Federal

  • February 14, 2025

    4th Circ. Rejects IRS Worker's Discrimination Claims

    A Maryland federal court was right to reject claims by a Vietnam-born Internal Revenue Service employee who said she was discriminated against when managers disciplined her for insubordination, the Fourth Circuit ruled Friday, saying she failed to prove other employees were treated differently.

  • February 14, 2025

    Tariffs On Drugs And Chips May Not Bring Makers Stateside

    The White House's planned tariffs on semiconductors, computer chips and pharmaceuticals are likely to raise prices for consumers and businesses, but won't necessarily lead to the president's stated goal of growing domestic manufacturing, attorneys and others told Law360.

  • February 14, 2025

    GOP Renews Push For Estate Tax Repeal For Farms, Small Biz

    Congressional Republicans reintroduced legislation that would repeal the federal estate tax on property transferred to heirs, marshaling more than 200 sponsors in the House and Senate and identifying family farms and small businesses as standing to benefit.

  • February 14, 2025

    Weekly Internal Revenue Bulletin

    The Internal Revenue Service's weekly bulletin, issued Friday, included finalized rules establishing a new predominant character test for transactions involving digital content and cloud computing.

  • February 14, 2025

    Judge Leaves Curbs On DOGE Treasury Access After Hearing

    A Manhattan federal judge left in place temporary curbs on sweeping powers handed by President Donald Trump to Elon Musk's government-slashing U.S. DOGE Service Temporary Organization, after 19 states challenged the organization's access to U.S. Treasury payment systems.

  • February 13, 2025

    House Dems Push Against GOP's Proposed Tax Cuts

    House Budget Committee Republicans on Thursday passed a resolution that would allow for the passage of up to $4.5 trillion in tax cuts and the repeal of the Inflation Reduction Act.

  • February 13, 2025

    Tax Atty's Firing Not Due To Husband's Testimony, Judge Says

    A man failed to prove that his testimony against a Connecticut Department of Revenue Services official during a state legislative hearing cost his high-level tax attorney wife her job, a federal judge has ruled, issuing a win to two agency leaders.

  • February 13, 2025

    FedEx Avoids Haircut In $85M Tax Credit Fight

    The Internal Revenue Service cannot put a haircut on nearly $85 million in tax credits claimed by FedEx for foreign taxes it paid on overseas earnings because statutory law forbids it, a Tennessee federal court ruled Thursday.  

  • February 13, 2025

    Tax Fraud Suspect Fights Detention Over New Charges

    A man accused of operating an abusive tax shelter whose bond was revoked after a federal judge said he may have committed additional crimes while awaiting trial asked a Colorado federal court Thursday to reconsider detaining him, saying the government had long been investigating those additional allegations.

  • February 13, 2025

    Trump Reciprocal Tariff Plan Could Spur Supply 'Nightmares'

    The U.S. will explore imposing reciprocal tariffs that equal rates levied by other countries importing American products, President Donald Trump announced Thursday, a move some experts worry will lead to "compliance nightmares" and COVID-level disruptions to supply chains.

  • February 13, 2025

    US Ignores Reality In $13M Debt Deduction Spar, 9th Circ. Told

    A business owner who claims the U.S. Tax Court wrongly barred him from taking a $13 million deduction for worthless debt told the Ninth Circuit that the federal government is ignoring economic realities surrounding the tax laws at issue in the case.

  • February 13, 2025

    IRS Updates Discount Factors For Unpaid Insurance Losses

    The Internal Revenue Service released discount factors Thursday for insurance companies to use to calculate unpaid losses for 2024 and earlier accident years.

  • February 13, 2025

    Musk Must Pay Up For Illegal Access To Data, Class Suit Says

    Elon Musk should be forced to compensate taxpayers and recipients of government benefits after gaining access to federal databases housing their data, a proposed class told a D.C. federal court, saying the billionaire violated the Computer Fraud and Abuse Act.

  • February 13, 2025

    DOJ Seeks Sanctions Against Widow In FBAR Fight

    A widow defending her husband's estate against a $275,000 claim alleging he didn't disclose his Indian bank account to the Internal Revenue Service should be sanctioned for not complying with court-ordered discovery, the U.S. government told a New York federal court.

  • February 13, 2025

    Goldstein Freed As Judge Doubts Feds' Crypto Claims

    A Maryland federal magistrate judge on Thursday ordered Tom Goldstein released from jail after expressing skepticism toward federal prosecutors' claims that the SCOTUSblog publisher and U.S. Supreme Court advocate secretly made millions of dollars' worth of cryptocurrency transactions in recent days.

  • February 12, 2025

    Republican Senators Float Ending EV Tax Credits

    Republican lawmakers in the Senate on Wednesday unveiled a bill that would end electric vehicle and charging station tax credits that they dubbed "reckless."

  • February 12, 2025

    Bipartisan Bills To Update IRS Practices Pass House Panel

    The House Ways and Means Committee unanimously approved several bipartisan bills Wednesday, including legislation that would require the IRS to update its process for notifying individuals of adjustments to their tax returns and codify the National Taxpayer Advocate's ability to hire its own attorneys.

  • February 12, 2025

    Tax Court Rejects Couple's Bid To Deduct $2.1M Loss

    A California couple cannot claim tax deductions for losing $2.1 million tied to real estate and business investments in Indiana, the U.S. Tax Court said Wednesday, saying the taxpayers failed to provide evidence supporting those capital losses.

  • February 12, 2025

    IRS Issues Corp. Bond Monthly Yield Curve For Feb.

    The Internal Revenue Service published on Wednesday the corporate bond monthly yield curve for February for use in calculations for defined benefit plans, as well as corresponding segment rates and other related provisions.

  • February 12, 2025

    Fenwick Brings On IRS Trial Attorney In Seattle

    Fenwick & West LLP has added an attorney from the Internal Revenue Service's Office of Chief Counsel to its Seattle office, the firm announced.

  • February 12, 2025

    Treasury Chief Exempt From Block On DOGE's System Access

    A New York federal judge clarified that an order blocking Elon Musk and members of his Department of Government Efficiency team from accessing U.S. Treasury Department payment systems does not apply to Treasury Secretary Scott Bessent.

  • February 12, 2025

    KPMG Taps Walmart Executive For General Counsel

    A top executive for Walmart is leaving the retail giant at the end of the month to join the leadership ranks of KPMG LLP, one of the Big Four accounting firms, as general counsel.

  • February 12, 2025

    Winthrop & Weinstine Brings In Tax Counsel Duo As Co-Chairs

    Minneapolis-based Winthrop & Weinstine PA has added tax attorneys from Kirkland & Ellis LLP and Shartsis Friese LLP to become shareholders of the firm and co-chairs of its tax practice, the firm announced Wednesday.

  • February 12, 2025

    Sidley Litigator Tapped For Treasury GC Post

    President Donald Trump has nominated Sidley Austin LLP regulatory litigation and white collar partner Brian P. Morrissey to become the U.S. Department of the Treasury's top lawyer, which would mark a return to the department where he was previously the number two lawyer.

  • February 12, 2025

    Duane Morris Leader Sees A Looming Tariff 'Tax' Debate

    With price increases for certain construction materials likely coming as a result of new tariffs from the White House, contractors may start to make a tax argument in efforts to avoid shelling out additional money for projects, one of Duane Morris LLP's construction leaders told Law360 Real Estate Authority in a recent interview.

Expert Analysis

  • Ex-Chicago Politician's Case May Further Curb Fraud Theories

    Author Photo

    The U.S. Supreme Court recently agreed to hear Thompson v. U.S. to determine whether a statement that is misleading but not false still violates federal law, potentially heralding the court’s largest check yet on prosecutors’ expansive fraud theories, with significant implications for sentencing, say attorneys at the Law Offices of Alan Ellis.

  • Lawyers With Disabilities Are Seeking Equity, Not Pity

    Author Photo

    Attorneys living with disabilities face extra challenges — including the need for special accommodations, the fear of stigmatization and the risk of being tokenized — but if given equitable opportunities, they can still rise to the top of their field, says Kate Reder Sheikh, a former attorney and legal recruiter at Major Lindsey & Africa.

  • Judicial Committee Best Venue For Litigation Funding Rules

    Author Photo

    The Advisory Committee on Civil Rules' recent decision to consider developing a rule for litigation funding disclosure is a welcome development, ensuring that the result will be the product of a thorough, inclusive and deliberative process that appropriately balances all interests, says Stewart Ackerly at Statera Capital.

  • The Strategic Advantages Of Appointing A Law Firm CEO

    Author Photo

    The impact on law firms of the recent CrowdStrike outage underscores that the business of law is no longer merely about providing supplemental support for legal practice — and helps explain why some law firms are appointing dedicated, full-time CEOs to navigate the challenges of the modern legal landscape, says Jennifer Johnson at Calibrate Strategies.

  • Tariffs' Economic Downsides Outweigh Potential Revenue

    Author Photo

    Import tariffs proposed by the campaign of former president Donald Trump would generate revenue like other taxes, but policymakers must consider the net-negative impact of associated consumer and downstream-industry costs, harm to exporters, potential foreign retaliation and reduction in economic output, says Erica York at the Tax Foundation.

  • Navigating The Last Leg Of The Worker Retention Tax Credit

    Author Photo

    Whether a business has applied for the pandemic-era employee retention tax credit, received a denial letter or is still considering making a claim before the April 15 deadline, it should examine recent developments significantly affecting the program before planning next steps, say attorneys at Nixon Peabody.

  • How Cos. Can Build A Strong In-House Pro Bono Program

    Author Photo

    During this year’s pro bono celebration week, companies should consider some key pointers to grow and maintain a vibrant in-house program for attorneys to provide free legal services for the public good, says Mary Benton at Alston & Bird.

  • Home Canning Makes Me A Better Lawyer

    Author Photo

    Making my own pickles and jams requires seeing a process through from start to finish, as does representing clients from the start of a dispute at the Patent Trial and Appeal Board through any appeals to the Federal Circuit, says attorney Kevin McNish.

  • Use The Right Kind Of Feedback To Help Gen Z Attorneys

    Author Photo

    Generation Z associates bring unique perspectives and expectations to the workplace, so it’s imperative that supervising attorneys adapt their feedback approach in order to help young lawyers learn and grow — which is good for law firms, too, says Rachael Bosch at Fringe Professional Development.

  • Congress Can And Must Enact A Supreme Court Ethics Code

    Author Photo

    As public confidence in the U.S. Supreme Court dips to historic lows following reports raising conflict of interest concerns, Congress must exercise its constitutional power to enact a mandatory and enforceable code of ethics for the high court, says Muhammad Faridi, president of the New York City Bar Association.

  • What To Make Of Dueling Corporate Transparency Act Rulings

    Author Photo

    Although challenges to the Corporate Transparency Act abound — as highlighted by recent federal court decisions from Alabama and Oregon taking opposite positions on its constitutionality — the act is still law, so companies should comply with their filing requirements or face the potential consequences, say attorneys at Lowenstein Sandler.

  • The Pop Culture Docket: Justice Lebovits On Gilbert And Sullivan

    Author Photo

    Characters in the 19th century comic operas of Gilbert and Sullivan break the rules of good lawyering by shamelessly throwing responsible critical thought to the wind, providing hilarious lessons for lawyers and judges on how to avoid a surfeit of traps and tribulations, say acting New York Supreme Court Justice Gerald Lebovits and law student Tara Scown.

  • State Of The States' AI Legal Ethics Landscape

    Author Photo

    Over the past year, several state bar associations, as well as the American Bar Association, have released guidance on the ethical use of artificial intelligence in legal practice, all of which share overarching themes and some nuanced differences, say Eric Pacifici and Kevin Henderson at SMB Law Group.

Can't find the article you're looking for? Click here to search the Tax Authority Federal archive.