Featured Stories

BEPS At 10: The Global Tax Revamp That's Still Unfolding

The OECD's project against base erosion and profit shifting didn't upend the international tax landscape overnight... (more story)

ABA Tax Chair Seeks To Maintain Section's Ties With IRS

The new chair of the American Bar Association's Section of Taxation steps in during a rocky period for the profess... (more story)

The Tax Angle: New Extenders, Housing Credits

From a look at the new tax extenders included in the Republican Party's budget reconciliation law and the law's ex... (more story)

Federal More

5th Circ. Won't Rehear Crypto Exec's IRS Summons Case

The Fifth Circuit stood by its decision not to quash an IRS summons for a cryptocurrency executive's bank records, rejecting his request to reconsider its finding that he must wait until the federal government... (more story)

Writing Musicals Makes Me A Better Lawyer

My experiences with writing musicals and practicing law have shown that the building blocks for both endeavors are one and the same, because drama is necessary for the law to exist, says Addison O’Donnell at LOIS Law.

Tribal Members Tell 9th Circ. Tariff Suit Belongs In Fed. Court

Counsel for members of the Blackfeet Nation tribe told the Ninth Circuit on Wednesday their suit challenging President Donald Trump's emergency tariffs should stay in federal district courts, where constitutio... (more story)

Democrats Push Wealth Tax Targeting Billionaires' Assets

Billionaires would pay higher taxes on their unrealized gains from property, stocks and other valuable assets under legislation reintroduced Wednesday by Senate Finance Committee ranking member Ron Wyden and o... (more story)

House Panel OKs Bill To Expand Tax Court's Subpoena Power

The House Ways and Means Committee unanimously approved legislation Wednesday that would grant the U.S. Tax Court the power to issue subpoenas without connection to a scheduled hearing and apply mandatory recu... (more story)

IRS-ICE Pact Allows For Mass Tax Data Swaps, DC Circ. Told

An information sharing agreement between the IRS and immigration enforcement agencies allows for disclosure of confidential tax information on a mass scale, as evidenced by an IRS official's declaration in a t... (more story)

How Fashion, Tech Can Maximize New Small Biz Tax Breaks

Fashion and technology companies, which invest heavily in innovation, should consider taking advantage of provisions in the One Big Beautiful Bill Act that favor small businesses, restructuing if necessary to... (more story)

State & Local More

Sales And Use Tax Strategies For Renewables After OBBBA

With the One Big Beautiful Bill Act sharply curtailing federal tax incentives for solar and wind projects, it is vital for developers to carefully manage state and local sales and use tax exposures through ear... (more story)

Auto Co. Accuses Conn. Revenue Dept. Of Fumbling Depos

An auto wholesaler accusing Connecticut's tax commissioner of levying a double tax on warranties attached to vehicles sold out of state wants the Department of Revenue Services sanctioned for failing to proper... (more story)

Paychex Asks NY Panel To Revive Challenge To Tax Regs

Paychex asked a New York state appellate court to invalidate apportionment regulations that require professional employer organizations to exclude certain expense reimbursements from their tax calculations, ar... (more story)

Spencer Fane Adds Corporate, RE Attys In The Midwest

Spencer Fane LLP announced the addition of two new attorneys in the Midwest this week — a partner joining its corporate and business transactions group and a counsel joining its real estate group.

Adapting To Private Practice: From Va. AUSA To Mid-Law

Returning to the firm where I began my career after seven years as an assistant U.S. attorney in Virginia has been complex, nuanced and rewarding, and I’ve learned that the pursuit of justice remains the const... (more story)

CarMax Distorted Business Activity, SC Tells Appeals Court

CarMax used intercompany transactions to distort an entity's business activity and its tax burden in South Carolina, the state's tax agency told an appeals court, urging it to uphold the finding of an administ... (more story)

Avalara Investors' Claims Pass Muster After 9th Circ. Revival

A Washington federal judge has allowed a proposed class action to proceed accusing tax software company Avalara Inc. of misleading investors ahead of an $8.4 billion deal to take the company private, but said ... (more story)

Arby's Sale Produced Business Income, Ark. Justices Told

A trial court employed the wrong test in deciding a defunct corporation that was the largest Arby's franchisee didn't earn business income in Arkansas when it sold the brand, the Arkansas tax department told t... (more story)

Loeb & Loeb Opens DC-Area Office With Ex-Reed Smith Attys

Loeb & Loeb LLP announced Tuesday the opening of a new office in Virginia, along with the arrival of an eight-person private client and tax controversy staff formerly of Reed Smith LLP.

International More

HMRC Names 5 Accountancy Firms With Tax Avoidance Links

HM Revenue & Customs on Thursday revealed five accountancy firms that took fees for connecting their clients to a tax avoidance scheme.

7 Document Review Concepts New Attorneys Need To Know

For new associates joining firms this fall, stepping into the world of e-discovery can feel like learning a new language, but understanding a handful of fundamentals — from coding layouts to metadata — can hel... (more story)

Cadwalader Hires Trans-Atlantic Katten Private Wealth Partner

An international private wealth partner from Katten Muchin Rosenman LLP has jumped to Cadwalader Wickersham & Taft LLP as a partner in the firm's London and New York offices, Cadwalader announced Tuesday.

US, China Agree On TikTok Ownership Transfer, Bessent Says

The U.S. and China established a commercial framework for a deal with video sharing giant TikTok to transfer ownership of the app to the U.S., just days before a deadline to sell the app or shut it down, U.S. ... (more story)

Court Urged To Block Offshore Asset Freeze In $28M Tax Row

The federal government's claim that a beneficiary of offshore trusts is likely to spend down assets to avoid a $28 million tax bill lacks evidence, the beneficiary argued in urging a Florida federal court not ... (more story)

Kingsley Napley Bags Private Client Pro To Head Tax Desk

Kingsley Napley LLP said Monday that it has hired Paul Davidoff to head its international tax desk as the firm deals with a surge in work connected with tax and trusts amid an exodus of high-net-worth individu... (more story)

Employers Expect Budget Reform On Pension Salary Sacrifice

Nine out of 10 U.K. employers expect the government to ditch tax breaks on pension salary-sacrifice arrangements when it unveils its autumn Budget, a survey has found.