by usoftax_admin | May 9, 2025 | Tax News
Internal Revenue Service staff cuts and retirements could hamper planning for next year’s filing season if Congress renews the 2017 tax overhaul this year as planned while withholding resources needed to modernize the agency’s systems, a former agency... by usoftax_admin | May 9, 2025 | Tax News
The U.S. tax system is “robust enough” for other countries to refrain permanently from applying the 15% global minimum tax to any income that the U.S. taxes or monitors, but an arrangement must be struck before a safe harbor expires, a Treasury Department... by usoftax_admin | May 9, 2025 | Tax News
Express Scripts is appealing rulings denying it a $43 million tax refund for domestic production activities after a Missouri federal court said the company did not qualify because it did not grant licenses to pharmacy benefit plan sponsors who used its software, the... by usoftax_admin | May 9, 2025 | Tax News
The U.S. Department of Commerce’s recent final determinations in its antidumping and countervailing duty investigations into solar cells produced in certain Southeast Asian countries make it important for U.S. purchasers to consider risk mitigation strategies,... by usoftax_admin | May 9, 2025 | Tax News
A U.S. Supreme Court case considering a religious exemption to unemployment taxes sought by a charity could have implications across a broad swath of organizations, tax practitioners said Friday.