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Federal
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April 15, 2026
LLCs Fight $120M In Denied Tax Breaks For Conservation
Three Texas partnerships challenged over $120 million in denied tax deductions for donations of conservation easements across land they said could be used for solar photovoltaic power plants, telling the U.S. Tax Court that the IRS improperly claimed the donations didn't qualify for the tax break.
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April 14, 2026
Siemens Says It Met Conditions For $671M Deduction
Siemens Medical Solutions is entitled to a $670.6 million foreign-dividend tax deduction because it met the three prerequisites set forth in the statute governing the deduction, the company told the U.S. Tax Court.
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April 14, 2026
Partnerships Dispute IRS Denial Of $67M In Easement Breaks
Two partnerships challenged the IRS in the U.S. Tax Court over penalties and additional taxes tied to separate conservation easement deductions, alleging the agency had failed to explain why it denied their $33 million and $34 million tax breaks.
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April 14, 2026
Guam Extends Tax Filing, Payment Deadlines Due To Storm
Guam's governor extended tax-filing and payment deadlines in anticipation of the impacts of a typhoon, according to a representative of the governor's office and a joint information center release.
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April 14, 2026
Customs Casts Doubt On Automating Certain Tariff Refunds
U.S. Customs and Border Protection's automated tariff refund system is nearly complete, but thousands of imports may require a more cumbersome manual process that could undermine the agency's other priorities, an official told the U.S. Court of International Trade on Tuesday.
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April 14, 2026
IRS Wrongly Pulled Fuel Co.'s Tax License, Court Says
The Internal Revenue Service's revocation of a fuel distributor's designation for recovering taxes it paid on exempt sales to state and local governments was arbitrary and capricious, a Florida federal judge said in siding with the company in its $1.8 million tax refund case.
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April 14, 2026
2nd Circ. Urged To Rethink IRS Win In Foreign Reporting Case
A New York business owner asked the Second Circuit to rethink a panel's decision that held the IRS could automatically assess and administratively collect certain foreign information reporting penalties, arguing that the ruling deepens a nationwide conflict about the agency's assessment authority.
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April 13, 2026
4th Circ. Urged To Back $21M Cut To Conservation Deduction
The U.S. Tax Court considered a property's potential for mineral mining when it shaved more than $21 million from a North Carolina partnership's tax deduction for donating a conservation easement, the IRS told the Fourth Circuit on Monday, urging it to uphold the reduction.
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April 13, 2026
5th Circ. Finds Ban On Home Distilling Unconstitutional
A federal ban on home distilleries that dates to the early temperance movement violates the U.S. Constitution's limits on congressional taxing power, the Fifth Circuit said in siding with hobbyists, including one who said he wants to experiment with apple-pie vodka recipes in his garage.
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April 13, 2026
IRS Updates Corp. Bond Monthly Yield Curve For March
The IRS updated the corporate bond monthly yield curve used in calculations for defined benefit plans for March on Monday, as well as corresponding segment rates and the interest rate for 30-year U.S. Treasury Department securities.
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April 13, 2026
Weil Adds Kirkland, DLA Piper Attys To Private Funds Platform
Weil Gotshal & Manges LLP announced two additions to its private funds platform on Monday, one from Kirkland & Ellis and the other from DLA Piper.
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April 13, 2026
IRS Updates Rates For Foreign Insurance Co. Equations
The Internal Revenue Service on Monday published updated domestic asset/liability and yields percentages for 2025 that foreign life insurance companies and foreign property and liability insurance companies need to compute their minimum effectively connected net investment income.
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April 13, 2026
IRS Cancels Hearing On Tax Preparer ID User Fee
The IRS has canceled an April 24 hearing on proposed regulations that would lower the application and renewal fee for a tax return preparer identification number to $10 from $11 after receiving no requests to testify, the agency said Monday.
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April 10, 2026
Tax Deal Coverage Row Must Precede Tort Claims, Judge Says
A Georgia federal judge won't allow a conservation easement entity to litigate tort claims against its insurance broker while arbitrating a dispute with its insurer over coverage for an IRS settlement, ruling that those claims could only be sorted out after an initial coverage determination.
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April 10, 2026
Social Media Influencer Gets 6 Years For $20M Ponzi Scheme
A social media finance influencer who pled guilty to wire fraud and abetting a false tax filing tied to a $20 million real estate Ponzi scheme was sentenced Friday to six years in prison by an Ohio federal judge.
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April 10, 2026
Federal Tax Policies To Watch This Spring
As Congress returns to Washington, D.C., after a two-week Easter break, there are several areas where lawmakers might devote their attention, including legislation that would overhaul tax administration and tax proposals that could be included in budget reconciliation.
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April 10, 2026
Ohio Couple Dispute Disallowed S Corps.' Basis In Tax Court
An Ohio couple and their Minnesota corporation are disputing combined tax deficiencies of $3.9 million, most of it related to the Internal Revenue Service's determination that they lacked basis in S corporations, one of them a NASCAR Truck Series racing team.
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April 10, 2026
Dems Question Housing Director Over Tax-Exempt Payment
Two Senate Finance Committee Democrats questioned the Federal Housing and Finance Agency director Friday about a payment by a nonprofit he controlled to another tax-exempt nonprofit organization linked to President Donald Trump that was potentially misrepresented in IRS filings.
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April 10, 2026
First Phase Of Tariff Refund System To Launch April 20
The first phase of an electronic system allowing U.S. importers to claim refunds for tariffs paid under the global regime struck down by the U.S. Supreme Court will launch April 20, U.S. Customs and Border Protection said Friday.
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April 10, 2026
IRS Floats Excise Tax Regs On Overseas Money Transfers
Individuals who send funds to people abroad via a remittance transfer provider using cash, money orders, cashier's checks, traveler's checks and similar financial instruments would trigger a new 1% excise tax on the total amount remitted under proposed regulations the IRS unveiled Friday.
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April 10, 2026
IRS Releases List Of Jobs That Can Deduct Tips
The Internal Revenue Service released the final regulations Friday listing dozens of occupations that qualify for the no-tax-on-tips provision passed last summer, clarifying what counts as a tip and who can take the deduction, from Reiki teachers to app-based delivery drivers.
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April 10, 2026
Taxation With Representation: Goodwin, CMS, Wilson Sonsini
In this week's Taxation With Representation, Gilead Sciences Inc. acquires clinical-stage biotechnology company Tubulis GmbH, private equity firm Court Square Capital Partners closes a multibillion-dollar fund and Neurocrine Biosciences Inc. buys rare-disease drugmaker Soleno Therapeutics Inc.
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April 10, 2026
Weekly Internal Revenue Bulletin
The Internal Revenue Service on Friday published its weekly internal revenue bulletin, which included an update on advance pricing agreements for U.S. multinational corporations completed in 2025.
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April 09, 2026
Rivera's Ex-Partner Kept Cut Of $50M Venezuela Contract
Real estate developer and convicted drug trafficker Hugo Perera told jurors Thursday he regretted "1,000%" getting involved with former U.S. Rep. David Rivera in a $50 million contract with a unit of Venezuela's state-owned oil company but admitted he kept his $5 million cut of the deal.
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April 09, 2026
IRS Urged To Clarify Foreign-Owner Rules For Energy Credits
Public power and nuclear associations, along with battery groups, are among stakeholders urging the Internal Revenue Service to clarify foreign ownership rules that could disqualify projects from certain clean energy tax credits, emphasizing that timely guidance is critical to securing project financing.
Expert Analysis
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Attys Beware: Generative AI Can Also Hallucinate Metadata
In addition to the well-known problem of AI-generated hallucinations in legal documents, AI tools can also hallucinate metadata — threatening the integrity of discovery, the reliability of evidence and the ability to definitively identify the provenance of electronic documents, say attorneys at Law & Forensics.
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When Atty Ethics Violations Give Rise To Causes Of Action
Though the Model Rules of Professional Conduct make clear that a violation of the rules does not automatically create a cause of action, attorneys should beware of a few scenarios in which they could face lawsuits for ethical lapses, says Brian Faughnan at Faughnan Law.
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How Gov't May Use FARA To Target 'Domestic Terrorism'
After the Trump administration’s recent memo directing law enforcement to use the Foreign Agents Registration Act to prosecute domestic terrorism, nonprofit organizations receiving funding from foreign sources must assess their registration obligations under the statute, say attorneys at Pillsbury.
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Law School's Missed Lessons: Educating Your Community
Nearly two decades prosecuting scammers and elder fraud taught me that proactively educating the public about the risks they face and the rights they possess is essential to building trust within our communities, empowering otherwise vulnerable citizens and preventing wrongdoers from gaining a foothold, says Roger Handberg at GrayRobinson.
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5 Crisis Lawyering Skills For An Age Of Uncertainty
As attorneys increasingly face unprecedented and pervasive situations — from prosecutions of law enforcement officials to executive orders targeting law firms — they must develop several essential competencies of effective crisis lawyering, says Ray Brescia at Albany Law School.
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It's Time For The Judiciary To Fix Its Cybersecurity Problem
After recent reports that hackers have once again infiltrated federal courts’ electronic case management systems, the judiciary should strengthen its cybersecurity practices in line with executive branch standards, outlining clear roles and responsibilities for execution, says Ilona Cohen at HackerOne.
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Rules Of Origin Revamp May Be Next Big Trade Development
The rules of origin for determining what tariff applies to any given import appear to be on the cusp of an important rethink, and it seems likely that the administration will try to align the rule with its overall tariff strategy in one of three ways, says Ted Posner at Baker Botts.
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IRS Shutdown Backlog May Trigger Collection, Refund Chaos
As the IRS continues to send automated collection notices amid the ongoing federal government shutdown, a mounting backlog of unprocessed refunds, collections filings and mail is causing problems for taxpayers that will continue even after the shutdown ends, says Meeren Amin at Fox Rothschild.
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SDNY OpenAI Order Clarifies Preservation Standards For AI
The Southern District of New York’s recent order in the OpenAI copyright infringement litigation, denying discovery of The New York Times' artificial intelligence technology use, clarifies that traditional preservation benchmarks apply to AI content, relieving organizations from using a “keep everything” approach, says Philip Favro at Favro Law.
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High Court, Not A Single Justice, Should Decide On Recusal
As public trust in the U.S. Supreme Court continues to decline, the court should adopt a collegial framework in which all justices decide questions of recusal together — a reform that respects both judicial independence and due process for litigants, say Michael Broyde at Emory University and Hayden Hall at the U.S. Bankruptcy Court for the District of Delaware.
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Adapting To Private Practice: 3 Tips On Finding The Right Job
After 23 years as a state and federal prosecutor, when I contemplated moving to a law firm, practicing solo or going in-house, I found there's a critical first step — deep self-reflection on what you truly want to do and where your strengths lie, says Rachael Jones at McKool Smith.
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Painting Makes Me A Better Lawyer
Painting trains me to see both the fine detail and the whole composition at once, enabling me to identify friction points while keeping sight of a client's bigger vision, but the most significant lesson I've brought to my legal work has been the value of originality, says Jana Gouchev at Gouchev Law.
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Compliance Pointers Amid Domestic Terrorism Clampdown
A recent presidential memorandum marks a shift in federal domestic-terrorism enforcement that should prompt nonprofits to enhance diligence related to grantees, vendors and events, and financial institutions to shore up their internal resources for increased suspicious-activity monitoring and reporting obligations, say attorneys at Morgan Lewis.