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The IRS workforce continues to shrink, with deferred resignations of hundreds of IRS Appeals personnel. Bloomberg reports that the IRS...
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Tracking trends critical to life sciences and technology companies.
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The U.S. Department of Treasury (Treasury) released final1 and proposed2 regulations under § 861 of the Code addressing the U.S. federal...
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In Actavis v. U.S., a case at the intersection of tax law and patent law, the Federal Circuit held that generic drug companies’...
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The U.S. Department of Treasury (Treasury) recently released proposed regulations under §§ 959 and 961 and related Code sections...
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The IRS released final broker reporting regulations for DeFi transactions on December 27, 2024, effective starting January 1, 2027. The...
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Recently, in Exxon Mobil Corp. v. United States (No. 3:22-cv-00515), a District Court in Texas ruled that the taxpayer was entitled to...