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On May 7, 2026, the U.S. Court of International Trade (CIT) ruled against the imposition of 10% temporary global tariffs by the administration under Section 122 of the Trade Act 1974 by calling it “unlawful.” In a split 2-1 decision, the court found that the administration failed to meet the strict legal requirements of Section…
Pat Walsh Pat Walsh, Managing Partner and CEO, has led numerous firmwide strategic initiatives focused on best practices, client experience and technology. He leads Withum’s national growth strategy and client service initiatives, with a focus on innovation, talent development and expanding the Firm’s advisory capabilities to meet clients’ evolving needs. Pat was recognized for his…
The “Ball Without Billionaires” counter-event on Monday night drew significant attention, shifting the focus from the spectacle of the Met Gala to the voices of workers and organizers. The attention surrounding the Met Gala serves as a reminder of a critical reality: newly organized labor unions operate under heightened scrutiny from the beginning, particularly when…
Massachusetts corporations receiving large cash infusions from equity investors may be surprised to find that the mere act of depositing the cash into their bank account can trigger thousands of dollars in excise taxes, whether they generate taxable income. Massachusetts Security Corporations (“MSCs”) can be used to solve this problem. How Can My Company Owe…
