Federal

  • July 24, 2025

    EU Prepared To Impose €93B In Tariffs On US Goods

    The European Commission voted Thursday to impose tariffs on €93 billion ($109 billion) worth of U.S. goods if no trade deal is reached by August as the two sides continue negotiations.

  • July 24, 2025

    Construction Co. Owner Arrested In $2.9M Payroll Tax Scheme

    A New York City construction company owner was arrested on charges of failing to pay over $2.9 million in employment taxes and falsely claiming that his wife worked as one of his laborers, according to the U.S. Department of Justice.

  • July 24, 2025

    Rising Star: McDermott's Michael Bruno

    Michael Bruno of McDermott Will & Emery LLP was tapped as lead tax counsel by two legendary athletes — Lionel Messi and Stephen Curry — for the rollouts of their respective beverage brands, earning him recognition as one of the tax attorneys under age 40 honored by Law360 as Rising Stars.

  • July 24, 2025

    GOP Reps. Urge IRS To Roll Back Economic Substance Ruling

    The Internal Revenue Service should withdraw a revenue ruling that invokes the economic substance doctrine to disregard certain intercompany transactions, 20 Republicans on the House Ways and Means Committee said Thursday, arguing it leaves taxpayers uncertain about how to apply partnership tax laws to commercial transactions.

  • July 24, 2025

    Bets On Atty's Lien Biz Lost Millions, Investor Tells Jury

    A seasoned investor told a Manhattan federal jury Thursday that he heavily backed a tax-lien fund controlled by a lawyer now accused of fraud, ultimately losing $2.9 million in supposedly low-risk bets where such losses were "not supposed to be possible."

  • July 24, 2025

    8th Circ. Says Biz Owner Can't Claim $100K Tax Refund

    A business owner is not entitled to a $100,000 tax refund or compensation for lost business opportunities he said the government owed him for making him wait for it, the Eighth Circuit said, affirming an Iowa federal court's decision.

  • July 24, 2025

    IRS Taxpayer Advocacy Panel Schedules 7 August Meetings

    Six Taxpayer Advocacy Panel subcommittees will meet in August to discuss the Internal Revenue Service's customer service, followed by a joint committee session at the end of the month, the agency announced Thursday.

  • July 23, 2025

    Fla. Man Gets 5 Years In Jail For Hiding Swiss Bank Accounts

    A Florida federal judge on Wednesday sentenced a Miami man to five years in prison on a conspiracy-related count in connection with evading taxes on approximately $20 million he held in Swiss bank accounts and setting up trusts in an attempt to hide assets.

  • July 23, 2025

    9th Circ. Revives Barrett Business Services' Secrets Case

    The Ninth Circuit has reinstated Barrett Business Services Inc.'s claims of trade secret theft against two former employees, their wives and a competing company they started.

  • July 23, 2025

    Fund Manager Drops Case Over NYC Tax ALJ Shortage

    A New York fund manager that claimed in federal court that a shortage of administrative law judges in New York City's Tax Appeals Tribunal gave it no avenue for its assessment challenge has dropped the federal case.

  • July 23, 2025

    Indiana CPA Gets 3 Years In Royalty Payment Tax Scheme

    An Indiana accountant received a three-year prison sentence for willfully preparing tax returns for clients who inappropriately claimed millions of dollars worth of business deductions based on false royalty payments made for using intellectual property, according to federal prosecutors.

  • July 23, 2025

    US Says It's Immune In Booz Allen Worker Tax Info Leak Suit

    A proposed class action seeking to hold the federal government and its contractor Booz Allen Hamilton responsible for a leak of thousands of wealthy people's tax returns, including President Donald Trump's, cannot move forward against the U.S., the government argued Wednesday, saying it's immune from the suit.

  • July 23, 2025

    Rising Star: Freshfields' Joe Soltis

    Joe Soltis of Freshfields LLP has advised companies on several multibillion-dollar transactions, including Cencora's $4.6 billion acquisition of Retina Consultants of America, earning him a spot among the tax law practitioners under age 40 honored by Law360 as Rising Stars.

  • July 23, 2025

    Katten Welcomes Ex-Gibson Dunn Tax Pro In New York

    Katten Muchin Rosenman LLP announced on Tuesday that it has added a former Gibson Dunn & Crutcher LLP of counsel to its transactional tax planning practice, noting her extensive experience in the finance space.

  • July 23, 2025

    IRS Cuts May Hamper State Tax Enforcement, Officials Warn

    Heads of state tax agencies warned Wednesday that recent cuts in IRS staffing may cause gaps in state-level tax enforcement, as agencies rely on information from the federal government to bolster auditing efforts.

  • July 23, 2025

    GOP Reps. Probe Tax-Exempt Organ Recovery Orgs

    Two House Ways and Means Committee Republicans demanded Wednesday that three tax-exempt organ procurement organizations provide the committee with financial records, flight logs, Medicare reimbursements and other documents following allegations of potential Medicare reimbursement fraud.

  • July 23, 2025

    Feds Launch Forfeiture Suit For $7M In Fraud-Linked Crypto

    The acting U.S. attorney for the Western District of Washington said she is pushing for the forfeiture of about $7 million in cryptocurrency assets seized as part of an investigation into an oil and gas investment fraud scheme.

  • July 23, 2025

    Gunster Adds Ex-Aballi Milne Wealth Attorney In Miami

    Florida business law firm Gunster added a new of counsel as well as three associates to bolster its capabilities in tax, private wealth and immigration law in South Florida.

  • July 23, 2025

    Tax Co. Owner Gets 42 Months For $3.6M COVID Loan Scheme

    The owner of a Chicago tax preparation company was sentenced to more than three years in prison for making fraudulent applications for pandemic-era relief loans and ordered to pay $3.6 million in restitution to lenders who made unwarranted payouts, the U.S. Department of Justice said.

  • July 23, 2025

    Why Private REITs Are Having A Moment

    Investments in private real estate investment trusts are surging, and that trend may strengthen as state regulators mull limiting investments in other, quasi-public REITs, while securities regulators have recently eased accreditation requirements for investors raising private capital.

  • July 22, 2025

    Trump Says US Has Reached 'Exciting' Trade Deal With Japan

    President Donald Trump on Tuesday said the United States has entered into a "massive" trade deal with Japan under which Japan will "open their country to trade, including cars and trucks, rice and certain other agricultural products" and pay a 15% tariff.

  • July 22, 2025

    Civil Rights Org. Backs 2nd Suit Over Tariffs, In Texas

    The New Civil Liberties Alliance is representing two businesses and a trade association in Texas federal court in a suit filed on Monday against the federal government — the second suit the alliance has taken on to fight President Donald Trump's emergency tariffs.

  • July 22, 2025

    FTA Communicating With IRS On New Federal Tax Changes

    The Federation of Tax Administrators has talked with the Internal Revenue Service about how the recent federal tax changes will be carried out, and it plans to communicate with state representatives to help them with the new law, the FTA's top official said Tuesday.

  • July 22, 2025

    Tax Court Clears IRS Supervisor In La. Easement Penalty Row

    An IRS supervisor timely reviewed and approved civil penalties assessed against a real estate partnership that the agency determined to have inappropriately reported a $60 million charitable tax deduction on a land easement donated to a Louisiana conservation organization, the U.S. Tax Court ruled Tuesday.

  • July 22, 2025

    Senate Panel Approves Sidley Partner To Be Top Treasury Atty

    The Senate Finance Committee approved President Donald Trump's nomination of a Sidley Austin LLP partner to be general counsel of the U.S. Department of the Treasury, sending his nomination to the full Senate for consideration.

Expert Analysis

  • How Attorneys Can Master The Art Of On-Camera Presence

    Author Photo

    As attorneys are increasingly presented with on-camera opportunities, they can adapt their traditional legal skills for video contexts — such as virtual client meetings, marketing content or media interviews — by understanding the medium and making intentional adjustments, says Kerry Barrett.

  • Adapting To Private Practice: From Fed. Prosecutor To BigLaw

    Author Photo

    Making the jump from government to private practice is no small feat, but, based on my experience transitioning to a business-driven environment after 15 years as an assistant U.S. attorney, it can be incredibly rewarding and help you become a more versatile lawyer, says Michael Beckwith at Dickinson Wright.

  • Justices' False Statement Ruling Curbs Half-Truth Liability

    Author Photo

    The U.S. Supreme Court’s recent Thompson v. U.S. decision clarified that a federal statute used to prosecute false statements made to bank regulators only criminalizes outright falsehoods, narrowing prosecutors’ reach and providing defense counsel a stronger basis to challenge indictments of merely misleading statements, says Tamara de Silva at De Silva Law Offices.

  • Perfecting Security Interests In Renewable Energy Tax Credits

    Author Photo

    The ability to transfer renewable energy tax credits has created new opportunities for developers, investors and lenders, but it also raises important questions regarding when and how the security interests in these credits are perfected — questions that must be answered definitively to protect credit claims and transactions, says Harry Teichman at Stinson.

  • Firms Still Have Lateral Market Advantage, But Risks Persist

    Author Photo

    Partner and associate mobility data from the fourth quarter of 2024 shows that we’re in a new, stable era of lateral hiring where firms have the edge, but leaders should proceed cautiously, looking beyond expected revenue and compensation analyses for potential risks, say Julie Henson and Greg Hamman at Decipher Investigative Intelligence.

  • Making The Opportunity Zones Program Great At Last

    Author Photo

    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.

  • We Must Allow Judges To Use Their Independent Judgment

    Author Photo

    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

    Author Photo

    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.

  • Making The Case For Rest In The Legal Profession

    Author Photo

    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

    Author Photo

    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

    Author Photo

    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

    Author Photo

    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

    Author Photo

    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.

Can't find the article you're looking for? Click here to search the Tax Authority Federal archive.