Federal tax law requires U.S. persons to report their international activities on information returns. With increasing globalization, more U.S. citizens and residents are finding themselves in the IRS’s crosshairs...
The Fifteenth Court of Appeals Holds that Returnable Containers May Qualify for the Manufacturing Exemption Creating Potential Opportunities for Refund Claims
February 16, 2026
It may not be polite to say we told you so, but we did. The authors of this article have long predicted the eventual demise of a 1980’s court decision that, like a few other relics from that decade (e.g., cassette tapes and...
Firm attorneys Naveid P. Jahansouz, Cody R. Gackle, and Jeffrey M. Glassman, were featured in a recent TaxNotes article
February 16, 2026
In a recent Tax Notes article, firm attorneys Naveid P. Jahansouz, Cody R. Gackle, and Jeffrey M. Glassman are recognized for rescuing a Tax Court case that was dismissed due to prior counsel’s...
In their latest article published with TXCPA, “The Verdict is In. The Texas Franchise Tax is GILTI, Raising New Questions and Potential Issues,” firm partners David E. Colmenero and Alex J. Pilawski explore...
Navigating the Federal Tax Consequences on Settlements and Judgments
February 6, 2026
The federal income tax consequences associated with litigation and settlements can be complex. From the plaintiff’s perspective, primary concerns are whether any payments received are taxable and, if so, whether the...