SCOTUS

U.S. Supreme Court justices questioned the legality of stiff penalties the federal government says it can impose on people who fail to file required reports listing their foreign bank accounts.

John Roberts issued an interim order that gives the U.S. Supreme Court more time to consider the former president's bid for a lengthier delay.

The emergency application to the justices comes after Trump repeatedly lost in the lower courts trying to stop the IRS from fulfilling a request from the House Ways and Means Committee.

Rettig speaks; FASB on crypto; going public; and other highlights from our favorite tax bloggers.

Alexandru Bittner v. United States is about some of the tax and compliance rules the U.S. slaps on its own expatriates.

Lower courts have disagreed whether non-willful failure-to-disclose penalties are on per-account or a per-form basis.

The court agreed to decide how steep the penalties are for people who fail to file required reports with the federal government listing their foreign bank accounts.

The unanimous decision overturned a Tax Court refusal to hear a taxpayer’s challenge to an IRS assessment that came one day late.

The Supreme Court declined to review a New York-led constitutional challenge to the $10,000 cap on state and local tax deductions imposed by Congress in the 2017 tax law.

A district court has vacated IRS Notice 2016-66, which designated micro-captive insurance arrangements as “transactions of interest,” and thus reportable.

Lawyers for former President Donald Trump are asking a federal judge to block the release of his tax returns to Congress, saying Democrats’ pursuit of the documents amounts to political retaliation.

The justices declined to hear a case from a group of Colorado dispensaries challenging the service's ability to investigate them.

Taxpayers won't be able to recover previously paid Medicare taxes and NIIT.

The Supreme Court rejected a New Hampshire challenge to Massachusetts’ practice of taxing people who started telecommuting from elsewhere during the pandemic.

The former president and the House Oversight Committee failed to agree on the release of his financial documents after several rounds of negotiations.

The justices rejected a challenge by Republican-controlled states and the Trump administration to a landmark law that provides health insurance to 20 million people.

The Biden administration urged the U.S. Supreme Court to turn away a New Hampshire lawsuit that challenges Massachusetts’ practice of taxing nonresidents who once worked in the state but now do their jobs from home.

The court unanimously ruled against the service in a decision enabling taxpayers to sue over a tax regulation, even before any penalty has been assessed.

The former president's attorneys are calling the subpoena unconstitutional and unenforceable.

In a court filing Wednesday, the Treasury Department and the Justice Department said they were still weighing how to respond to a subpoena by House Democrats.