A federal appeals court appeared skeptical Tuesday of the government’s bid to lift a preliminary injunction blocking the IRS from sharing taxpayer data with immigration authorities after mistakenly disclosing thousands of immigrants’ records.
New York City Mayor Zohran Mamdani wants to cut a tax benefit used by some business owners, as part of broader efforts to close the city’s $5.4 billion budget gap.
Speaker
AI changes work itself: who stays employed longer, who exits earlier, which employers can spread costs and governance through pooling, and which collectively bargained industries see their contribution base strengthened or weakened, says Hall Benefits’ Samuel Krause in the second of a two-part article.
The current effects of AI on retirement plans are operational, fiduciary, and uneven across plan types, says Hall Benefits’ Samuel W. Krause in the first of a two-part article.
AI adoption raises profound ethical concerns—such as bias, transparency, privacy, and fairness—that ERISA fiduciaries must actively manage under their duties of prudence and loyalty, SBMA’s Alden Bianchi states.
The IRS has issued a private letter ruling on Treas. Reg. §301.9100 and I.R.C. §§263A and 446 granting a taxpayer 45 calendar days to file original Forms 3115 for accounting ...
The IRS has issued a private letter ruling on I.R.C. §336 and Treas. Reg. §301.9100 granting S corporation target a 60-day extension to execute the section 336(e) election agreement and ...
The IRS has published a private letter ruling on I.R.C. §163 and Treas. Reg. §1.163 correcting taxpayer’s net capital gain election under section 163(d)(4)(B) where taxpayer’s qualified tax professional inadvertently ...
Since President Donald Trump took office, the IRS has faced transformative changes, including a substantial reduction in its workforce and the appointment of seven different commissioners or acting commissioners.
The California Attorney General’s Office announced Wednesday it filed felony charges against an unlicensed cannabis retailer for evading approximately $7.1 million in state sales tax.
Denmark’s tax authority likely isn’t barred from suing a group of US investors already found liable for helping a hedge fund trader steal from the country’s treasury in a $2.1 billion fraud scheme, a panel of Second Circuit judges indicated Wednesday.
An Ohio man filed a lawsuit against the IRS for disallowing a $130,000 refund stemming from losses he claims resulted from being a victim of a “pig butchering” crypto scam.
The European Union is considering stockpiling fertilizers and providing relief for farmers as part of measures aimed at tackling soaring costs caused by the Middle East conflict.
The Botswanan Ministry of Finance May 7 announced the May 6 signing of a DTA with Rwanda. [Botswana, Ministry of Finance, 05/07/26]
The European Union Official Gazette May 11 published the European Court of Justice (ECJ) preliminary ruling for Case No. C-472/24, on Lithuanian VAT liability rules for in-game currency. The taxpayer, ...
The Danish Customs and Tax Administration May 11 posted online Tax Council Binding Answer No. SKM2026.233.SR, clarifying the valuation of real estate transferred within a family for gift tax purposes. ...
The Liechtenstein Official Gazette May 12 published the text of the DTA and protocol with Montenegro, signed Sept. 25, 2025, which enters into force May 13, 2026. [Liechtenstein, Official Gazette, ...
The Icelandic Government May 9 announced that the air transport agreement with South Korea, signed Dec. 3, 2025, entered into force April 17, 2026. [Iceland, Government, 05/09/26]
The Romanian Ministry of Public Finance May 11 announced government bonds with tax-free interest rates for individuals. The announcement includes that: 1) Romanian individuals can invest in one-, three-, and ...
Get the latest legal, regulatory, and enforcement news and analysis, as well as in-depth business and industry covering in the following areas: