by usoftax_admin | May 12, 2025 | Tax News
The Internal Revenue Service made $21.4 billion in improper refundable tax credit payments last year and again failed to meet lawmakers’ goal to reduce its rate of incorrect payments to 10%, the Treasury Inspector General for Tax Administration said... by usoftax_admin | May 12, 2025 | Tax News
A coalition of business lobbying groups has thrown its weight behind proposed legislation that would expand tax breaks for domestically held intellectual property, saying the changes would build on the goals of the 2017 federal tax overhaul. by usoftax_admin | May 12, 2025 | Tax News
The wife of a man found liable for construction company employment taxes is off the hook for $2 million in liabilities, a New York federal jury found, saying she was not responsible for collecting the taxes and paying them over to the federal government. by usoftax_admin | May 12, 2025 | Tax News
The Internal Revenue Service is seeking comments on proposals to add nine chemicals to its list of taxable substances, eight of which were put forward by Exxon Mobil, the agency said Monday. by usoftax_admin | May 12, 2025 | Tax News
A German economics professor was reportedly ‘irritated’ by how the Finnish ministry of finance used his data