Key Takeaways Overview A federal district court in North Texas significantly reshaped the FBAR litigation landscape in 2025 when it concluded that willful FBAR penalty assessments violated the Seventh Amendment right to a...
Category: Blog
Coming Soon: New IRS Voluntary Disclosure Program
At the Summer Tax Summit in St. Louis, the IRS shared a materially important update for taxpayers and practitioners considering participating in a voluntary disclosure. Specifically, Jarod Koopman, Chief of the IRS...
You Got a Civil Investigative Demand (CID) About Your Paycheck Protection Program (PPP) Loan under the False Claims Act (FCA) – Here’s What the CID Means
If your business just received a Civil Investigative Demand — usually called a “CID” — from the Department of Justice about a PPP loan you got back in 2020 or 2021, you’re not alone. Years after the Paycheck...
Data Centers in the Cross Hairs of both the Texas Legislature and Texas Comptroller Audits
There is an old saying in tax law that if you are not at the table, you may be on the menu. Well, data centers in Texas will want to be at the table this coming Texas Legislative session as they will almost certainly be...
Is Your Fleet Overpaying Federal Fuel Excise Tax? A New Lawsuit Puts (Reefer) Fuel Back in the Spotlight
If your business runs refrigerated trailers, a lawsuit filed last month in Missouri federal court is worth your attention — even if your fleet is a fraction the size of the carrier that filed it. The Case In June 2026,...