Federal

  • June 11, 2026

    Revised Microcaptive Rules Still Violate APA, 6th Circ. Told

    A microcaptive insurance advisory firm asked the Sixth Circuit on Thursday to overturn a Tennessee federal court's ruling that a set of revised IRS rules requiring taxpayers to disclose some microcaptive arrangements doesn't violate the Administrative Procedure Act.

  • June 11, 2026

    Fed. Circ. Pauses Trade Court's Limited Block Of Global Tariffs

    The Federal Circuit halted a U.S. Court of International Trade ruling prohibiting the government from collecting temporary global tariffs on two retailers and the state of Washington while it considers whether those duties are lawful, according to an order Thursday.

  • June 11, 2026

    Investors Say Energy Co. Sold Fraudulent Tribal Tax Credits

    Two investors accused an energy company of selling them fraudulent tax shelters marketed as tribal tax credits for $600,000 in a complaint filed in an Arkansas federal court.

  • June 11, 2026

    Auto Parts Biz Says Freight Co. Duped It Into Container Fraud

    A Michigan-based importer and seller of aftermarket auto parts that was stuck with added costs from U.S. Customs and Border Protection related to empty shipping containers has sued its freight-forwarding contractor, claiming it was tricked into facilitating a fraud scheme.

  • June 11, 2026

    Senate Bill Would Increase Stock Buyback Tax

    A 4% excise tax would be imposed on stock buybacks under legislation introduced by several high-ranking Senate Democrats, including Senate Minority Leader Chuck Schumer, on Thursday.

  • June 11, 2026

    FedEx Tells 6th Circ. Recent Rulings Back $89M Tax Refund

    FedEx's case for an $89 million tax refund is supported by a decision in the U.S. Tax Court that outlined a formula for disallowing foreign tax credits and a Sixth Circuit decision about how to view the purpose of tax legislation, the company told the Sixth Circuit.

  • June 11, 2026

    Man Agrees To $10M Tax Bill Over Unreported Biz Income

    A man found to have received income by using his company's cash as his own is on the hook for approximately $10.4 million in taxes and penalties, according to agreed-upon computations the taxpayer and the U.S. government filed in the U.S. Tax Court.

  • June 10, 2026

    4 Key Questions Surrounding US Forced Labor Tariff Rates

    New proposed U.S. tariffs meant to address goods tied to forced labor are likely to create new administrative burdens for importers, from new compliance hurdles domestically to the potential for retaliatory measures by trading partners on U.S. goods shipped abroad, attorneys told Law360.

  • June 10, 2026

    Income Tax Underpayment Due To Fraud, Tax Court Rules

    A couple's income tax underpayment stemmed from fraud, the U.S. Tax Court said in an order Wednesday, affirming the Internal Revenue Service's income tax deficiencies and civil fraud penalties.

  • June 10, 2026

    Treasury Previews Guidance For Scholarship Tax Credit

    Guidance is coming soon on a new federal scholarship tax credit to help prepare for its planned launch at the start of 2027, including definitions of certain terminology and certain reporting requirements, the U.S. Department of the Treasury said Wednesday.

  • June 10, 2026

    IRS Lists Counties Eligible For Energy Community Credit

    The Internal Revenue Service on Wednesday provided a list of eligible energy communities that can claim the Inflation Reduction Act's energy community bonus credit.

  • June 10, 2026

    Amgen Can't Amend Petition To Address Potential Double Tax

    Drugmaker Amgen isn't entitled to amend its petition to protect against possible double taxation after an eight-week trial and briefing in its income-allocation case already have been completed, the U.S. Tax Court said, noting that the trial concluded in January 2025.

  • June 10, 2026

    Former Sen. Tim Scott Staffer Joins K&L Gates In DC

    A former committee staff director for U.S. Sen. Tim Scott, R-S.C., has been hired at K&L Gates LLP, the firm announced Wednesday, following her time as a senior vice president with a bipartisan government relations and lobbying firm.

  • June 10, 2026

    AI Startup Says Worker Must Arbitrate Misclassification Suit

    A hiring startup that supplies workers to train artificial intelligence models for OpenAI, Anthropic and Meta urged a Texas federal judge to send a proposed class action alleging worker misclassification to individual arbitration, arguing the named plaintiff signed seven agreements requiring it.

  • June 10, 2026

    Perkins Coie Atty Talks Tax Law 'Tension' In Data Center REITs

    A real estate investment trust can be an attractive business model for data centers, but complying with federal REIT rules is tricky for properties with digital infrastructure, given their unique needs, according to a Perkins Coie LLP partner.

  • June 10, 2026

    Partnership Agrees To Zero Out $56M Deduction For Land Gift

    A partnership claiming a $56 million tax deduction for its 2019 donation of more than 200 acres in Louisiana agreed with the IRS that its deduction for the gift should be zero but that it is entitled to an "other deduction" of nearly $11 million for the same year.

  • June 10, 2026

    5th Circ. Rejects Gov't Bid To Revisit Home Distilling Ban

    The Fifth Circuit denied the U.S. government's request for the full court to review a three-judge panel's April opinion finding the tax code's ban on distilling whiskey at home unconstitutional after another appeals court's opposite conclusion affirmed the ban.

  • June 09, 2026

    Challengers Of Trump's 'Slush Fund' Want Proof Plan Is Dead

    Plaintiffs challenging what they call President Donald Trump's proposed $1.8 billion "slush fund" in Virginia and Washington, D.C., federal court on Tuesday expressed doubt that the administration's plan to pay victims of "lawfare and weaponization" is truly "not moving forward" as the acting attorney general has claimed.

  • June 09, 2026

    Ex-Fla. Rep. Asks For Trial Redo On Foreign Agent Charges

    A former congressman urged a Florida federal court to overturn a jury verdict finding him guilty of secretly lobbying for Venezuela's leftist regime for $50 million, arguing several missteps by the court resulted in his conviction.

  • June 09, 2026

    Bills Would Address Digital Asset Tax Gaps, Panel Hears

    Several bills under discussion in the House would clarify tax rules for digital assets and address gaps in the current tax system, stakeholders told the House Ways and Means Committee on Tuesday ahead of an expected push by the panel to create a framework for digital asset taxation.

  • June 09, 2026

    CIT Judge Skeptical Of Gov't's IEEPA Refund Appeal

    A U.S. Court of International Trade judge spent much of an hour-plus hearing Tuesday attempting to talk the federal government out of appealing his order requiring immediate refunds of President Donald Trump's invalidated tariffs, but he seemed to make little headway.

  • June 09, 2026

    Attys, Broker Lose 4th Circ. Bid To Toss Tax Convictions

    The Fourth Circuit on Tuesday affirmed the convictions of a father-daughter attorney duo and an insurance agent in a $22 million tax avoidance scheme, rejecting their arguments that the calculations on the allegedly false tax forms were technically true and the venue was improper.

  • June 09, 2026

    Donor Inflated Easement's Value To $12M, 10th Circ. Told

    A partnership improperly inflated the value of a North Carolina conservation easement donation to nearly $12 million to claim a sizable charitable tax deduction and failed to support the valuation, the IRS told the Tenth Circuit.

  • June 09, 2026

    NJ Assembly Bill Seeks Temporary Surtax On Tariff Refunds

    New Jersey would establish a temporary surtax on businesses that receive refunds of tariffs imposed by President Donald Trump under the International Emergency Economic Powers Act, which were struck down by the U.S. Supreme Court this year, as part of a bill introduced in the state Assembly.

  • June 09, 2026

    The Law360 400: A Look At The Top 100 Firms

    The race to build the legal industry's largest law firm accelerated in 2025, with major firms leaning on mergers, lateral hiring and strategic expansion to climb the ranks of the Law360 400.

Expert Analysis

  • 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.

  • Section 1983 Has Promise After End Of Nationwide Injunctions

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    After the U.S. Supreme Court recently struck down the practice of nationwide injunctions in Trump v. Casa, Section 1983 civil rights suits can provide a better pathway to hold the government accountable — but this will require reforms to qualified immunity, says Marc Levin at the Council on Criminal Justice.

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