Cross-Border Tax Draft Risks Double Taxation, NFTC Says

    A proposed cross-border services tax framework from the United Nations could lead to double taxation due to its wide-ranging scope and broad sourcing rules, the National Foreign Trade Council said.

  • August 27, 2026

    Tax Pro Avoids Jail For Role In 'Singapore Solution' Fraud

    A New York federal judge on Thursday allowed an English national to avoid prison for facilitating a $60 million tax evasion scheme, after he admitted helping wealthy clients move money from a Swiss bank through his Hong Kong financial services business.

  • August 27, 2026

    NY Lawyer's Wage, Bias Suit Tossed Over Venue

    A New York federal judge has tossed an attorney's wage and hour and race discrimination suit against Oklahoma-based Arnold & Smith Law, finding that the Eastern District of New York was the wrong venue because the events underlying her federal claims occurred elsewhere.

  • August 26, 2026

    Eric Adams' Onetime Aide Says Feds' Bribery Rap Is Too Thin

    A former chief of staff to ex-New York Mayor Eric Adams told a federal judge Tuesday that prosecutors' claims that a hotel owner secured a $6.8 million migrant housing contract by papering City Hall with bribes is woefully short on detail, and the government should be ordered to flesh it out.

  • August 26, 2026

    4 Factors That May Decide Success Of IRS Easement Office

    As practitioners scrambled to meet deadlines to settle clients' disputes over conservation easement tax deductions, the IRS made a surprise announcement this month that it would establish an office to solely focus on such cases. Here, Law360 looks at how four factors will affect whether the IRS achieves its stated plans for the office.

Expert Analysis

  • Advice For 1st-Gen Lawyers Entering The Legal Profession

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    Nikki Hurtado at The Ferraro Law Firm tells her story of being a first-generation lawyer and how others who begin their professional journeys without the benefit of playbooks handed down by relatives can turn this disadvantage into their greatest strength.

  • UK's 1st ICSID Claim Shows Bilateral Investment Treaty Reach

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    For the first time, the U.K. is facing a claim under the International Centre for Settlement of Investment Disputes Convention, underscoring the broader reality that treaty protections are no longer confined to investors in emerging markets, says Philipp Kurek at Signature Litigation.

  • Trump Tax Law's Most Impactful Corp. And Individual Changes

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    The One Big Beautiful Bill Act built on and reshaped elements of the Tax Cuts and Jobs Act, including business interest deductions, bonus depreciation and personal income relief, delivering substantial changes to both corporate and individual tax policy, say attorneys at Weil.

  • From Clerkship To Law Firm: 5 Transition Tips For Associates

    Excerpt from Practical Guidance
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    Transitioning from a judicial clerkship to an associate position at a law firm may seem daunting, but by using knowledge gained while clerking, being mindful of key differences and taking advantage of professional development opportunities, these attorneys can flourish in private practice, say attorneys at Lowenstein Sandler.

  • Trump Tax Law's Most Consequential International Changes

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    The international tax provisions in the One Big Beautiful Bill Act may result in higher effective tax rates for some multinational corporations, but others, particularly those operating in low-tax jurisdictions, may benefit from alignment with global anti-profit shifting efforts, say attorneys at Weil.

  • Associates Can Earn Credibility By Investing In Relationships

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    As the class of 2025 prepares to join law firms this fall, new associates must adapt to office dynamics and establish credible reputations — which require quiet, consistent relationship-building skills as much as legal acumen, says Kyle Forges at Bast Amron.

  • Lessons From 7th Circ.'s Deleted Chat Sanctions Ruling

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    The Seventh Circuit’s recent decision in Pable v. Chicago Transit Authority, affirming the dismissal of an ex-employee’s retaliation claims, highlights the importance of properly handling the preservation of ephemeral messages and clarifies key sanctions issues, says Philip Favro at Favro Law.

  • What 2 Profs Noticed As Transactional Law Students Used AI

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    After a semester using generative artificial intelligence tools with students in an entrepreneurship law clinic, we came away with numerous observations about the opportunities and challenges such tools present to new transactional lawyers, say professors at Cornell Law School.

  • BigLaw Settlements Should Not Spur Ethics Deregulation

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    A recent Law360 op-ed argued that loosening law firm funding restrictions would make BigLaw firms less inclined to settle with the Trump administration, but deregulating legal financing ethics may well prove to be not merely ineffective, but counterproductive, says Laurel Kilgour at the American Economic Liberties Project.

  • 5 Ways Lawyers Can Earn Back The Public's Trust

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    Amid salacious headlines about lawyers behaving badly and recent polls showing the public’s increasingly unfavorable view of attorneys, we must make meaningful changes to our culture to rebuild trust in the legal system, says Carl Taylor at Carl Taylor Law.

  • Legal Jeopardy Looms Over Trump's Trade Negotiation Plans

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    Even as the Trump administration announces one trade deal after another, the legal authority of the executive branch to impose tariffs under consensual arrangements with leading trading partners is just as debatable as the unilateral imposition of U.S. tariffs under the president's executive orders, says Jeffrey Bialos at Eversheds Sutherland.

  • Opportunity Zone Overhaul Is Good News For Investors

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    Recently enacted reforms making the qualified opportunity zone program permanent, restoring the basis step-up for capital gains and adding flexibility to the zone designation process enhance the program’s appeal for long-term investment, says Steven Hadjilogiou at McDermott.

  • White House Report Strikes An Optimistic Note On Crypto

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    Taking seriously President Donald Trump's pledge to adopt a pro-innovation mindset toward digital assets and blockchain technologies, a recent benchmark White House report on crypto provides a comprehensive regulatory framework that takes into account the products' novel characteristics within the high-tech ecosystem, say attorneys at Davis Wright.

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