Federal

  • January 30, 2025

    Tax Group Of The Year: Skadden

    Skadden Arps Slate Meagher & Flom LLP's tax practice advised on key deals and cases in 2024, including Mars Inc.'s $35.9 million acquisition of Kellanova and BlackRock Inc.'s $12.5 billion acquisition of Global Infrastructure Partners, landing it among the 2024 Law360 Tax Groups of the Year.

  • January 30, 2025

    SCOTUSblog Publisher Can't Shield Home From Forfeiture

    SCOTUSblog publisher Tom Goldstein won't be able to shield his Washington, D.C., residence from forfeiture by substituting various properties in South Carolina as he battles charges that he dodged taxes and used his law firm's money to pay off gambling debts.

  • January 30, 2025

    IRS Updates NDA Language To Include Anti-Gag Provisions

    The Internal Revenue Service has updated its nondisclosure agreement templates to include anti-gag provisions, following a review by the Treasury Inspector General for Tax Administration that found many NDAs lacked required references to whistleblower protections.

  • January 30, 2025

    Dechert's NY Office Adds Tax Pro From Milbank

    Dechert LLP said it has bolstered its global tax group by adding a former special counsel from Milbank LLP to the firm's New York office.

  • January 30, 2025

    IRS Missing Mark On Processing Paper Returns, GAO Says

    The Internal Revenue Service failed to hit its goal of processing paper returns for the 2024 tax filing season in an average of 13 days, instead taking 20, continuing a pattern of delays, the Government Accountability Office said Thursday.

  • January 29, 2025

    Court Garbled Pharma Owner's Fraud Charges, 6th Circ. Told

    An Ohio district court misrepresented healthcare fraud charges against a pharmaceutical salesman to a jury, his attorney argued Wednesday before the Sixth Circuit, calling for the court to overturn his 2023 conviction and subsequent restitution order to pay $7 million to the IRS.

  • January 29, 2025

    Pension Plans Seek Trader's Testimony In $2B Tax Fraud Suit

    Pension plans and individuals who Denmark's government alleges received fraudulent refunds have asked a New York federal court to allow U.K. court testimony into the record from a trader who Danish authorities say masterminded a $2.1 billion tax fraud, saying it shows he deceived other participants.

  • January 29, 2025

    SCOTUSBlog Publisher Faces Tough Odds In Tax Crimes Case

    SCOTUSblog publisher Tom Goldstein, an expert U.S. Supreme Court lawyer accused of paying gambling debts with funds from his law firm and dodging taxes, faces an uphill battle given the considerable amount of evidence the government has already included in an indictment against him, attorneys told Law360. 

  • January 29, 2025

    Calif. Woman Denied Relief From Joint Tax Debt

    A California woman is ineligible for relief from the tax liability she and her husband accrued due to incorrectly claimed retirement fund withdrawals, the U.S. Tax Court ruled Wednesday, upholding the Internal Revenue Service's decision to deny the relief.

  • January 29, 2025

    IRS Appellate Staff Not Afoul Of Constitution, Tax Court Says

    The U.S. Tax Court rejected arguments Wednesday by a man challenging the collection of his taxes that employees of the Internal Revenue Service's independent appeals office serve in violation of the U.S. Constitution.

  • January 29, 2025

    Donated Property Worth $12M Less, Tax Court Affirms

    An Alabama couple must pay over $2.5 million in taxes and penalties after the U.S. Tax Court on Wednesday upheld an IRS determination that the value of property they contributed to charity was worth roughly $4 million, not the nearly $16 million they claimed.

  • January 29, 2025

    White & Case Adds Global Tax Pro From McDermott

    White & Case LLP announced Wednesday that it is expanding its global tax practice by bringing in a former McDermott Will & Emery partner to its Washington, D.C., office.

  • January 29, 2025

    Tax Group Of The Year: Mayer Brown

    Mayer Brown LLP's bench of tax talent is so deep that it can help its clients sell the Chicago Cubs one day and buy $646 million of Brazilian solar farms on another. The firm's ability to offer tax transaction and advisory services across industries, transaction types and specialty areas earned it a place among the 2024 Law360 Tax Groups of the Year.

  • January 29, 2025

    Chippewa Lawyer Tells High Court His Income Isn't Taxable

    An attorney who belongs to the Minnesota Chippewa Tribe asked the U.S. Supreme Court to overturn a decision that said he owes taxes on self-employment income, saying no law expressly allows the federal taxation of income earned by Native Americans living on reservations.

  • January 29, 2025

    EU Will Keep Minimum Tax Despite US, Commissioner Says

    The European Union will maintain a 15% minimum corporate tax rate on large companies despite the U.S. government's opposition to the global tax deal, a European commissioner said Wednesday.

  • January 29, 2025

    White House Rescinds Trump's Spending Freeze

    The White House on Wednesday rescinded a directive freezing federal funding, saying it wants to end litigation and confusion, but said the move will not end a review of spending to ensure compliance with a series of executive orders by the president.

  • January 29, 2025

    11th Circ. Won't Take Back Up IRS Summons' Constitutionality

    The Eleventh Circuit on Tuesday declined to revisit its November decision rejecting a taxpayer's argument that an Internal Revenue Service summons violated his Fifth Amendment rights against self-incrimination.

  • January 28, 2025

    Lobbying Is Not A Crime, Madigan Co-Defendant Tells Jury

    An attorney for an ex-lobbyist standing trial on public corruption charges alongside former Illinois House Speaker Michael Madigan told jurors on Tuesday the government failed to establish that his client conspired to trade the ex-speaker's support for do-nothing jobs, saying all that really happened was "lobbying and politics."

  • January 28, 2025

    IRS Whistleblower Office Could Survive Trump Purge

    As President Donald Trump pushes to slash federal spending and gut government agencies, the Internal Revenue Service Whistleblower Office may remain largely unscathed since its recent efforts to efficiently reward and protect those who report illicit tax activity could align with the administration's goals.

  • January 28, 2025

    Amid Big Bets, Tom Goldstein Argued 'Poker Is Not Gambling'

    A federal indictment's jarring portrayal of pioneering U.S. Supreme Court advocate Tom Goldstein as an "ultrahigh-stakes" gambler who dodged taxes has left the legal community virtually speechless. But Goldstein's status as a serious poker player was not a secret, and in past court cases, he proclaimed the card game "fundamentally dissimilar" from conventional gambling, even while preparing to wager millions on matches.

  • January 28, 2025

    Trump Pledges Tariffs On Semiconductors, Chips, Drugs

    The U.S. will soon place tariffs on foreign-manufactured semiconductors, computer chips and pharmaceuticals in an effort to convince foreign companies to move their manufacturing operations stateside, President Donald Trump told House Republicans at a conference.

  • January 28, 2025

    Ukrainian Duo Get 15 Years In $25M Tax Fraud Case

    A Florida federal judge sentenced two Ukrainian men to 15 years in prison after they pled guilty to laundering money from a hotel staffing scheme that the U.S. government said cost it $25 million in taxes.

  • January 28, 2025

    Miami Tax Biz's False Filings Case On Hold After Settlement

    The U.S. Department of Justice and the owner of a Miami-based tax preparation business reached a settlement in a suit accusing her of filing fraudulent returns on behalf of clients, a Florida federal judge said Tuesday, administratively closing the case.

  • January 28, 2025

    Tax Group Of The Year: Cravath

    Cravath Swaine & Moore LLP helped secure high-profile mergers and acquisitions for major media and communications companies in 2024, having played key roles in Paramount's $28 billion merger agreement with Skydance Media and a separate deal involving Verizon Communications, earning the law firm a spot among the 2024 Law360 Tax Groups of the Year.

  • January 28, 2025

    Judge Temporarily Halts Trump's Funding Freeze

    A D.C. federal judge on Tuesday temporarily blocked a Trump administration freeze on federal spending that was set to go into effect at 5 p.m., as a group of nearly two dozen attorneys general filed a separate case challenging what they described as an illegal and potentially catastrophic move.

Expert Analysis

  • Trump's NY Civil Fraud Trial Spotlights Long-Criticized Law

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    A New York court’s recent decision holding former President Donald Trump liable for fraud brought old criticisms of the state law used against him back into the limelight — including its strikingly broad scope and its major departures from the traditional elements of common law fraud, say Mark Kelley and Lois Ahn at MoloLamken.

  • Requiring Leave To File Amicus Briefs Is A Bad Idea

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    A proposal to amend the Federal Rules of Appellate Procedure that would require parties to get court permission before filing federal amicus briefs would eliminate the long-standing practice of consent filing and thereby make the process less open and democratic, says Lawrence Ebner at the Atlantic Legal Foundation and DRI Center.

  • 4 Ways To Motivate Junior Attorneys To Bring Their Best

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    As Gen Z and younger millennial attorneys increasingly express dissatisfaction with their work and head for the exits, the lawyers who manage them must understand and attend to their needs and priorities to boost engagement and increase retention, says Stacey Schwartz at Katten.

  • How IRA Unlocks Green Energy Investments For Tribes

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    An Inflation Reduction Act provision going into effect May 10 represents a critical juncture for Native American tribes, offering promising economic opportunity in green energy investment, but requiring a proactive and informed approach when taking advantage of newly available tax incentives, say attorneys at Lewis Brisbois.

  • Former Minn. Chief Justice Instructs On Writing Better Briefs

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    Former Minnesota Supreme Court Chief Justice Lorie Gildea, now at Greenberg Traurig, offers strategies on writing more effective appellate briefs from her time on the bench.

  • What To Know About IRS' New Jet Use Audit Campaign

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    The Internal Revenue Service recently announced plans to open several dozen audits scrutinizing executive use of company jets, so companies should be prepared to show the business reasons for travel, and how items like imputed income and deduction disallowance were calculated, say attorneys at Morgan Lewis.

  • Stay Interviews Are Key To Retaining Legal Talent

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    Even as the economy shifts and layoffs continue, law firms still want to retain their top attorneys, and so-called stay interviews — informal conversations with employees to identify potential issues before they lead to turnover — can be a crucial tool for improving retention and morale, say Tina Cohen Nicol and Kate Reder Sheikh at Major Lindsey.

  • Judicial Independence Is Imperative This Election Year

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    As the next election nears, the judges involved in the upcoming trials against former President Donald Trump increasingly face political pressures and threats of violence — revealing the urgent need to safeguard judicial independence and uphold the rule of law, says Benes Aldana at the National Judicial College.

  • Spartan Arbitration Tactics Against Well-Funded Opponents

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    Like the ancient Spartans who held off a numerically superior Persian army at the Battle of Thermopylae, trial attorneys and clients faced with arbitration against an opponent with a bigger war chest can take a strategic approach to create a pass to victory, say Kostas Katsiris and Benjamin Argyle at Venable.

  • What Recent Study Shows About AI's Promise For Legal Tasks

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    Amid both skepticism and excitement about the promise of generative artificial intelligence in legal contexts, the first randomized controlled trial studying its impact on basic lawyering tasks shows mixed but promising results, and underscores the need for attorneys to proactively engage with AI, says Daniel Schwarcz at University of Minnesota Law School.

  • How FinCEN Proposal Expands RE Transaction Obligations

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    Against a regulatory backdrop foreshadowing anti-money laundering efforts in the real estate sector, the Financial Crimes Enforcement Network's proposed rule significantly expands reporting requirements for certain nonfinanced residential real estate transfers and necessitates careful review, say attorneys at Fried Frank.

  • What To Know About Employee Retention Credit Disclosures

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    Employers that filed potentially erroneous employee retention credit claims should take certain steps to determine whether the IRS’ voluntary disclosure program is a good fit and, if so, prepare a strong application before the window closes on March 22, say attorneys at Dentons.

  • Litigation Inspiration: A Source Of Untapped Fulfillment

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    As increasing numbers of attorneys struggle with stress and mental health issues, business litigators can find protection against burnout by remembering their important role in society — because fulfillment in one’s work isn’t just reserved for public interest lawyers, say Bennett Rawicki and Peter Bigelow at Hilgers Graben.

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