8/21/2026 6:08:07 PM QPRTs, Homestead Exemptions, and the Estate Tax Basis Trap: Lessons from Palermo v. United States By Leon Rittenberg III Caroline Lafourcade Kevin Naccari A recent decision from the United States District Court for the Southern District of Florida offers a cautionary tale for estate planners...
8/18/2026 5:27:36 PM D.C. Circuit Upholds EPA’s Designation of PFOA and PFOS as CERCLA Hazardous Substances By Michael Mims On August 18, 2026, the D.C. Circuit handed EPA a clean win on one of the most consequential environmental rules of the decade. In...
8/18/2026 4:56:37 PM D.C. Circuit Upholds EPA's NSR "Project Emissions Accounting" Rule, Signals Future As-Applied Challenges By Greg Johnson Clare Bienvenu Emily von Qualen Colin North +1 more... Show less On July 28, 2026, the United States Court of Appeals for the District of Columbia Circuit (D.C. Circuit) upheld the first Trump EPA's...
8/17/2026 4:21:07 PM IRS Proposes to Ease Form 1041-A Filing Burden for Trusts With Passthrough Charitable Deductions By Leon Rittenberg III Caroline Lafourcade Kevin Naccari The Treasury Department and IRS have issued proposed regulations that would eliminate an information-return filing requirement for...
8/14/2026 8:44:38 PM Fifth Circuit Narrows Limited Partner Tax Exemption in Revised Ruling By Leon Rittenberg III Caroline Lafourcade Kevin Naccari The US Court of Appeals for the Fifth Circuit has quietly rewritten the rules for who counts as a "limited partner" exempt from...
8/12/2026 12:08:08 AM Treasury Finalizes Rollback of Corporate Transparency Act Reporting Requirements By Leon Rittenberg III Caroline Lafourcade Kevin Naccari The Treasury Department permanently scaled back the beneficial ownership reporting obligations that the Corporate Transparency Act (CTA)...
8/10/2026 4:52:41 PM Tax Court Rejects Reeds' Deduction Claims Over Poor Recordkeeping and Commingled Funds By Leon Rittenberg III Caroline Lafourcade Kevin Naccari On August 5, 2026, the Tax Court issued its decision in Reed v. Commissioner, T.C. Memo. 2026-64, sustaining most of the IRS's...
8/7/2026 10:50:37 PM IRS Updates Guidance on the "No Tax on Overtime" Deduction By Leon Rittenberg III Caroline Lafourcade Kevin Naccari On August 6, 2026, the IRS released Fact Sheet 2026-13, an expanded set of FAQs on the qualified overtime compensation deduction created...
7/31/2026 8:59:36 PM Louisiana Makes DOE’s Nuclear Shortlist By Cristian Soler The U.S. Department of Energy (DOE) has selected Louisiana and four other states to move forward as potential hosts for Nuclear Lifecycle...
7/31/2026 8:53:07 PM Louisiana Rewrites the Rules of Getting Paid: What Act 822 of 2026 Means for Companies Involved in Industrial Construction By Hunter Chauvin Act 822 of the 2026 Regular Session (House Bill 638, by Representative Jacob Landry) is a dramatic change in Louisiana private...
7/29/2026 5:00:36 PM House Advances Sweeping Maritime Reforms in FY27 Defense Bill By Leon Rittenberg III Kevin Naccari On July 22, 2026, the House narrowly approved the FY27 National Defense Authorization Act (H.R. 8800) by a vote of 216 to 212, sending...
7/29/2026 4:53:06 PM Establishment of the Marine Minerals Administration By Kathleen Doody Jana Grauberger Bradford Laperouse On July 10, 2026, the Secretary of the Department of Interior (DOI) released Secretarial Order No. 3451 (Order), which, effective...
7/23/2026 7:43:37 PM New Bill Would Bring Opportunity-Zone-Style Tax Breaks to U.S. Shipbuilding By Leon Rittenberg III John Rouchell Kevin Naccari Representative Mike Kelly (R-Pa.) has introduced legislation that would create up to 100 "maritime prosperity zones" across the country,...
7/20/2026 5:36:36 PM Matt Jones Discusses Well Blowout Risks and Response on AAPL's Landman Now — Podcasting the Profession Podcast By Liskow As the industry continues to navigate the complexities of operational safety, Matt breaks down the mechanics of well blowouts, explaining...
7/14/2026 5:51:36 PM IRS Chief Counsel Concludes Conditional Deficit Restoration Obligation Does Not Shift Partnership Liabilities By Leon Rittenberg III Caroline Lafourcade Kevin Naccari In Chief Counsel Advice (CCA) 202628009, released on July 10, 2026, the Internal Revenue Service concluded that a limited partner's...
7/8/2026 10:00:36 PM Treasury and IRS Finalize Reporting Rules for Section 1035 Exchanges and Transfers of Life Insurance Contracts By Leon Rittenberg III Caroline Lafourcade Kevin Naccari John Rouchell +1 more... Show less The Department of the Treasury and the Internal Revenue Service have issued final regulations addressing reporting obligations for...