Articles

  • 2 weeks ago | news.bloomberglaw.com | Brian Flood |Nicholas Datlowe

    The US Supreme Court left in place a state contractor’s wire fraud convictions in a Thursday ruling, rejecting arguments challenging the government’s “fraudulent inducement” theory. The government doesn’t need to prove that a defendant who uses falsehoods to induce someone to enter into a transaction intended or caused economic harm, the court held in an opinion by Justice Amy Coney Barrett.

  • 2 weeks ago | news.bloombergtax.com | Brian Flood |Nicholas Datlowe

    The US Supreme Court left in place a state contractor’s wire fraud convictions in a Thursday ruling, rejecting arguments challenging the government’s “fraudulent inducement” theory. The government doesn’t need to prove that a defendant who uses falsehoods to induce someone to enter into a transaction intended or caused economic harm, the court held in an opinion by Justice Amy Coney Barrett.

  • 1 month ago | news.bloomberglaw.com | Tristan Navera |Laura D. Francis |Nicholas Datlowe

    A panel of appeals court judges expressed skepticism Tuesday toward Bank of America Corp.‘s bid to recoup $167 million from the IRS that Merrill Lynch overpaid in taxes before the two companies’ 2013 merger.

  • 1 month ago | news.bloomberglaw.com | Tristan Navera |Laura D. Francis |Nicholas Datlowe

    A case before the US Supreme Court this week over the reaches of the US Tax Court’s jurisdiction pits taxpayer due process rights against the practical needs of the federal government. The high court will hear oral arguments Tuesday in the case of Jennifer Zuch, who says she was deprived of an opportunity to contest what she believed was an improper levy when the IRS applied a tax refund toward a prior debt and the Tax Court dismissed her challenge as moot.

  • 1 month ago | news.bloombergtax.com | Tonya Riley |Kartikay Mehrotra |Nicholas Datlowe

    A federal judge struck down Ohio’s law limiting teen social media use, marking another court win for the tech industry group NetChoice fighting similar restrictions nationwide. Judge Algenon L. Marbley granted a permanent injunction against the Social Media Parental Notification Act in a Wednesday decision for the US District Court for the Southern District of Ohio. The law required platforms to verify whether its users are at least 16 and demanded parental consent for younger users.

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