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How BigLaw Executive Orders May Affect Smaller Firms

by usoftax_admin | Apr 9, 2025 | Tax News

Because of the types of cases they take on, solo practitioners, small law firms and public interest attorneys may find themselves more dramatically affected by the collective impact of recent government action involving the legal industry than even the BigLaw firms...

EU Votes To Hike Levies In Response To US Metal Tariffs

by usoftax_admin | Apr 9, 2025 | Tax News

The European Union approved raising tariffs on U.S. goods in response to President Donald Trump’s tariffs on steel and aluminum imposed in March, although the bloc has not yet made public the final list of products affected.

IRS Claim Of Lost Records Not Fraud, DC Circ. Told

by usoftax_admin | Apr 9, 2025 | Tax News

The D.C. Circuit should uphold a finding that the Internal Revenue Service did not commit fraud when it said that two boxes of records were lost when it responded to requests for documents underlying a businessman’s $18 million tax judgment, the government...

‘No avenue for effective judicial oversight’: Experts on Canada TP case

by usoftax_admin | Apr 9, 2025 | Tax News

The MEGlobal Canada decision highlights taxpayers’ frustrations over split jurisdiction for TP assessments as well as a need for legislative reform, one expert tells ITR

Lawsuits Shouldn’t Be Shadow Assets For Foreign Capital

by usoftax_admin | Apr 9, 2025 | Tax News

Third-party litigation financing amplifies inefficiencies from litigation and facilitates national exposure to foreign influence in the U.S. justice system, so full disclosure of financing arrangements should be required as a matter of institutional integrity, says...
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