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Federal
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April 24, 2026
Feds Fight Ex-Rep.'s Acquittal Bid In Venezuela FARA Case
Federal prosecutors urged a Florida U.S. district judge to reject an attempt by politician David Rivera and a political consultant to escape charges for allegedly failing to register as foreign agents while secretly representing Venezuela's state-owned oil company, saying the charges aren't too late.
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April 24, 2026
One Certainty As Tariff Refunds Start: 'There Will Be Litigation'
The launch of the refund process for tariffs struck down by the U.S. Supreme Court marks the start of lengthy and multifaceted court battles as companies fight with consumers — and amongst themselves — about who gets a slice of the $166 billion pie, experts told Law360.
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April 24, 2026
Insurer Says IRS Botched Tax Liability Adjustments
The IRS incorrectly determined that an insurance company had a nearly $447,000 tax deficiency after adjusting its net written premiums, the company told the U.S. Tax Court, asking the court to determine that it isn't liable for any deficiency, penalty or underpayment interest charges.
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April 24, 2026
IRS Taxpayer Advocacy Panel Recommends Clearer Notices
The Internal Revenue Service should make taxpayer notices clear, streamline correspondence processes, reduce call wait times and enhance online tools and digital services, the Internal Revenue Service's Taxpayer Advocacy Panel recommended in its annual report Friday.
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April 24, 2026
Grocers' Microcaptive Tax Breaks Wrongly Axed, 7th Circ. Told
Chicagoland grocery chain owners asked the Seventh Circuit to restore the tax benefits tied to their business' microcaptive insurance, arguing that the U.S. Tax Court's decision to disallow those deductions violated a 1945 federal law authorizing state regulation of insurers.
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April 24, 2026
Taxation With Representation: Gibson Dunn, Paul Weiss
In this week's Taxation With Representation, Elon Musk's SpaceX strikes a deal with Cursor that could lead to an acquisition of the artificial intelligence startup, building products distributor QXO Inc. buys TopBuild Corp., and Eli Lilly & Co. acquires clinical-stage biotechnology company Kelonia Therapeutics.
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April 24, 2026
Trump Makes Fresh US Tariff Threat Over UK Digital Tax
President Donald Trump warned that his administration will impose new tariffs on the U.K. unless the British government dismantles its digital services tax targeting tech giants.
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April 24, 2026
Weekly Internal Revenue Bulletin
The Internal Revenue Service's weekly bulletin, released Friday, included the list of the dozens of occupations that qualify for the no-tax-on-tips provision passed in summer 2025, clarifying what counts as a tip and who can take the deduction.
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April 24, 2026
Barnes & Thornburg Lands 6 Bradley Arant Attys In Southeast
Barnes & Thornburg LLP announced Thursday that the firm has hired six attorneys from Bradley Arant Boult Cummings LLP for its Atlanta and Palm Beach Gardens, Florida, offices, increasing its capabilities in the tax and insurance recovery practice groups.
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April 23, 2026
BofA, EY Strike $2.5M Deal To Settle MOVEit Breach Claims
Bank of America and EY have agreed to pay $2.5 million to nearly 200,000 people to settle claims in multidistrict litigation over the May 2023 breach of file transfer application MOVEit, according to a motion for settlement.
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April 23, 2026
Pair Accused Of Scheming To Dodge $2.5M IRS Tax Debt
A Connecticut grand jury has charged an in-state businessman allegedly $2.5 million in debt to the Internal Revenue Service and a North Carolina man with engineering a series of financial transactions to keep tax authorities from collecting the debt, according to federal prosecutors.
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April 23, 2026
IRS' $15M Valuation Of Estate An Issue For Trial
The IRS' failure to provide a statement explaining its $15.1 million valuation of an estate doesn't require that the valuation and resulting deficiency assessment should be thrown out, the U.S. Tax Court held Thursday, saying the issue is one for trial.
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April 23, 2026
IRS Plans To Update Tax-Exempt Org Reporting Form
The Internal Revenue Service will revise its form for tax-exempt organizations to report information under an initiative announced by the U.S. Department of the Treasury on Thursday.
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April 23, 2026
Lender's COVID Boom Bars $5M Worker Credit Claim, US Says
A mortgage lender isn't entitled to a $5 million refund for denied COVID-19 worker tax credits because the company's true business was never halted by a government order, the U.S. government told a California federal court, noting that the company's revenue actually increased by 600%.
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April 23, 2026
AI Missteps Could Prompt Tax Court To Adopt Misuse Rules
As the U.S. Tax Court continues to encounter false information generated by artificial intelligence, practitioners are urging the court to set some guidance to curb misuse of the technology and reduce the burden on judicial reviewers to catch those errors.
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April 23, 2026
IRS Defends Ranch's Easement Deduction Disallowance
The Internal Revenue Service properly disallowed a partnership's nearly $26 million charitable deduction for a donated easement on a 110-acre pasture, the agency told the Eleventh Circuit, urging it to affirm the lower court's decision.
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April 23, 2026
Plastics Heirs Settle $50M Estate Tax Suit
The family of the late owner of a plastics company settled a dispute with the U.S. Department of Justice over more than $50 million in estate taxes the agency alleged went unpaid, a Connecticut federal court announced Thursday.
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April 23, 2026
DOJ Final Order Loosens Rules For State-Legal Medical Pot
The U.S. Department of Justice published a final order Thursday loosening federal restrictions on medical marijuana products that fall within the ambit of state-regulated programs or have approval from the U.S. Food and Drug Administration.
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April 22, 2026
House Appropriations Committee OKs $1B IRS Funding Cut
The House Appropriations Committee passed legislation Wednesday that would cut the Internal Revenue Service's funding by $1 billion for the 2027 fiscal year.
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April 22, 2026
7th Circ. Revives $300M Hyatt Rewards Tax Dispute
The U.S. Tax Court relied on an incomplete analysis when it sided with the IRS and held that nearly $300 million in revenue from Hyatt Hotels' loyalty rewards program fund should be treated as taxable income, the Seventh Circuit held Wednesday.
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April 22, 2026
Temp Agency Owner's Tax Convictions Upheld By 1st Circ.
The First Circuit on Wednesday affirmed the convictions of a Quincy, Massachusetts, temp agency owner who prosecutors said evaded more than $800,000 in payroll taxes by paying employees under the table.
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April 22, 2026
Spinoff Landscape Unclear In Wake Of Tossed IRS Guidance
The Internal Revenue Service has scrapped controversial guidance that limited the types of spinoff transactions that revenue officials would approve as tax-free ahead of time, but the path to seeking the agency's blessing for certain intercompany reorganizations remains hazy.
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April 22, 2026
Split 6th Circ. Lets Brewer Challenge Tax Code's Distilling Ban
An Ohio brewery owner has standing to challenge the constitutionality of the federal tax code's ban on distilling whiskey at home, but the ban is necessary for the government to collect taxes on distilled spirits, a split Sixth Circuit panel ruled.
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April 22, 2026
Tax Court Denies Boutique Owner's Biz, Rental Deductions
A Missouri boutique owner offered limited support to claim business and rental property expense deductions in her 2017 and 2019 returns, the U.S. Tax Court ruled Wednesday, siding with the IRS that she underreported her taxable income.
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April 22, 2026
Nintendo Customers Jump In On Tariff Refund Suits
Video game giant Nintendo stands to make "windfall profits" through refunds of President Donald Trump's now-invalidated global tariff regime since those costs were actually passed on to consumers, a proposed class action in Washington federal court said, joining the chorus of customers looking to secure tariff-related refunds.
Expert Analysis
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Power To The Paralegals: An Untapped Source For Biz Roles
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.
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How Trucking Cos. Can Keep Rolling Under Tariff Burdens
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.
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Tariff Strategies For The US Renewable Energy Sector
The Trump administration's tariff actions over the last few months are challenging for the renewable energy industry — but there are strategies for contending with the uncertainty, including diversifying supply chains, seeking certification about equipment origins, and adding tariff-related language to supply contracts and offtake agreements, say attorneys at Sheppard Mullin.
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Ch. 7 Marshaling Ruling Rests On Shaky Legal Grounds
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.
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3 Tax Issues Manufacturers Should Watch In 2025 Budget Bill
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.
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$38M Law Firm Settlement Highlights 'Unworthy Client' Perils
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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Jurisdictional Issues At Play In 9th Circ.'s FCA Trade Case
A decision by the Ninth Circuit in Island Industries v. Sigma Corp. could result in the U.S. Court of International Trade’s exclusive jurisdiction over trade-related FCA cases, a big shift in the enforcement landscape just as tariffs take center stage in trade policy, say attorneys at Haynes Boone.
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Evolving Federal Rules Pose Further Obstacles To NY LLC Act
Following the Financial Crimes Enforcement Network's recent changes to beneficial ownership information reporting under the federal Corporate Transparency Act — dramatically reducing the number of companies required to make disclosures — the utility of New York's LLC Transparency Act becomes less apparent, say attorneys at Pillsbury.
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Alternative Business Structures Raise Ethics Questions
The new KPMG law firm, launched in Arizona following that state's repeal of the prohibition on fee sharing with nonlawyers, raises a number of important practice questions, both for the firm and those law firms seeking to partner with it, says Deborah Winokur at Cozen O’Connor.
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The IRS Shouldn't Go To War Over Harvard's Tax Exemption
If the Internal Revenue Service revokes Harvard's tax-exempt status for violating established public policy — a position unsupported by currently available information — the precedent set by surviving the inevitable court challenge could undercut the autonomy and distinctiveness of the charitable sector, says Johnny Rex Buckles at Houston Law Center.
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Mitigating Import Risks Around Southeast Asian Solar Cells
The U.S. Department of Commerce's recent final determinations in its antidumping and countervailing duty investigations into solar cells produced in certain Southeast Asian countries make it important for U.S. purchasers to consider risk mitigation strategies, including modifying supply chains and contractually assigning import responsibilities, say attorneys at Morgan Lewis.
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Reassessing Corporate Separateness After Explosion Of LLCs
Following the dramatic increase of limited liability companies in the U.S., the Corporate Transparency Act's enactment and the Trump administration's subsequent narrowing of that law, it's worth revisiting the underlying legal principles that govern shell companies in order to remedy the problems that initially motivated the CTA, says Jeff Newton at Omni Bridgeway.
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Crisis Management Lessons From The Parenting Playbook
The parenting skills we use to help our kids through challenges — like rehearsing for stressful situations, modeling confidence and taking time to reset our emotions — can also teach us the fundamentals of leading clients through a corporate crisis, say Deborah Solmor at the Wisconsin Alumni Research Foundation and Cara Peterman at Alston & Bird.