Federal

  • January 22, 2026

    Facts of IRS, Couple's Agreement Differ, Tax Court Says

    A dispute over the details of an agreement between the Internal Revenue Service and a couple in a collection due process case bar the U.S. Tax Court from granting summary judgment to either party, the Tax Court said Thursday.

  • January 22, 2026

    Man Can't Blame Tax Preparer For Failure To File, IRS Says

    A man found to have received income by using his company's cash as his own can't escape penalties by blaming his tax preparer for his failure to file, the government told the U.S. Tax Court.

  • January 22, 2026

    Judge Severs Tax Charges From Ex-Rep's Foreign Agent Case

    A former Florida congressman will get to contest tax charges against him separately from a criminal indictment alleging he and a political consultant failed to register as foreign agents while lobbying on behalf of Venezuela's state oil company, a federal judge ruled.

  • January 22, 2026

    Digital Services Taxes May Give Leverage In US Trade Deals

    As President Donald Trump and his administration continue to negotiate with trading partners seeking to lower tariff rates, countries with digital services taxes could find those measures build some leverage with U.S. negotiators aiming to eliminate them. 

  • January 22, 2026

    Tax Court Grants Spousal Relief To Doc In Abuse-Tainted Case

    The U.S. Tax Court granted full innocent spouse relief to a Massachusetts physician facing a six-figure tax bill after her husband made withdrawals from her retirement account, saying Thursday it would be inequitable for her to be liable after suffering years of abuse.

  • January 21, 2026

    Hospital Ineligible For $11.5M COVID Tax Credit, Gov't Says

    A hospital forced to suspend its normal business as it responded to the COVID-19 pandemic isn't entitled to an $11.5 million tax refund for employee retention credits and its lawsuit should be thrown out, the U.S. government told a Washington federal court.

  • January 21, 2026

    3rd Circ. Questions Mushroom Farmer's Tax Bill Accounting

    A Third Circuit panel appeared skeptical Wednesday of a woman's bid to reduce her prison term for tax violations connected to her family's mushroom farm, with judges suggesting that different swaths of taxes she failed to pay the government could be grouped together as "relevant conduct" under federal sentencing guidelines.

  • January 21, 2026

    $30M In Tax Fraud Penalties Required Juries, High Court Told

    A think tank and a legal center threw their support Wednesday behind a group of taxpayers asking the U.S. Supreme Court to find that the IRS violated their rights to a jury trial when it slapped them with more than $30 million in penalties for tax fraud.

  • January 21, 2026

    Trump Backs Off Tariffs Over Greenland With Deal In Works

    President Donald Trump announced Wednesday he will back down from tariff threats on European countries in an effort to acquire Greenland after reaching an agreement on a framework for a deal involving U.S. security interests in the Arctic region.

  • January 21, 2026

    IRS Urged To Give IP Relief For Energy Manufacturing Credit

    Intellectual property licensing deals shouldn't trigger foreign-entity restrictions barring access to the advanced manufacturing tax credit for clean-energy parts when the components at issue are merely byproducts of the licensed production process, Miller & Chevalier attorneys told the U.S. Treasury Department and the IRS.

  • January 21, 2026

    Energy Co. Wants Tariffs Excluded From Tax Credit

    A Wisconsin energy company asked the U.S. Treasury Department to exclude tariffs from a new calculation of eligibility for clean energy tax credits, saying shifting federal policy on the levies could threaten the incentive to make major investments domestically.

  • January 20, 2026

    Goldstein Poker Pals Got Money From Firm, Witness Says

    A former office manager at Thomas Goldstein's law firm Tuesday told the jury in his tax fraud trial in Maryland federal court that hundreds of thousands of dollars in wire transfers sent to the U.S. Supreme Court lawyer's poker counterparts were classified as business transactions in documents used by the firm's tax accountants.

  • January 20, 2026

    Law360 Names Firms Of The Year

    Eight law firms have earned spots as Law360's Firms of the Year, with 48 Practice Group of the Year awards among them, achieving milestones such as high-profile litigation wins at the U.S. Supreme Court and 11-figure merger deals.

  • January 20, 2026

    Treasury Officials Warn Of Hurdles In 'Trump Account' Rollout

    The U.S. Department of the Treasury is racing to open a new retirement savings program for children known as Trump Accounts by early July, and officials are warning that the effort will require a massive undertaking to deliver seed payments and build nationwide systems to track eligibility and contributions.

  • January 20, 2026

    IRS Can't Probe Partner-Tier Employment Taxes, 1st Circ. Told

    The IRS is not authorized to scrutinize a partner's taxable net earnings at the business-entity level under a 1982 law governing partnership audits, an energy investment firm told the First Circuit, challenging the agency's bid to subject limited partners to the self-employment tax.

  • January 20, 2026

    IRS Funding Boost Faces $11.7B Cut In Bipartisan Package

    Congress would cut $11.7 billion from the IRS spending boost included in the Inflation Reduction Act under a bipartisan, bicameral spending package released Tuesday by the House and Senate Appropriations committees.

  • January 20, 2026

    Tax Court Wrongly Cut Conservation Gift Value, 4th Circ. Told

    The U.S. Tax Court made multiple errors when it reduced the value of rock-rich land underlying a North Carolina partnership's conservation easement donation, the partnership told the Fourth Circuit, urging it to at least reverse penalties imposed by the court as a result of its findings.

  • January 16, 2026

    Law360 Names Practice Groups Of The Year

    Law360 would like to congratulate the winners of its Practice Groups of the Year awards for 2025, which honor the attorney teams behind litigation wins and significant transaction work that resonated throughout the legal industry this past year.

  • January 18, 2026

    Trump Threatens 10% Tariff To Goad EU Nations On Greenland

    President Donald Trump said he would impose a 10% tariff on several countries in the European Union beginning Feb. 1 as a way to build pressure toward his goal for the U.S. to purchase Greenland, according to a social media post.

  • January 17, 2026

    5th Circ. OKs Self-Employment Tax Break For Limited Partners

    Business partners with limited liability under state law are excluded from the federal self-employment tax, a Fifth Circuit panel ruled, siding with a management consulting firm in its long-running controversy over the levy's limited-partner exception.

  • January 16, 2026

    DOJ Says Wife Owes FBAR Penalties On India Account

    A New York federal court should find that a businessman's wife owes penalties for his failure to report his Indian bank account to the Internal Revenue Service after he deposited $1.5 million from the sale of a New York apartment complex, the U.S. Department of Justice argued Friday.

  • January 16, 2026

    Treasury's Rule Pace Unchanged After Loper Bright, Atty Says

    The U.S. Supreme Court's 2024 landmark decision limiting federal agencies' deference in interpreting ambiguous statutes has not significantly altered the pace and volume of the U.S. Department of the Treasury's rulemaking workload, a Treasury attorney said Friday.

  • January 16, 2026

    IRS Rightly Withheld Worker Tax Credit FOIA Docs, Court Says

    The Internal Revenue Service properly invoked two Freedom of Information Act exemptions to withhold portions of internal directives about the employee retention tax credit requested by an attorney who represents taxpayers in disputes with the agency, an Alabama federal court said.

  • January 16, 2026

    IRS Boosts Mediation Training In Appeals, Official Says

    The IRS has ramped up its training of appeals officers to perform mediation work to account for the recent reduction of staff as part of the agency's ongoing emphasis to quickly resolve taxpayer issues through the alternative dispute resolution process, an official said Friday.

  • January 16, 2026

    Taxation With Representation: Stibbe, A&O Shearman, Latham

    In this week's Taxation With Representation, Keurig Dr Pepper Inc. plans to complete its deal to snap up coffee company JDE Peet's NV, Boston Scientific Corp. acquires medical device company Penumbra Inc., and fitness and wellness platform parent Playlist merges with fitness technology company EGYM.

Expert Analysis

  • BigLaw Settlements Should Not Spur Ethics Deregulation

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    A recent Law360 op-ed argued that loosening law firm funding restrictions would make BigLaw firms less inclined to settle with the Trump administration, but deregulating legal financing ethics may well prove to be not merely ineffective, but counterproductive, says Laurel Kilgour at the American Economic Liberties Project.

  • 5 Ways Lawyers Can Earn Back The Public's Trust

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    Amid salacious headlines about lawyers behaving badly and recent polls showing the public’s increasingly unfavorable view of attorneys, we must make meaningful changes to our culture to rebuild trust in the legal system, says Carl Taylor at Carl Taylor Law.

  • Legal Jeopardy Looms Over Trump's Trade Negotiation Plans

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    Even as the Trump administration announces one trade deal after another, the legal authority of the executive branch to impose tariffs under consensual arrangements with leading trading partners is just as debatable as the unilateral imposition of U.S. tariffs under the president's executive orders, says Jeffrey Bialos at Eversheds Sutherland.

  • Opportunity Zone Overhaul Is Good News For Investors

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    Recently enacted reforms making the qualified opportunity zone program permanent, restoring the basis step-up for capital gains and adding flexibility to the zone designation process enhance the program’s appeal for long-term investment, says Steven Hadjilogiou at McDermott.

  • White House Report Strikes An Optimistic Note On Crypto

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    Taking seriously President Donald Trump's pledge to adopt a pro-innovation mindset toward digital assets and blockchain technologies, a recent benchmark White House report on crypto provides a comprehensive regulatory framework that takes into account the products' novel characteristics within the high-tech ecosystem, say attorneys at Davis Wright.

  • Bipartisan Bill Could Aid ESOP Formation, Valuation Clarity

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    The proposed Retire through Ownership Act represents a meaningful first step toward clarifying whether transactions qualify under the adequate consideration exemption in the Employee Retirement Income Security Act, potentially eliminating the litigation risk that has chilled employee stock ownership plan formation, say attorneys at Moore & Van Allen.

  • Bar Exam Reform Must Expand Beyond A Single Updated Test

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    Recently released information about the National Conference of Bar Examiners’ new NextGen Uniform Bar Exam highlights why a single test is not ideal for measuring newly licensed lawyers’ competency, demonstrating the need for collaborative development, implementation and reform processes, says Gregory Bordelon at Suffolk University.

  • A Simple Way Courts Can Help Attys Avoid AI Hallucinations

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    As attorneys increasingly rely on generative artificial intelligence for legal research, courts should consider expanding online quality control programs to flag potential hallucinations — permitting counsel to correct mistakes and sparing judges the burden of imposing sanctions, say attorneys at Lankler Siffert & Wohl and Connors.

  • Supreme Court's Criminal Law Decisions: The Term In Review

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    Though the U.S. Supreme Court’s criminal law decisions in its recently concluded term proved underwhelming by many measures, their opinions revealed trends in how the justices approach criminal cases and offered reminders for practitioners, says Kenneth Notter at MoloLamken.

  • Budget Act's Deduction Limit Penalizes Losing Gamblers

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    A provision in the One Big Beautiful Bill Act that reduces the deduction for gambling losses is unfair to professional and recreational players, risks driving online activity to offshore sites, and will set back efforts to legalize and regulate the industry, says Walter Bourdaghs at Kang Haggerty.

  • The Legal Education Status Quo Is No Longer Tenable

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    As underscored by the fallout from California’s February bar exam, legal education and licensure are tethered to outdated systems, and the industry must implement several key reforms to remain relevant and responsive to 21st century legal needs, says Matthew Nehmer at The Colleges of Law.

  • 6 Questions We Should Ask About The Trump Trade Deals

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    Whenever the text becomes available, certain questions will help determine whether the Trump administration’s trade deals with U.S. trading partners have been crafted to form durable economic relationships, or ephemeral ties likely to break upon interpretive disagreement or a change in political will, says Ted Posner at Baker Botts.

  • E-Discovery Quarterly: Rulings On Relevance Redactions

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    In recent cases addressing redactions that parties sought to apply based on the relevance of information — as opposed to considerations of privilege — courts have generally limited a party’s ability to withhold nonresponsive or irrelevant material, providing a few lessons for discovery strategy, say attorneys at Sidley.

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