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Business Owner Denies Evading Taxes In Sports Betting Ring

by usoftax_admin | Mar 11, 2025 | Tax News

The owner of an insurance salvage company denied accusations in a California federal court that he evaded taxes in connection with a multimillion-dollar illegal sports betting ring, according to the U.S. Department of Justice.

IRS Issues Corp. Bond Monthly Yield Curve For March

by usoftax_admin | Mar 11, 2025 | Tax News

The Internal Revenue Service published Tuesday the corporate bond monthly yield curve for March for use in calculations for defined benefit plans, as well as corresponding segment rates and other related provisions.

‘Troubling and unhelpful’: Tax experts on Trump’s trade war

by usoftax_admin | Mar 11, 2025 | Tax News

One expert last month predicted the short-term impact of tariffs would be “devastating” for both Canada and the US, particularly if the former instituted retaliatory measures

Feds Ask Alsup To Vacate Hearing Into OPM Mass Firings

by usoftax_admin | Mar 10, 2025 | Tax News

The Trump administration on Monday urged U.S. District Judge William Alsup to vacate an upcoming evidentiary hearing into the U.S. Office of Personnel Management’s mass firings of probationary federal employees, while unions suing over the layoffs alleged the...

Trump Tariff Moves Create Compliance Chaos For Energy Cos.

by usoftax_admin | Mar 10, 2025 | Tax News

The unpredictability of President Donald Trump’s tariff maneuvers is challenging energy companies’ ability to comply with fluctuating mandates and making tariff violations more likely.
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