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Federal
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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.
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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.
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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.
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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.
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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.
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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.
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June 09, 2026
Longtime Gibson Dunn Tax Partner Joins Paul Weiss In DC
Paul Weiss Rifkind Wharton & Garrison LLP has hired a tax partner from Gibson Dunn & Crutcher LLP who spent over 15.5 years there advising investment funds, private equity sponsors and other clients on tax planning issues.
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June 08, 2026
DC Judge Undoes IRS Wind, Solar Tax Credit Limitations
A D.C. federal judge has vacated an Internal Revenue Service notice limiting how wind and large-scale solar projects can qualify for two Biden-era clean energy tax credits, finding the Trump administration didn't sufficiently consider reliance interests and explain its rationale for the change.
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June 08, 2026
Colo. Jury Convicts 4 In $50M Tax Shelter Fraud Scheme
A Colorado federal jury convicted four individuals Monday of conspiring to defraud the government by using their businesses to help promote and sell abusive and illegal trust tax shelters, leading to about $50 million in losses over more than a decade.
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June 08, 2026
IRS-ICE Data Sharing Deal Lacked Safeguards, TIGTA Says
The data sharing agreement between the IRS and U.S. Immigration and Customs Enforcement did not meet requirements to ensure the confidentiality and integrity of federal taxpayer data, the Treasury Inspector General for Tax Administration said in a report released Monday.
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June 08, 2026
Todd Blanche Officially Nominated To Be AG
President Donald Trump on Monday officially nominated Todd Blanche to be attorney general.
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June 08, 2026
5th Circ. Says Estate's $17M Transfer Was Mainly Tax-Driven
The Internal Revenue Service properly denied an estate's attempt to reduce the value of assets moved to a partnership, the Fifth Circuit ruled Monday, rejecting arguments that the $17 million transfer was driven by reasons other than a lower estate tax bill.
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June 08, 2026
27 States Enroll In Scholarship Tax Credit Program, IRS Says
More than half of states have opted into a federal tax credit program that allows taxpayers to claim credits for contributions made to organizations that provide scholarships for grade school education expenses, the Internal Revenue Service said Monday.
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June 08, 2026
SCOTUSblog Founder Goldstein's Sentencing Delayed To July
A Maryland federal judge has agreed to push SCOTUSblog founder Thomas Goldstein's sentencing to July, after federal prosecutors speculated that his defense attorneys might come to the previously scheduled June hearing and declare that they aren't ready to proceed.
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June 08, 2026
Artist's Estate Says IRS Overvalued Works By $9M
The IRS overvalued works in the estate of artist Carmen Herrera by $9 million, the estate told the U.S. Tax Court, saying the agency erred in basing its estimation of her later work on the sales of her earlier, more marketable creations.
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June 08, 2026
Liberty Global Seeks Rehearing In $2.4B Tax Substance Fight
Telecommunications firm Liberty Global wants another shot at showing the Tenth Circuit that it's entitled to a $2.4 billion deduction linked to transactions with foreign affiliates, claiming the court misapplied a rule that can disallow tax benefits from transactions that lack economic substance.
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June 08, 2026
Reality TV Stars Say Balch & Bingham Botched Their Defense
Reality television stars Todd and Julie Chrisley, who were pardoned by President Donald Trump in May 2025 after serving over two years in prison for financial crimes, filed suit against Balch & Bingham LLP and their former defense attorney, alleging they wouldn't have been convicted "had their lawyers done their jobs."
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June 08, 2026
Okla. Firm Urges Dismissal Of EDNY Misclassification Suit
Oklahoma-based Arnold & Smith Law PLLC on Friday asked a New York federal judge to dismiss a New York attorney's lawsuit accusing the firm of misclassifying employees as contractors to avoid paying benefits, saying there is no reason to believe any of the alleged misconduct happened in New York.
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June 08, 2026
Energy Transactions Atty Returns To McGuireWoods In SF
A senior vice president with Aon's global mergers and acquisitions and transactions solutions team has rejoined McGuireWoods LLP as a partner in San Francisco, the firm announced Monday.
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June 08, 2026
Developers Stumped By Energy Credits' Foreign Debt Limits
Developers seeking to finalize projects financed with clean energy tax credits and several loans are hitting a roadblock in demonstrating to the IRS that their debt has limited ties to prohibited foreign entities, a requirement for qualifying for the incentives.
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June 08, 2026
McKesson Can't Defeat Valid Cost-Sharing Rules, Gov't Says
The U.S. government urged a Texas federal court to uphold transfer pricing regulations that pharmaceutical giant McKesson is challenging in its push for a nearly $10 million tax refund, arguing the rules fall "well within the bounds" of the underlying statutory text.
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June 08, 2026
IRS Identity Theft Partnership Designates New Work Groups
A public-private partnership between the Internal Revenue Service and the tax community to help crack down on tax-related identity theft is restructuring and creating new work groups to improve information sharing across the U.S. tax system to help crack down on such theft, the agency announced Monday.
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June 05, 2026
Calif.'s Global Reporting Bill Could Embolden Other States
A California bill that would require multinational corporations to report their global profits could spark similar legislation across the U.S. if lawmakers of revenue-hungry states perceive shortcomings in federal and international efforts to tackle profit shifting.
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June 05, 2026
11th Circ. Lets Man Fight $2.2M FBAR Penalties As Excessive
A Georgia federal court correctly found that the owner of a sports equipment business willfully failed to disclose his foreign bank accounts, but it must give him a chance to challenge $2.2 million in resulting penalties as excessive under the Eighth Amendment, the Eleventh Circuit said.
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June 05, 2026
IRS To Release Guidance On Tax-Exempt Org. Pay Excise Tax
The IRS is planning to issue proposed guidance on the expanded 21% excise tax on excess compensation at tax-exempt organizations, including updated definitions that align with changes passed under Republicans' 2025 tax overhaul, according to a notice released Friday.
Expert Analysis
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Legal Jeopardy Looms Over Trump's Trade Negotiation Plans
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.
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Opportunity Zone Overhaul Is Good News For Investors
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.
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White House Report Strikes An Optimistic Note On Crypto
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.
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Bipartisan Bill Could Aid ESOP Formation, Valuation Clarity
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.
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Bar Exam Reform Must Expand Beyond A Single Updated Test
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.
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A Simple Way Courts Can Help Attys Avoid AI Hallucinations
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.
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Supreme Court's Criminal Law Decisions: The Term In Review
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.
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Budget Act's Deduction Limit Penalizes Losing Gamblers
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.
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The Legal Education Status Quo Is No Longer Tenable
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.
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6 Questions We Should Ask About The Trump Trade Deals
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.
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E-Discovery Quarterly: Rulings On Relevance Redactions
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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Section 1983 Has Promise After End Of Nationwide Injunctions
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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Playing Soccer Makes Me A Better Lawyer
Soccer has become a key contributor to how I approach my work, and the lessons I’ve learned on the pitch about leadership, adaptability, resilience and communication make me better at what I do every day in my legal career, says Whitney O’Byrne at MoFo.