Tax

  • April 11, 2025

    Trump Tariffs Will Hurt US Worse Than EU, Bloc Official Says

    The wide-ranging tariffs imposed by President Donald Trump's administration, including those that were recently paused for 90 days, will harm the U.S. worse than the European Union, the bloc's economic commissioner said Friday.

  • April 11, 2025

    3 Convicted Of Driving €24M Car Sales VAT Fraud Ring

    A German court convicted and sentenced three ringleaders of a value-added tax fraud scheme that used a series of shell companies and fake invoices to dodge €24 million ($27 million) in owed value-added taxes, the European Public Prosecutor's Office said Friday.

  • April 11, 2025

    Nursing Home Owner Gets 3 Years For $39M Tax Fraud

    A New Jersey federal judge sentenced a nursing home operator to three years in prison for a $39 million employment tax fraud scheme involving care centers he owned across the country, a term three times as long as what prosecutors had requested.

  • April 11, 2025

    Mich. Top Court Won't Hear Appeal Of $217M Dam Repair Tax

    The Michigan Supreme Court on Friday said it wouldn't hear an appeal from a host of homeowners challenging a $217 million special assessment to fund the repair of dams and restoration of lakes after 2020 floods that devastated mid-Michigan counties.

  • April 11, 2025

    Taxation With Representation: Norton Rose, Ropes & Gray

    In this week's Taxation With Representation, Capri Holdings sells Versace to Prada, Woodside Energy sells a liquefied natural gas terminal stake to Stonepeak, crypto infrastructure firm Ripple acquires prime brokerage platform Hidden Road, and Bain Capital takes a stake in Lincoln Financial.

  • April 10, 2025

    Immigration Groups Seek Unredacted Tax Data-Sharing Pact

    Immigration advocates trying to block the Internal Revenue Service from disclosing taxpayers' information to the U.S. Department of Homeland Security and other agencies urged a D.C. federal court on Thursday to require the Justice Department to hand over an unredacted version of a government agreement to share the confidential data.

  • April 10, 2025

    Calif. Rep's Bill Would Shield Farmers From Retaliatory Tariffs

    A California congressman on Thursday introduced a bill in the U.S. House aiming to curb the authority of President Donald Trump to impose new or additional duties on agricultural products from countries that are major agricultural trade partners with the United States.

  • April 10, 2025

    Exec Facing Tax Evasion Charges To Remain In Custody

    An aerospace company founder facing tax evasion and other fraud charges will remain in pretrial detention because he's considered a major flight risk, a D.C. federal court ruled.

  • April 10, 2025

    Senate Bill Would End Declared Emergency Behind Tariffs

    A bill introduced Thursday in the Senate would end the national emergency declared by President Donald Trump to underpin the global tariff regime he unveiled last week, with Sens. Rand Paul, R-Ky., Ron Wyden, D-Ore., and Chuck Schumer, D-N.Y., among the sponsors.

  • April 10, 2025

    Trump's Int'l Trade Pick Says Tech Deals Sought In Tariff Talks

    President Donald Trump could look to prioritize and coordinate tech investments with countries approaching the U.S. to strike a deal to avoid higher tariff rates currently suspended, Trump's pick to lead international trade at the U.S. Department of Commerce said Thursday.

  • April 10, 2025

    IRS-ICE Deal Could Cost $25B In Tax Revenue, Report Says

    The Internal Revenue Service's agreement to share the taxpayer records of certain non-U.S. citizens with immigration enforcement authorities could lead to a $25 billion loss in tax revenue in 2026, according to research from Yale University.

  • April 10, 2025

    Pa. Justices Try To Referee Pittsburgh's 'Jock Tax'

    Pennsylvania's Supreme Court justices looked to punt Thursday on whether the city of Pittsburgh's "jock tax" was uniform enough to pass constitutional muster, taking the unusual step of ordering extra briefing on how the city might offer tax credits for the 3% levy it put on nonresident entertainers' income earned at publicly funded venues.

  • April 10, 2025

    Dechert Tax Pro Jumps To Whiteford In NY

    Whiteford Taylor & Preston LLC has added an experienced transactional tax attorney from Dechert LLP as a partner to its practice in New York, the firm announced.

  • April 10, 2025

    IRS Microcaptive Rules Face Challenge By Familiar Foe

    A microcaptive insurance advisory firm that persuaded a Tennessee federal court to vacate an IRS notice imposing reporting requirements challenged the agency's new rules on the in-house arrangements, asking the same court to set aside the regulations for being just as onerous as the previous ones.

  • April 10, 2025

    EU Delays Tariffs After Trump's 90-Day Hold

    The European Union will delay tariffs on U.S. goods following President Donald Trump's decision to hold off on imposing them on European goods for 90 days, the president of the European Commission said Thursday.

  • April 09, 2025

    'Evasive' Unions Told To List Fired Probationary Workers

    The California federal judge who ordered the reinstatement of many fired probationary federal workers before the U.S. Supreme Court stayed his ruling on Wednesday ordered the public sector unions representing federal staffers to provide a list of their booted members, calling their claims that the information would be difficult to produce "evasive."

  • April 09, 2025

    Mass. Town's Comparable Sales Rejected By Tax Board

    A three-family apartment building in Massachusetts was overvalued by a local assessor by about $40,000, the Massachusetts Appellate Tax Board ruled, saying the owner's argument that the assessed value was greater than fair cash value proved persuasive.

  • April 09, 2025

    Trump Halts Reciprocal Tariffs For 90 Days, Ups China Rates

    President Donald Trump has ordered a 90-day pause on reciprocal tariffs for certain countries hours after they took effect, except for China, whose imports he said now face an increased tariff of 125%, according to a Wednesday social media post.

  • April 09, 2025

    IRS Acting Chief To Stay On Through Mid-May, Treasury Says

    The Internal Revenue Service's interim leader, Melanie Krause, will stay at her post through May 15, the U.S. Treasury Department said Wednesday, after she and other officials reportedly said they would resign following an IRS agreement to share taxpayer information with immigration enforcement agencies.

  • April 09, 2025

    Canada Retaliates With 25% Tariffs On US Cars And Parts

    Canada began slapping 25% tariffs on American cars and parts Wednesday as retaliation against tariffs on Canadian products implemented by President Donald Trump, the country's Department of Finance announced.

  • April 09, 2025

    EU Votes To Hike Levies In Response To US Metal Tariffs

    The European Union approved raising tariffs on U.S. goods in response to President Donald Trump's tariffs on steel and aluminum imposed in March, although the bloc has not yet made public the final list of products affected.

  • April 08, 2025

    Colo. Appeals Court Urged To Toss Transportation Fees

    Colorado's 2021 transportation funding law violates the state Taxpayer's Bill of Rights and related provisions, an anti-tax group told an appeals court panel Tuesday, urging it to reverse a district court order that stopped its lawsuit.

  • April 08, 2025

    Feds Call Exec Charged With Tax Evasion A Flight Risk

    An aerospace company founder facing tax evasion and other fraud charges should remain in pretrial detention because he's a major flight risk, prosecutors told a D.C. federal court.

  • April 08, 2025

    IT Staffing Co. CEO Charged With $2M Payroll Tax Fraud

    The chief executive officer of a Philadelphia-area information technology staffing firm was charged with failing to collect and pay $2 million in trust fund taxes on behalf of his company and also perjuring himself in his Chapter 13 bankruptcy proceedings.

  • April 08, 2025

    Tax-Dodging Ex-Software Exec Denied Bond Pending Appeal

    A former software executive sentenced to a year in prison for failing to pay over $600,000 in employment taxes in the years before his company failed cannot remain free on bond while he appeals his conviction, a North Carolina federal judge said Tuesday.

Expert Analysis

  • Making The Opportunity Zones Program Great At Last

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    As the opportunity zone program approaches its expiration, the Republican-led government could take specific steps to extend and improve the program, address its structural flaws, encourage broader participation and enable it to live up to its promised outcomes, say attorneys at Pillsbury.

  • Opinion

    We Must Allow Judges To Use Their Independent Judgment

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    As two recent cases show, the ability of judges to access their independent judgment crucially enables courts to exercise the discretion needed to reach the right outcome based on the unique facts within the law, says John Siffert at Lankler Siffert & Wohl.

  • Preparing For Tariffs On Canadian Power In The Northeast

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    The on-again, off-again risk of import and export tariffs on energy transactions between the U.S. and Canada may have repercussions for U.S. energy stakeholders in the ISO New England and New York Independent System Operator electricity markets — but there are options that could help reduce cost impacts, say attorneys at Husch Blackwell.

  • Series

    Performing Stand-Up Comedy Makes Me A Better Lawyer

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    Whether I’m delivering a punchline on stage or a closing argument in court, balancing stand-up comedy performances and my legal career has demonstrated that the keys to success in both endeavors include reading the room, landing the right timing and making an impact, says attorney Rebecca Palmer.

  • Series

    Adapting To Private Practice: From SEC To BigLaw

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    As I adjusted to the multifaceted workflow of a BigLaw firm after leaving the U.S. Securities and Exchange Commission, working side by side with new colleagues on complex matters proved the fastest way to build a deep rapport and demonstrate my value, says Jennifer Lee at Jenner & Block.

  • Making The Case For Rest In The Legal Profession

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    For too long, a culture of overwork has plagued the legal profession, but research shows that attorneys need rest to perform optimally and sustainably, so legal organizations and individuals must implement strategies that allow for restoration, says Marissa Alert at MDA Wellness, Carol Ross-Burnett at CRB Global, and Denise Robinson at The Still Center.

  • Mitigating Tariff Risks For Healthcare In US And Canada

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    Healthcare stakeholders should take steps to evaluate the impact of cross-border tariffs, as the historically strong ties between Canada and the U.S. demonstrate the potential for real disruption and harm to the healthcare industry in both countries, say attorneys at Norton Rose.

  • 4 Ways Women Attorneys Can Build A Legal Legacy

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    This Women’s History Month, women attorneys should consider what small, day-to-day actions they can take to help leave a lasting impact for future generations, even if it means mentoring one person or taking 10 minutes to make a plan, says Jackie Prester, a former shareholder at Baker Donelson.

  • A Judge's Pointers For Adding Spice To Dry Legal Writing

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    U.S. District Judge Fred Biery shares a few key lessons about how to go against the grain of the legal writing tradition by adding color to bland judicial opinions, such as by telling a human story and injecting literary devices where possible.

  • Why NY May Want To Reconsider Its LLC Transparency Law

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    Against the backdrop of the myriad challenges to the federal Corporate Transparency Act, it may be prudent for New York to reconsider its adoption of the LLC Transparency Act, since it's unclear whether the Empire State's "baby-CTA" statute is still necessary or was passed prematurely, say attorneys at Pillsbury.

  • IRS Scrutiny May Underlie Move Away From NIL Collectives

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    The University of Colorado's January announcement that it was severing its partnership with a name, image and likeness collective is part of universities' recent push to move NIL activities in-house, seemingly motivated by tax implications and increased scrutiny by the Internal Revenue Service, say attorneys at Buchanan Ingersoll.

  • Opinion

    State FCAs Should Cover Local Fund Misuse, State Tax Fraud

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    New Jersey and other states with similar False Claims Acts should amend them to cover misappropriated municipal funding, and state and local tax fraud, which would encourage more whistleblowers to come forward and increase their recoveries, says Kenneth Levine at Stone & Magnanini.

  • 7 Tips For Associates To Thrive In Hybrid Work Environments

    Excerpt from Practical Guidance
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    As the vast majority of law firms have embraced some type of hybrid work policy, associates should consider a few strategies to get the most out of both their in-person and remote workdays, says James Argionis at Cozen O’Connor.

  • White Collar Archetypes: Wrangling The Shape-Shifter

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    In white collar criminal trials, certain pieces of evidence can shape-shift in the jury’s eyes, presenting both challenges and opportunities for defense counsel, says Jack Sharman at Lightfoot Franklin.

  • Series

    Playing Beach Volleyball Makes Me A Better Lawyer

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    My commitment to beach volleyball has become integral to my performance as an attorney, with the sport continually reminding me that teamwork, perseverance, professionalism and stress management are essential to both undertakings, says Amy Drushal at Trenam.

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