by usoftax_admin | Mar 3, 2025 | Tax News
If finalized, a recent Internal Revenue Service proposal expanding Section 162(m) of the Internal Revenue Code to include the highly compensated employees of affiliates would make tracking which executives may be subject to the limit from year to year far more... by usoftax_admin | Mar 3, 2025 | Tax News
Attorneys are often focused on being seen as the expert, but bonding with clients and prospects by sharing a few key personal details provides the basis for a caring, trusted and profoundly deeper business relationship, says Deb Feder at Feder Development. by usoftax_admin | Mar 3, 2025 | Tax News
The U.S. Treasury Department won’t enforce the Corporate Transparency Act on U.S. businesses and will change regulations so it only applies to foreign companies registered stateside, according to an announcement that activists said invites criminals into the... by usoftax_admin | Mar 3, 2025 | Tax News
A news release says Treasury won’t enforce fines or penalties against U.S. citizens or domestic reporting companies or their beneficial owners. Treasury will also issue proposed rulemaking to limit beneficial ownership information reporting to foreign reporting... by usoftax_admin | Mar 3, 2025 | Tax News
The U.S. Supreme Court declined Monday to grant the petition of an attorney who belongs to the Minnesota Chippewa Tribe and claimed he owed no taxes on self-employment income as a Native American.