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Read need-to-know updates, commentary, and analysis on Tax issues written by leading professionals.
Holland & Knight LLP

What to Watch for as Washington State Crafts a Millionaire's Tax

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Entering 2026, Washington joins the growing list of states looking to implement new taxes on the "rich" – those earning more than $1 million per year. In December 2025, Gov. Bob Ferguson signaled his approval for a new 9.9...more

Latham & Watkins LLP

Healthcare & Life Sciences: Drug Pricing Digest - January 2026

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Our Drug Pricing and Market Access team tracks recent developments in healthcare reform, the Medicaid Drug Rebate Program, the 340B Program, Medicare, and state law....more

Brownstein Hyatt Farber Schreck

Tax Regulatory Update

In December, the Treasury Department (“Treasury”) and the Internal Revenue Service (IRS) issued guidance addressing tax issues for businesses, education, energy, real estate, individuals, retirement and other sectors. Several...more

Brownstein Hyatt Farber Schreck

Taxation & Representation, Jan. 2026

OECD Announces Pillar Two Agreement: On Monday, the Organisation of Economic Co-operation and Development (OECD) announced a “Side-by-Side package” under the Pillar Two global minimum tax regime that reflects the June 2025...more

Crunched Credit

Some Dystopic Thoughts for the New Year

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Things are looking pretty sweet out there right now, aren’t they? The economy seems immune to all the handwringing over jobs and inflation. The stock market is on fire. The financial community, including but certainly not...more

Littler

México: Incremento al valor de la Unidad de Medida y Actualización (UMA) para el 2026

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El 8 de enero de 2026, el Instituto Nacional de Estadística y Geografía (INEGI) publicó los nuevos valores para la Unidad de Medida y Actualización (en adelante “UMA”) que entrarán en vigor el 1 de febrero de 2026, de acuerdo...more

Mayer Brown

The Pensions Brief: January 2026

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ISSUES AFFECTING ALL SCHEMES - SCHEME ADMINISTRATION – REVISED GUIDANCE... The Pensions Regulator (TPR) has published revised guidance on scheme administration....more

Littler

Mexico: Increase to the UMA Value Announced for 2026

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On January 8, 2026, Mexico’s National Institute of Statistics and Geography published the new values for the Updated Metric Unit (“Unidad de Medida y Actualización,” or “UMA”) that will take effect on February 1, 2026, as...more

Opportune LLP

IRS Tax Controversy Guide: Navigating the Process from Notice to Resolution

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Tax controversy is a term that describes disputes between taxpayers and taxing authorities, most commonly the Internal Revenue Service (IRS), regarding the amount of tax owed or the application of tax laws. These...more

Kaufman & Canoles

ESOPs, Benefits & Compensation 2026 New Year Client Update

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The past year saw a number of significant benefits changes, so as we close out 2025 and look toward 2026, we hope you’ll find these updates helpful. ...more

Fisher Phillips

Top 2026 Predictions for Employee Benefits and Tax

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One of our Employee Benefits and Tax thought leaders pulled together his top predictions for the new year so that employers can get a running start to 2026....more

Bricker Graydon LLP

2026 Benefit Limits & Annual Amounts all in one Place

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There is a telltale sign that you are a true benefit nerd… you have printouts of the annual benefit plan limits tacked to the wall by your desk. I’m guilty of it myself. Last year I finally got tired of bouncing between...more

Paul Hastings LLP

OECD Agreement on Pillar Two: UK Government Sets Out Next Steps

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In the wake of the OECD’s announcement on 5 January 2026 that it has agreed a “side by side” package to address U.S. concerns about “Pillar Two” (the rules imposing a 15% minimum corporate income tax), the U.K. government has...more

Davis Wright Tremaine LLP

A Cautionary Tax Court Decision: Why Late Estate Tax Filings Can Cost Millions

A recent Tax Court decision highlights a mistake we continue to see far too often: assuming estate tax filings can be handled later, fixed retroactively, or cleaned up with a request to the IRS....more

Harris Beach Murtha

Potential Effects on Medical Plans from Increased Medical Marijuana and CBD Research

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President Trump recently signed Executive Order 14370, removing barriers to research related to the medical benefits of marijuana, requesting its reclassification from a Schedule I to a Schedule III under the Controlled...more

Holland & Hart LLP

Trump's 'One Big Beautiful Bill': Major Tax Changes for 2025-2026

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As the new year begins, regulatory drafting, implementation process approval, and legislative oversight and review are now at a fever pitch for the One Big Beautiful Bill Act (OBBBA), signed into law by President Donald Trump...more

Ropes & Gray LLP

Private Capital: UK and EU Tax Themes and Initiatives to Be Aware of in 2026

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As the private capital industry looks ahead to 2026, the UK and EU tax landscape is set to present both challenges and opportunities. Recent developments and ongoing policy initiatives will have a direct impact on deal...more

Carey Olsen

The Crypto-Asset Reporting Framework and its implications for the Cayman Islands

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The Crypto-Asset Reporting Framework (“CARF”) is an international tax transparency standard developed by the Organisation for Economic Co-operation and Development (“OECD”). Introduced as an extension of the existing Common...more

Rivkin Radler LLP

When a Buyer’s “Tax Cost” for an Acquisition Exceeds Expectations

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Tax Savings and Deal Economics - It is a basic tax principle that the more (or the sooner) a seller pays in taxes on the sale of its business, the less will be the economic benefit the seller realizes from the sale....more

Cohen Seglias Pallas Greenhall & Furman PC

Fiduciary's Checklist

Serving as a fiduciary carries significant responsibility. Whether you are an executor, administrator or trustee, the role requires careful attention to legal, financial and administrative details, often at a time when...more

Mintz Edge

Choice of Business Entity: Pros and Cons of Corporations and LLCs

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When launching your startup, there’s no shortage of big decisions to make, but one of the most impactful at the early stages is choosing the right legal structure. Choosing the right form of entity lays the foundation for how...more

Proskauer Rose LLP

Wealth Management Update - January 2026

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The January 2026 Section 7520 rate for use with estate planning techniques such as CRTs, CLTs, QPRTs and GRATs is 4.60%, which is the same as the December 2025 rate...more

Seyfarth Shaw LLP

Trump Accounts: The New Kid on the IRA Block

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The IRS recently issued Notice 2025-68, providing initial guidance on a new savings vehicle: Trump Accounts, created under Section 530A of the Internal Revenue Code by the One, Big, Beautiful Bill Act (OBBBA). While proposed...more

Morrison & Foerster LLP

Executive Compensation + Benefits Diligence in Early-Stage Financings

Early-stage financings set the foundation for a company’s growth trajectory. While product, market, and financial diligence often take center stage, executive compensation and benefits arrangements can also significantly...more

Levenfeld Pearlstein, LLC

The Tax Strategy Private Equity Can’t Ignore

Establishing a non-grantor irrevocable trust in certain favorable states has long been a pillar of tax and estate planning for high-net-worth individuals and families. One of the most popular states to establish such a trust...more

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