by usoftax_admin | Mar 7, 2025 | Tax News
New Jersey and other states with similar False Claims Acts should amend them to cover misappropriated municipal funding, and state and local tax fraud, which would encourage more whistleblowers to come forward and increase their recoveries, says Kenneth Levine at... by usoftax_admin | Mar 7, 2025 | Tax News
A trust created to convert assets to cash and distribute them under a bankruptcy plan will still qualify as a liquidating trust if it extends its term a fifth time, so long as a bankruptcy court approves, the IRS said in a private letter ruling released Friday. by usoftax_admin | Mar 7, 2025 | Tax News
CMS said an attorney with more than a decade of experience as a Mauritius government lawyer has joined CMS Prism, the firm’s Mauritian affiliate. by usoftax_admin | Mar 7, 2025 | Tax News
A white paper on generative artificial intelligence that the Federation of Tax Administrators is slated to release this year could provide state and local tax agencies with key guidelines on how to approach incorporating the tools into their tax administration... by usoftax_admin | Mar 7, 2025 | Tax News
The U.S.’ proposed adoption of the OECD’s approach to pricing certain cross-border transactions, known as Amount B, should go beyond just marketing and distribution activities, the National Foreign Trade Council said Friday, suggesting it be extended to...