Federal
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December 04, 2025
IRS Issues Retirement Plan Amendments List For 2026
The Internal Revenue Service released on Thursday the 2025 list of required changes to certain individually designed retirement plans, including modifications to rules governing minimum distributions, partnerships and trusts.
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December 03, 2025
GOP Expects G7 Side-By-Side Tax Deal Details This Week
The House Ways and Means Committee's top Republican expects negotiations to wrap up this week on the technical details of the agreement with the Group of Seven countries to exempt U.S. multinational corporations from the minimum-tax system, he said Wednesday.
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December 03, 2025
6th Circ. Won't Revisit Flexible Tax Court Filing Deadline
The Sixth Circuit declined to reexamine an August decision that allowed some leeway in extending the U.S. Tax Court's 90-day deadline to file a petition, according to an order dismissing a federal government bid for the full bench to adjudicate the case.
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December 03, 2025
Tesla, Others Qualified For Cut Of $10B In Energy Credits
The names of some of the first companies to qualify for $10 billion in tax credits for advanced clean energy projects were announced Wednesday by the Internal Revenue Service, with the largest so far for a single company going to Elon Musk's Tesla Inc.
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December 03, 2025
DOJ Revives Bid To Toss Law Firm's Worker Credits Suit
The U.S. Department of Justice revived its bid to toss most of a boutique law firm's complaint for not processing its claims for pandemic-era tax credits after settlement negotiations with the firm failed, according to Connecticut federal court documents.
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December 03, 2025
Global GDP Growth Fragile Due To Tariffs, OECD Says
The global economy's gross domestic product growth in 2026 will be fragile due to the impact of U.S. tariffs and countertariffs, as well as other trade barriers, the Organization for Economic Cooperation and Development said in a report.
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December 02, 2025
Vanguard Investors' Attys Seek $8.3M Fee
Attorneys representing investors that settled with Vanguard for $25 million to end claims the company improperly triggered an asset sell-off that damaged investors asked a Pennsylvania federal court on Tuesday to award them $8.3 million in fees in addition to other expenses.
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December 02, 2025
Exec To Admit To $1.6M Scheme Involving Taxes, Restitution
A Massachusetts executive has agreed to plead guilty in a scheme to avoid paying income taxes and restitution in a 2008 securities fraud case by receiving more than $1.6 million in compensation and benefits under the table, federal prosecutors announced.
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December 02, 2025
Treasury Clarifies Tax-Advantaged 'Trump Accounts'
The federal government issued guidance Tuesday on the new type of tax-advantaged brokerage account for children, known as Trump accounts, that specifies how to create the savings plans and who can make contributions and receive government seed money for them.
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December 02, 2025
ACA Expansion Lapse May Impede Organ Access, Panel Told
Allowing the Affordable Care Act's premium tax credit expansion to lapse would make it harder for Americans to be listed for organ transplants, potentially dampening an upward trend in transplants in the years since the expansion was enacted, a panelist told House lawmakers Tuesday.
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December 02, 2025
Okla. Urges Justices To Turn Down Tribal Tax Case
The Oklahoma Supreme Court properly ruled that a member of the Muscogee (Creek) Nation owes Oklahoma income tax, the state's tax commission told the U.S. Supreme Court on Tuesday, urging the court to deny the member's petition for review.
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December 02, 2025
Chevron Unit Entitled To $80M In Tax Credits, Tax Court Told
A Chevron subsidiary and chemicals supplier that operates internationally is entitled to more than $80 million in tax credits for energy investments and research related to plastics production, the company has told the U.S. Tax Court in challenging denials by the Internal Revenue Service.
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December 01, 2025
House Votes To Expand Tax Court's Subpoena Power
The House approved legislation Monday that would grant the U.S. Tax Court the power to issue subpoenas for pretrial production of documents and would apply mandatory recusal rules to the court's judges.
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December 01, 2025
Mich. County's Tax Sale Violates Constitution, Justices Told
A Michigan county violated the takings clause of the U.S. Constitution when it took title to a home over a tax debt, then sold the home at a low price and refunded only that amount to the homeowner, the homeowner's estate told the U.S. Supreme Court on Monday.
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December 01, 2025
Trump Tariff Refund Rights Should Be Preserved, Costco Says
The federal government should have to refund President Donald Trump's emergency tariffs paid by Costco Wholesale Corp., the company told the U.S. Court of International Trade.
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December 01, 2025
Tax Court Slashes $10M Ga. Easement Deduction
A partnership overvalued its donation of a conservation easement across vacant land in Georgia by more than $10 million, a U.S. Tax Court judge concluded Monday, slashing the partnership's tax deduction and upholding penalties against it for overstating the property's value.
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December 01, 2025
Couple Can't Deduct Int'l Business Expenses, Tax Court Says
A Kansas couple cannot deduct expenses on their personal income tax returns for money sent to two foreign corporations co-owned by the husband because they weren't classified as pass-through entities, the U.S. Tax Court said in an opinion released Monday.
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December 01, 2025
Attys Seek $99M From Colgate-Palmolive ERISA Pension Deal
Attorneys representing Colgate-Palmolive retirees asked a New York federal court to approve $99 million in attorney fees and expenses from a $332 million megadeal ending claims the company skimped on pensioners' lump-sum retirement payouts, a request that comes after the court initially signed off on the settlement in October.
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December 01, 2025
Mental Exam Ordered For Man Accused In Tax Shelter Scheme
A man accused of promoting abusive tax shelters may be unable to understand legal proceedings against him or help defend himself, a Colorado federal court found, ordering him to undergo a mental competency exam ahead of his trial.
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December 01, 2025
Judge Dismisses Minn. County's 3,000-Acre Land Trust Suit
A federal judge has given a summary judgment win to the Interior Department in a challenge by a Minnesota county and townships over more than 3,000 acres taken into trust for the Mille Lacs Band of Ojibwe, determining that the agency's decision was not arbitrary, capricious or contrary to law.
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December 01, 2025
5th Circ. Ends DOL Appeals Over Biden-Era Fiduciary Regs
The Fifth Circuit shuttered two appeals from the U.S. Department of Labor that aimed to revive Biden-era regulations expanding the definition of a fiduciary under the Employee Retirement Income Security Act, after the agency told the appellate court it intended to drop the cases.
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December 01, 2025
Ex-United Pilots Ask Fed Circ. To Rethink Denying Tax Refund
Retired United Airlines pilots who said they overpaid payroll taxes asked the Federal Circuit to rethink its ruling that they can't get partial refunds, saying a three-judge panel avoided the pilots' constitutional challenge to the government's power to tax unrealized income.
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December 01, 2025
IRS Finalizes Lowering Estate Tax Closing Letter Fee To $56
The Internal Revenue Service finalized the $56 fee for taxpayers to request a letter that confirms the agency has received and finished examining an estate tax return, lowering the fee from $67, according to a final rule published on the Federal Register on Monday.
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December 01, 2025
Weekly Internal Revenue Bulletin
The Internal Revenue Service's weekly bulletin included the increased limit for contributions to various retirement accounts, as well as increases to the catch-up contribution limit.
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November 26, 2025
Self-Employment Tax Applies To Partners, IRS Tells 1st Circ.
An energy investment fund's limited partners are not exempt from self-employment tax, the IRS told the First Circuit on Wednesday, saying the partnership wrongly relied on state law to treat full-time partners as passive investors and exclude them from the levy.
Expert Analysis
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Senate's 41% Litigation Finance Tax Would Hurt Legal System
The Senate’s latest version of the Big Beautiful Bill Act would impose a 41% tax on the litigation finance industry, but the tax is totally disconnected from the concerns it purports to address, and it would set the country back to a time when small plaintiffs had little recourse against big defendants, says Anthony Sebok at Cardozo School of Law.
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Drawbacks For Taxpayers From Justices' Levy Dispute Ruling
The Supreme Court's June decision in Commissioner v. Zuch, holding the Tax Court lacks jurisdiction to resolve disputes where the IRS has stopped pursuing a levy, may require taxpayers to explore new tactics for mitigating the increased difficulty of appealing their liability via collection due process hearings, says Matthew Roberts at Meadows Collier.
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How Energy Cos. Can Prepare For Potential Tax Credit Cuts
The Senate Finance Committee's version of the One Big Beautiful Bill act would create a steep phaseout of renewable energy tax credits, which should prompt companies to take several actions, including conduct a project review to discern which could begin construction before the end of the year, say attorneys at Husch Blackwell.
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DOJ Has Deep Toolbox For Corporate Immigration Violations
With the U.S. Department of Justice now offering rewards to whistleblowers who report businesses that employ unauthorized workers, companies should understand the immigration enforcement landscape and how they can reduce their risk, say attorneys at McDermott.
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Trade In Limbo: The Legal Storm Reshaping Trump's Tariffs
In the final days of May, decisions in two significant court actions upended the tariff and trade landscape, so until the U.S. Supreme Court rules, businesses and supply chains should expect tariffs to remain in place, and for the Trump administration to continue pursuing and enforcing all available trade policies, say attorneys at Ice Miller.
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Del. Dispatch: General Partner Discretion In Valuing Incentives
In Walker v. FRP Investors, the Delaware Court of Chancery recently held that the general partner of a limited partnership breached its obligations when determining the threshold value of newly issued incentive units, highlighting the court's willingness to reconstruct what a reasonable determination of value by a general partner should have been, say attorneys at Fried Frank.
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Move Beyond Surface-Level Edits To Master Legal Writing
Recent instances in which attorneys filed briefs containing artificial intelligence hallucinations offer a stark reminder that effective revision isn’t just about superficial details like grammar — it requires attorneys to critically engage with their writing and analyze their rhetorical choices, says Ivy Grey at WordRake.
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9th Circ. Has Muddied Waters Of Article III Pleading Standard
District courts in the Ninth Circuit continue to apply a defunct and especially forgiving pleading standard to questions of Article III standing, and the circuit court itself has only perpetuated this confusion — making it an attractive forum for disputes that have no rightful place in federal court, say attorneys at Gibson Dunn.
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Steps For Universities To Pass Tax-Exempt Test Amid Scrutiny
After decades of a quiet governmental acceptance of tax-exempt status, universities are facing unprecedented and public pressure to defend themselves, and must consider how to protect this valuable status, say attorneys at Eversheds Sutherland.
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Tax Court Ruling Sets High Bar For Limited Partner Exception
The U.S. Tax Court’s recent decision in Soroban Capital Partners v. Commissioner endorsed the IRS’ use of functional analysis to determine whether the limited partner exception applied for taxation under the Self-Employed Contributions Act, highlighting the intense factual analysis that will occur during audits, says Erin Hines at Akerman.
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How AI May Reshape The Future Of Adjudication
As discussed at a recent panel at Texas A&M, artificial intelligence will not erase the human element of adjudication in the next 10 to 20 years, but it will drive efficiencies that spur private arbiters to experiment, lead public courts to evolve and force attorneys to adapt, says Christopher Seck at Squire Patton.
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When Legal Advocacy Crosses The Line Into Incivility
As judges issue sanctions for courtroom incivility, and state bars advance formal discipline rules, trial lawyers must understand that the difference between zealous advocacy and unprofessionalism is not just a matter of tone; it's a marker of skill, credibility and potentially disciplinary exposure, says Nate Sabri at Perkins Coie.
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Attacks On Judicial Independence Tend To Manifest In 3 Ways
Attacks on judicial independence now run the gamut from gross (bald-faced interference) to systemic (structural changes) to insidious (efforts to undermine public trust), so lawyers, judges and the public must recognize the fateful moment in which we live and defend the rule of law every day, says Jim Moliterno at Washington and Lee University.