Federal
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October 19, 2026
Tax Court Disallows Ohio Partnerships' Easement Deductions
Two Ohio partnerships improperly claimed tens of millions of dollars in charitable contribution deductions for donations of easements placed over the facades of historic buildings, the U.S. Tax Court said Monday, finding the companies grossly overstated the easements' values.
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October 19, 2026
Tax Court Cuts Ga. Conservation Easement Deductions
Two companies are entitled to smaller charitable contribution deductions for conservation easements than what they claimed, the U.S. Tax Court said, imposing a penalty for gross valuation misstatement in each case.
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October 19, 2026
Meta Says It Didn't Concede Stock Options Issue In Facebook
Despite IRS arguments to the contrary, Meta Platforms told the U.S. Tax Court that it didn't concede that stock option costs need to be included in cost-sharing agreements between affiliates in a prior case involving its predecessor, Facebook.
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October 19, 2026
Adviser In Easement Suit Looks To Shed Malpractice Claim
A financial adviser urged a Georgia federal court to toss a professional malpractice claim in a suit alleging it referred clients to participate in an illegitimate conservation easement scheme, saying the claim is time-barred under state law.
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October 19, 2026
High Court To Mull Home Distilling Ban Following Circuit Split
The U.S. Supreme Court on Monday agreed to take up a case on the federal tax code's ban on distilling whiskey at home after the Fifth Circuit found the ban unconstitutional but the Sixth Circuit upheld the ban.
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October 16, 2026
IRS Urged To Shore Up Efforts To Curb 'Ghost Preparers'
The Internal Revenue Service should enhance data collection, sharing and analysis in order to more effectively crack down on tax preparers who hide their identities on returns, the U.S. Government Accountability Office said in a report released Friday.
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October 16, 2026
Could A Criminal Sentencing Case Upend Loper Bright?
U.S. Supreme Court Justice Neil Gorsuch is concerned that a ruling instructing trial courts to defer to the U.S. Sentencing Commission's interpretation of federal sentencing guidelines could blow a "pretty big hole" in the court's recent rejection of deference doctrines. His colleagues, however, don't appear as perturbed.
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October 16, 2026
Applicable Federal Rates To Climb In November, IRS Says
Applicable federal rates are set to increase across the board in November for federal income tax purposes, the Internal Revenue Service announced Friday.
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October 16, 2026
IRS Finalizes Rules To Take Payments Directly By Credit Card
Taxpayers could sidestep third-party payment processors and make tax payments directly to the Internal Revenue Service using their credit card under final rules released by the agency Friday.
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October 16, 2026
Taxation With Representation: Freshfields, Morgan Lewis
In this week's Taxation With Representation, Penske Automotive Group Inc. agrees to be taken private by Motown Acquisition Corp., a GTCR-led group of private investment firms acquires software firm CCC Intelligent Solutions Holdings Inc. and a Steris PLC subsidiary buys specialty surgical products business Xodus Medical Inc.
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October 16, 2026
Eaton To Defend Prices Paid For Breaker Products At Trial 2
Ohio-based Eaton Corp. is preparing to defend the prices it paid during 2011 to 2013 for electrical breakers and other products from manufacturing affiliates in Puerto Rico and the Dominican Republic when its second U.S. Tax Court trial begins Nov. 2.
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October 15, 2026
No Sanctions Over Lost Evidence In Tax Software Dispute
A Pennsylvania federal court won't sanction tax software company Avalara Inc. for destroying evidence in an employee poaching suit brought by a rival, as the judge adopted a special master's findings that the rival couldn't show the missing evidence harmed its case.
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October 15, 2026
IRS Says Donor Disclosure Rule Is Key To Tax Compliance
The Internal Revenue Service's nonprofit donor disclosure rule doesn't violate the First Amendment, the agency told a D.C. federal court, arguing the rule promotes voluntary compliance from nonprofits through information reporting requirements.
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October 15, 2026
Innocent Spouse Tax Relief Bid Timely Filed, 5th Circ. Told
The U.S. Tax Court improperly concluded that a Texas woman narrowly missed a statutory filing deadline in seeking innocent spouse relief on federal income taxes and shouldn't have dismissed her case, she told the Fifth Circuit, arguing the deadline isn't jurisdictional.
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October 15, 2026
IRS Finalizes Liability Regs In Corporate Group Transfers
The Internal Revenue Service finalized regulations Thursday clarifying that a corporate subsidiary's tax basis in stock received in an intracompany transfer will exclude certain liabilities assumed by the transferee subsidiary, affecting affiliated groups of companies that file one income tax return together.
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October 15, 2026
Partnership Defends 1,500-Acre Gift, $19M Deduction
A partnership that donated over 1,500 acres in Bullock County, Alabama, to a conservancy in 2018 should be allowed to deduct $19.4 million for the gift and isn't liable for penalties, it told the U.S. Tax Court.
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October 14, 2026
Sens. Probe Meta For Claiming Tax Credits On AI Data Centers
Democratic senators called on Meta CEO Mark Zuckerberg to explain why he's justifying the use of billions in federal research tax credits to pay for building the company's AI data centers, warning that doing so is a possible misapplication of federal tax law that could prompt further investigation.
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October 14, 2026
DOJ, IRS Say Enforcement Surge Exposed $490M In Tax Fraud
The U.S. Department of Justice prosecuted 76 people linked to more than $490 million in federal revenue losses as part of a stepped-up enforcement effort with the IRS and U.S. attorneys' offices over the past six weeks, the leader of the DOJ's new fraud division said Wednesday.
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October 14, 2026
Trustee Asks 1st Circ. To Nix Shuttered Bank Owner's Claims
A Puerto Rico federal court properly dismissed claims against a trustee appointed to administer the receivership of a shuttered online bank suspected of facilitating tax evasion and money laundering, he told the First Circuit, saying he's entitled to 11th Amendment immunity because he was sued in his official capacity.
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October 14, 2026
Boston Financial Raises $191M For Affordable Housing Fund
Boston Financial has closed its latest low-income housing tax credit fund at $191 million, with plans to funnel the capital toward 16 affordable housing communities in 12 states, the firm announced Wednesday.
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October 14, 2026
Double Tax Fears In UN Talks Are Overblown, Economists Say
Wealthy countries are invoking the risk of double taxation to defend existing international tax rules that let multinational corporations pay little or nothing, a group of economists said Wednesday in urging good faith negotiations at an upcoming United Nations conference.
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October 14, 2026
IRS Proposes To Block Immigrants From Premium Tax Credit
Rules proposed Wednesday by the Internal Revenue Service would bar many immigrants from claiming the refundable tax credit for health insurance purchased through an exchange and impose new verification requirements for advance payments.
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October 13, 2026
Former Strip Club Boss Gets 16 Months In $3M Tax Case
A soon-to-be 70-year-old former strip club boss accused of hiding $3 million from the IRS was sentenced to a below-guidelines prison term of 16 months on Tuesday, after the mother of his 3-year-old child asked a Connecticut federal judge for leniency.
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October 13, 2026
H&R Block Says Liberty Owes $6M For TurboTax Suit Defense
H&R Block's subsidiaries told a California federal judge on Friday that Liberty Mutual must pay over $6 million in costs they incurred defending themselves in an underlying suit filed by rival Intuit, which accused H&R Block of making misleading price comparisons between its products and Intuit's TurboTax products.
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October 13, 2026
Tax Court Says Couple Failed To Back Up Receipts, Deduction
A Pennsylvania businessman and his spouse understated their gross receipts, the U.S. Tax Court said in an opinion released Monday, finding they aren't entitled to a deduction for meals or repairs and maintenance.
Expert Analysis
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Proof, Not Just Timing, Will Decide Clean Energy Credits
For wind and solar projects that sprinted to begin construction before the accelerated placed-in-service deadline of July 4, project owners must now assemble and maintain documentation to qualify the project and defend against a potential clean energy credit audit, says Peter Lowy at Nelson Mullins.
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Choral Singing Makes Me A Better Lawyer
Singing in the New York City Bar Chorus — a hobby partly inspired by the late U.S. District Judge Richard Owen, who infused my clerkship year with opera music — has improved my legal career by refining my abilities to listen, exude confidence and develop emotional intelligence, says Bonnie Baker at Friedman Kaplan.
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Tariff Refunds May Reshape Loan Covenant Calculations
Tariff refunds issued after the U.S. Supreme Court's Learning Resources decision may complicate borrowers' covenant calculations depending on accounting treatment, the timing of recognition, customer reimbursement obligations and credit agreement language, say attorneys at Mayer Brown.
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Power To The Paralegals: Burnout As A Structural Problem
Law firm leadership can best retain their paralegals not by encouraging self-care, but by seeking top-down structural solutions for the quiet proliferation of responsibilities and the vicarious exposure to client trauma that particularly drive burnout in this vital role, says Erika Sneeringer at Brockstedt Mandalas.
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Managing Post-IEEPA Tariff Refunds, Replacements And Risks
Companies and investors reeling from the rapid changes resulting from February's U.S. Supreme Court ruling that the International Emergency Economic Powers Act doesn't authorize tariffs should focus on understanding the duty refund process, the likely replacement tariffs and the operational ways they can minimize their tariff exposure, say attorneys at Debevoise.
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Wire Fraud Ruling May Upend White Collar Enforcement
A Texas federal court’s recent decision in U.S. v. Garza, dismissing wire fraud charges arising from an alleged $1 billion tax shelter scheme, advances a broader constitutional principle that could affect sentencing and reshape charging practices across white collar criminal cases involving specialized statutory regimes, say attorneys at Benesch.
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Economic Questions To Ask Amid Tariff Refund Class Actions
The U.S. Supreme Court's recent holding that the International Emergency Economic Powers Act doesn't authorize the president to impose tariffs has sparked class actions, but determining whether a retailer received a windfall is complex, even if it passed tariff costs into consumer prices before receiving a refund, say economists at Ankura Consulting Group.
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Cow Horse Makes Me A Better Lawyer
Moving an unwilling 800-pound cow while riding a horse at high speed is exhilarating, a little unhinged and, at least for me, a surprisingly effective training ground for litigation — both demand focus, preparation over rigid planning and the willingness to act despite fear, says Ashley Zitrin at Glenn Agre.
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Checking For AI Errors Is Now A Two-Way Street
A handful of recent federal and state cases demonstrate the importance of checking for errors generated by artificial intelligence not only in your own court submissions, but also your opponent's, as well as when catching opposing counsel's AI mistakes could result in an award for attorney fees, says Tamara Barago at Hollingsworth.
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5 Things Associates Must Ask About Their Firm's Merger Plan
The associates who navigate law firm mergers best ask the right questions early, such as inquiring about partners' plans, to assess how the merger could affect their workflow and career path, says Jackie Bokser-LeFebvre at Major Lindsey.
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2 'Rocket Dockets' And The Rules That Propel Them
The fastest civil trial courts in the country are currently in the Eastern District of Virginia and the Southern District of Florida, and their chief judges provide insights into the court rules that keep them ahead, says Robert Tata at Hunton.
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Key Legal Considerations For Data Center Battery Storage
Battery energy storage systems have become essential infrastructure for data center development — but as trade, energy and tax policies continue to shift, companies operating in this space must understand the importance of supply chain requirements and industry-tailored contracts, says RJ Colwell at Davis Graham.
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Your Next Litigation Hold Should Cover AI Chat Logs
The Delaware Chancery Court’s recent decision in Fortis Advisors v. Krafton to treat a CEO’s artificial intelligence chats as substantive evidence is being read as a discovery warning to litigators, but there is a second duty-to-preserve lesson that is especially pertinent to in-house counsel, say attorneys at Faegre Drinker.