Civil Rights Case Filed Against City of San Jose

A new civil rights case has been filed against the City of San Jose in the U.S. District Court for the Northern District of California. The case, identified by case number 5:26-cv-02418, was filed on March 19, 2026, with a complaint filed by Emiliano Ontiveros.

IRS: Carbon Offset Credits Must Be Included in Gross Income

The IRS Associate Chief Counsel issued guidance clarifying that operators of offset projects must include the value of carbon offset credits granted by the California Air Resources Board (CARB) in their gross income. This advice addresses the tax treatment of credits issued under California's Cap-and-Trade Program.

IRS Memo on Source of Gain from Stock Dispositions

The IRS issued Associate Chief Counsel Advice AM2024-005 clarifying the source of gain from certain stock dispositions for U.S. citizens who become bona fide residents of Puerto Rico. The memo addresses situations involving S corporations and partnerships, providing specific conclusions on whether such gains are considered derived from Puerto Rico sources for tax exclusion purposes.

IRS Memo on Periodic Adjustments and Arm's Length Standard

The IRS issued Associate Chief Counsel Advice Memorandum AM2025-001 to clarify guidance on periodic adjustments and the arm's length standard under Section 482. This memo updates prior advice and addresses how taxpayers can overcome periodic adjustments by invoking the general arm's length standard or best method rule.

IRS Advice on Treaties for Branch Profits Tax on Hybrid Entities

The IRS has issued Associate Chief Counsel Advice (AM 2025-002) regarding the application of U.S. income tax treaties to the branch profits tax for hybrid entities. The advice clarifies the extent of treaty relief available for foreign entities that are fiscally transparent in their home country but treated as corporations for U.S. tax purposes, specifically addressing scenarios involving U.S. permanent establishments and U.S.-Country Y tax treaties.

IRS Guidance on Section 4960 Excise Tax Refund Claims

The IRS issued a Generic Legal Advice Memorandum (GLAM) clarifying that remuneration paid by a tax-exempt organization (ATEO) to a covered employee is subject to the Section 4960 excise tax on excess remuneration, even if the organization is part of an affiliated group with a covered health insurance provider. The GLAM states that reliance on prior reasoning that would exempt such remuneration is not a reasonable interpretation of the statute.

IRS Legal Memo on Disclosure Statement and IRC Section 6103

The IRS issued Field Attorney Advice (FAA) GL-104768-24 addressing disclosure of partner personal information within partnership tax proceedings. The memo clarifies when sharing such information is permissible under IRC Section 6103, distinguishing between information received from outside the IRS and information generated internally.

IRS Memo on Statute of Limitations for 1120F SFR

The IRS Field Attorney Advice memo clarifies that a foreign corporation that incorrectly filed as a domestic insurance company (Form 1120-PC) but should have filed as a foreign corporation (Form 1120-F) will have the same statute of limitations as the incorrectly filed return. This applies even if the IRS files the Form 1120-F under IRC § 6020(b).

IRS Legal Advice: NOL Carryback After Spin-Off

The IRS Office of Chief Counsel issued Field Attorney Advice stating that a taxpayer should not be allowed to allocate cumulative income from certain subsidiaries to a successor entity after a spin-off transaction if those subsidiaries remained owned by the taxpayer. This advice clarifies that such an allocation would be an inappropriate expansion of the Separate Return Limitation Year (SRLY) limitation.

IRS Field Attorney Advice: LLC Units Transfer to Tax-Exempt Entity

The IRS issued Field Attorney Advice (FAA) regarding a purported transfer of LLC units to a tax-exempt entity. The advice concludes that the transfer lacks economic substance and should not be respected for federal income tax purposes, meaning partnership income allocated to the transferred interests is taxable to the transferors.

IRS Legal Advice on Net Operating Loss Deductions

The IRS Office of Chief Counsel has issued legal advice regarding a taxpayer's application for a tentative refund based on a net operating loss (NOL) carryback. The advice addresses the taxpayer's NOL deduction claim, which stems from losses incurred by an S corporation and relates to a bankruptcy case.

MARAD Foreign Vessel Coastwise Trade Request - ALOLKOY

The Maritime Administration (MARAD) has received a request for the use of the foreign vessel ALOLKOY in U.S. coastwise trade. This notice serves to inform the public and solicit potential objections or comments regarding this request.

MMS Environmental Assessment for Proposed Oil and Gas Lease Sale 216

The Minerals Management Service (MMS) has issued a Notice of Preparation for an Environmental Assessment (EA) regarding proposed Oil and Gas Lease Sale 216, tentatively scheduled for March 2011. The agency is seeking public comments on significant environmental impacts and alternatives to inform the EA process.

FMCSA Renews Driver Exemptions for Epilepsy and Seizure Disorders

The Federal Motor Carrier Safety Administration (FMCSA) has renewed exemptions for five individuals from medical requirements related to epilepsy and seizure disorders. These exemptions allow individuals with a history of seizures taking anti-seizure medication to continue operating commercial motor vehicles in interstate commerce.

FMCSA Driver Qualification Exemption Renewal Notice

The Federal Motor Carrier Safety Administration (FMCSA) is announcing the renewal of exemptions for 16 individuals from the hearing requirement for interstate commercial motor vehicle drivers. These exemptions allow hard of hearing and deaf individuals to continue operating CMVs. The agency is also requesting comments on these renewals.

FMCSA Renews Epilepsy Exemptions for CMV Drivers and Seeks Comments

The FMCSA has renewed exemptions for five individuals from the medical requirements for commercial motor vehicle drivers concerning epilepsy or conditions causing loss of consciousness. These exemptions allow individuals with a history of seizures taking anti-seizure medication to continue operating CMVs. The agency is also requesting public comments on these renewals.

FMCSA: Renewal of Exemptions for Hard of Hearing CMV Drivers

The Federal Motor Carrier Safety Administration (FMCSA) is renewing exemptions for 16 individuals from the hearing requirement for interstate commercial motor vehicle drivers. These exemptions allow hard of hearing and deaf individuals to continue operating CMVs in interstate commerce. The agency is requesting comments on these renewals.

IRS Action on Decision: Backup Withholding Liability Statute of Limitations

The IRS issued an Action on Decision regarding backup withholding liability and the statute of limitations. The Fifth Circuit held that the limitations period for assessing backup withholding liability begins to run upon the filing of Form 1040 and Form 1099-MISC, even if payee TINs are omitted. The IRS disagrees with this interpretation.

IRS: CSX Corp. relocation benefits excludable under RRTA

The IRS has issued an Action on Decision disagreeing with the Eleventh Circuit's interpretation of the Railroad Retirement Taxation Act (RRTA). The IRS will not follow the court's ruling that certain relocation benefits paid by CSX Corp. were excludable from RRTA taxation as business expenses. This decision indicates the IRS's continued stance on taxing such benefits.

Tax Refund for Crude Oil Exports Under Export Clause

The IRS has issued an Action on Decision regarding Trafigura Trading LLC v. United States, addressing whether a tax refund is due for crude oil exports due to the Export Clause of the U.S. Constitution. The case concerns the constitutionality of the tax funding the Oil Spill Liability Trust Fund.

IRS Action on Decision: Complex Media, Inc. v. Commissioner

The IRS has issued an Action on Decision regarding Complex Media, Inc. v. Commissioner. The decision clarifies that a taxpayer is bound by the form of a series of transactions as implemented, resulting in assets received having a carryover basis without a step-up. This action addresses the tax treatment of a Section 351 transaction and subsequent redemption.

Green Rock LLC v. IRS: Notice 2017-10 Invalidated Under APA

The Eleventh Circuit affirmed a lower court ruling invalidating IRS Notice 2017-10, which identified certain syndicated conservation easement arrangements as "listed transactions." The court found the notice invalid under the Administrative Procedure Act for failing to undergo notice-and-comment rulemaking procedures. This decision impacts the IRS's ability to designate listed transactions through sub-regulatory guidance.

In re Det. of M.E. - Indigent Defense Caseload Limits

The Washington Supreme Court ruled that caseload limits in the Standards for Indigent Defense following CrR 3.1 are mandatory. The court also addressed trial court orders requiring the King County Department of Public Defense (DPD) to provide counsel in civil commitment cases, reversing in part orders pertaining to the King County Executive.

State v. Calloway - Washington Supreme Court Opinion

The Washington Supreme Court issued an opinion in State v. Calloway, addressing the constitutionality of the state's harassment statute in light of the U.S. Supreme Court's decision in Counterman v. Colorado. The court held that the statute is constitutional as it allows for a mens rea standard of recklessness, which aligns with the Counterman ruling.

MSPB Seeks Input for Merit Systems Studies

The U.S. Merit Systems Protection Board (MSPB) is seeking public suggestions for its research agenda on Federal workforce issues. Submissions are due by July 1, 2019, and are intended to help MSPB identify key topics for studies ensuring merit system principles are upheld.

Pipeline Safety: Sable Offshore Corp. Special Permit Request

The Pipeline and Hazardous Materials Safety Administration (PHMSA) is seeking public comment on a special permit request from Sable Offshore Corp. regarding pipeline safety. The notice provides a 14-day comment period for interested parties to submit their views.

Inventory completion notice for University of Hawai'i-West O'ahu

Inventory completion notice for University of Hawai'i-West O'ahu

Notice of Inventory Completion: Mercyhurst University

The National Park Service has issued a notice of inventory completion regarding human remains held by Mercyhurst University in Erie, PA. This notice is part of the process under the Native American Graves Protection and Repatriation Act (NAGPRA). Repatriation may occur on or after April 20, 2026.

Airworthiness Directives; General Electric Company Engines

The Federal Aviation Administration is proposing new airworthiness directives concerning General Electric Company engines. This proposed rule is open for public comment for 45 days.

Postal Regulatory Commission: New Postal Products

The Postal Regulatory Commission has announced new postal products through a notice published in the Federal Register. The notice includes a comment period ending on March 24, 2026, allowing interested parties to submit feedback.

US Mint Establishes Prices for 2026 Numismatic Products

The US Mint has published a notice establishing the prices for its 2026 numismatic products. This notice details the pricing structure for various collectible coins and related items to be released in the upcoming year.

Treasury Department Contract Solicitation and Post-Award Information Requirements

The Treasury Department has published a proposed collection of information regarding contract solicitation and post-award requirements. This notice initiates a 60-day public comment period, allowing interested parties to provide feedback on the proposed information collection activities.

Treasury Department: Emergency Capital Investment Program Information Collection

The Treasury Department is requesting public comment on a new information collection activity related to the Emergency Capital Investment Program. This includes proposed requirements for an Initial Supplemental Report and a Quarterly Supplemental Report. The comment period is open for 60 days.

NYSE rule change amendment proceedings initiated

NYSE rule change amendment proceedings initiated

NYSE American LLC Proposed Rule Change to Company Guide Section 1003

The SEC has published a notice regarding a proposed rule change by NYSE American LLC to amend Section 1003 of its Company Guide. This notice is part of the standard regulatory review process for proposed changes by self-regulatory organizations.

IRS Revises State and Local Tax Deduction Worksheet for High AGI Filers

The IRS has revised the State and Local Tax Deduction worksheet for the 2025 Form 1041 instructions. The revision addresses an issue affecting filers with adjusted gross income over $500,000. Filers who previously used the old worksheet and now qualify for a higher deduction are advised to file an amended return.

IRS Updates to 2026 Form 1040-ES (NR) Reflecting Legislative Changes

The IRS has updated the 2026 Form 1040-ES (NR) to reflect legislative changes from the One Big Beautiful Bill Act. Key updates include changes to the qualified business income deduction, casualty loss deduction, itemized deductions, charitable contributions, certain credits, information reporting, and backup withholding.

IRS Guidance on Energy Credits for Prohibited Foreign Entities

The IRS has issued Notice 2026-15 providing interim guidance on restrictions for certain clean-energy tax credits for entities associated with prohibited foreign entities. This guidance implements statutory restrictions enacted by the One Big Beautiful Bill Act, impacting eligibility for credits claimed on Forms 3468, 7207, and 7211.

IRS Updates 2025 Form 1040 Instructions

The IRS has issued post-release updates to the 2025 Instructions for Form 1040. These changes clarify the net income limitation for qualified tips and the definition of age 65 for enhanced senior deductions for taxpayers who die in 2025.

IRS Delays 2025 Original Issue Discount (OID) Tables Posting

The IRS has announced that the 2025 Original Issue Discount (OID) tables, typically released earlier, will now be posted in mid-2026. Further information regarding this delay and the eventual release of the tables is expected.

CMA Launches UK Heating Oil Market Study

The UK Competition and Markets Authority (CMA) has launched a market study into the retail supply of heating oil for domestic use. The CMA is inviting views from interested parties by April 8, 2026, with a final report expected by June 2026.

IRS Seeks Comments on Electronic Payee Statement Furnishing

The IRS and Treasury Department are seeking public comments on potential modifications to the requirements for electronically furnishing certain payee statements. This includes evaluating current rules for brokers and considering broader applicability to other persons required to furnish payee statements.

IRS Rev. Rul. 2026-07: 2026 Federal Income Tax Rates and AFRs

The IRS has released Revenue Ruling 2026-07, providing the applicable federal rates (AFRs) and adjusted AFRs for April 2026. These rates are used for various federal income tax purposes, including the determination of issue prices for certain debt instruments and calculations for low-income housing credits.

IRS Notice Extends Temporary Relief for Digital Asset Identification Methods

The IRS issued Notice 2026-20 to extend temporary relief for eligible taxpayers using alternative methods to identify digital assets held by brokers. This extension allows for continued use of specific identification methods for digital assets sold or transferred during the relief period, building upon previous guidance.

IRS Notice on Corporate Bond Yield Curve and Segment Rates

The IRS issued Notice N-2026-19, updating the corporate bond monthly yield curve, segment rates, and 30-year Treasury securities interest rates for February 2026. These rates are used for determining minimum funding requirements for single-employer and multiemployer pension plans.

Ofgem Fines Energy Supplier £525k for Overcharging Customers

Ofgem has fined Farringdon Energy (trading as Champion Energy) £525,000 for serious and persistent mismanagement leading to customer overcharging. A director has agreed to resign. The supplier failed to implement appropriate billing systems, resulting in 159 customers being overcharged a total of £347,717.25.

Energy Consumer Satisfaction Survey: January 2026 Summary

Ofgem has published the summary findings of its January 2026 Energy Consumer Satisfaction Survey. The survey indicates that overall satisfaction with energy suppliers has stabilized at 81%, with customer service satisfaction remaining at an all-time high of 77%. However, satisfaction with the ease of understanding bills and bill delivery timing has decreased.

Ofgem Decision: Offshore Transmission Tender Round 9 Excess Recoveries

Ofgem has completed its aggregation exercise for Offshore Transmission Tender Round 9 (TR9), confirming that recoveries exceeded tender costs by £56,012. This decision outlines the process for the repayment of these excess funds.

Federal Reserve Rules of Procedure Correction Notice

The Federal Reserve System has issued a correction notice regarding its Rules of Procedure. This document corrects minor errors in the previously published rule, ensuring accuracy in the official record.

Nebraska Standardized Prior Authorization Forms for Healthcare

The Nebraska Department of Insurance is releasing two new standardized prior authorization forms for healthcare services, drug benefits, and durable medical equipment, effective January 1, 2026. These forms, mandated by LB 77, aim to reduce administrative burden and improve efficiency for providers and patients under fully insured plans.