Featured Stories

Donor Fund Regs Could Imperil Nonprofit-Sponsored Projects

So-called fiscal sponsorship funds set up at established nonprofits to help new projects start charitable work cou... (more story)

Stressed About The Trump Trial? Imagine How The Attys Feel

A trial-of-the-century moment like Donald Trump's New York criminal case heaps singular attention and pressure on ... (more story)

4 Takeaways From Tax Court Nix Of Easement Perpetuity Rule

The U.S. Tax Court's scrapping of an IRS rule on the perpetuity requirements for conservation easements could draw... (more story)

Federal More

Retrial For Feds' Conduct Denied In $12M Tax Fraud Case

An Atlanta man convicted of running a $12 million tax refund fraud scheme isn't entitled to a new trial even though federal prosecutors withheld evidence that the man said minimized his role in the crime, a fe... (more story)

This Earth Day, Consider How Your Firm Can Go Greener

As Earth Day approaches, law firms and attorneys should consider adopting more sustainable practices to reduce their carbon footprint — from minimizing single-use plastics to purchasing carbon offsets for air ... (more story)

Moving Co. Execs Found Guilty In $7.7M Payroll Tax Scheme

The former president of a moving company and its head bookkeeper conspired to evade more than $7.7 million in federal payroll taxes, a New York federal jury found.

Tax Attys, Broker Peddled 'Financial Fantasy,' NC Jury Told

A North Carolina federal jury on Monday heard a series of secret recordings at the start of a tax fraud trial in which an insurance agent and a St. Louis attorney unwittingly pitched an undercover IRS agent on... (more story)

Exxon Seeks $1.8B Tax Refund As Qatar Deal Trial Opens

Exxon Mobil Corp. argued Monday in Texas federal court that its deal with Qatar to extract natural gas from the country's coast was a partnership, rather than a lease agreement, saying at the start of a trial ... (more story)

House OKs Ending Exemption For Terrorist-Supporting Orgs

The House passed legislation Monday that would authorize the Internal Revenue Service to suspend the tax-exempt status of any nonprofit organization found by the U.S. Treasury secretary to support foreign terrorism.

IRS Boasts Better Service, Direct File Progress On Tax Day

The IRS achieved an 88% level of service this year on its phone lines and maintained an average call wait time of three minutes while answering more than a million more calls than last year's filing season, th... (more story)

State & Local More

BREAKING: First 6 Jurors Sworn In For Trump's NY Trial

A New York state judge in Manhattan on Tuesday swore in the first six jurors in former President Donald Trump's hush money case and tentatively set opening statements for Monday, April 22, in the historic criminal trial.

Detroit Fire Safety 'Tax' Case Heads To Mich. Justices

The Michigan Supreme Court will hear a challenge to Detroit's fire safety inspection fees, taking up an appeal from a pipe fitter's proposed class action alleging that the charges amounted to unlawful taxes.

9th Circ. To Hear Hunter Biden Appeal In Criminal Tax Case

The Ninth Circuit will hear Hunter Biden's argument that a California federal judge wrongly rejected requests by his defense team to toss a criminal tax case that Biden has claimed is politically motivated and... (more story)

Trump Accused Of Witness Threats As Jury Selection Begins

The Manhattan district attorney's office on Monday asked the judge overseeing Donald Trump's hush money trial to find Trump in contempt for flouting the court's gag order barring witness intimidation, on day o... (more story)

Trump Can't Derail Hush Money Trial Over Media Saturation

A New York judge overseeing Donald Trump's hush money case on Friday rejected another of the former president's bids to derail trial next week, waving off his complaints that prejudicial media coverage has tai... (more story)

NJ Tax Court Awards Refunds To Web-Based Services Co.

The New Jersey Tax Court on Friday awarded a web-based services company more than a half a million dollars in refunds, saying the company's use of market-based sourcing to compute the numerator of its state re... (more story)

Miss. Justices Told Gas Co.'s Freight Charges Subject To Tax

A natural gas transportation company operating in Mississippi was required to pay use tax on freight charges paid to a third party when it purchased items, the state Department of Revenue told the state's high court. 

Trump Trial's Anonymous Jury Signals Sacrifice Of Service

As jury selection begins Monday in the criminal trial of former president Donald Trump, the panel's identities will remain shielded from the public and the media. So-called anonymous juries are relatively new ... (more story)

The Week In Trump: Catch Up On The Ex-President's Cases

Donald Trump and his legal team proved that they are nothing if not persistent as they repeatedly tried — and failed — to hit the brakes on the former president's porn star hush money trial in Manhattan.

International More

McDermott Hires Two Partners For Global Tax Practice In Paris

McDermott Will & Emery is expanding its global tax practice group with two partners in Paris who have a track record of advising on cross-border mergers and acquisitions and tax controversies before France's t... (more story)

Treasury Gains £12B Fiscal Headroom In New Tax Year

HM Treasury may have an extra £12 billion ($14.9 billion) to spend this financial year started April 6 thanks to the government's fiscal rule to cut national debt by 2029, the Institute for Fiscal Studies said... (more story)

Taylor Wessing Launches Ireland Tax Practice With New Hire

Taylor Wessing LLP has recruited its first tax partner in Ireland from Simmons & Simmons LLP to launch a new tax group in the country, continuing its expansion after initially setting up shop in Dublin three years ago.

EU Leaders Expected To Clash Over Corp. Tax Harmonization

European Union leaders are expected to clash at their summit Wednesday and Thursday over whether national corporate taxes should be harmonized to promote equity investments, an official from the bloc said Tuesday.

Cum-Ex Prosecutions Storm Shows No Sign Of Abating

The ongoing trial of Sanjay Shah in Denmark is a clear indicator that efforts remain focused on holding to account the alleged architects and beneficiaries of cum-ex trading, and with these prosecutions making... (more story)

FedEx Not Entitled To $84.6M In Tax Credit Dispute, US Says

FedEx is not entitled to a judgment of nearly $84.6 million that the company requested in March for its foreign tax credit dispute, the federal government said Friday in a Tennessee federal court filing.

Adviser Urges ECJ To Toss Ad Co.'s State Aid Appeal

An outdoor furniture and advertising company shouldn't be allowed to challenge a finding from the European Union's General Court that it should have paid rent and taxes for ads in Brussels that stayed up after... (more story)