by usoftax_admin | Apr 18, 2025 | Tax News
A Swiss-Italian man is seeking to quash an IRS summons on Apple Inc. to produce records linked to his account as part of a probe into his Swiss income tax liabilities, according to a petition filed in California federal court. by usoftax_admin | Apr 18, 2025 | Tax News
In this week’s Taxation With Representation, Global Payments Inc. buys Worldpay from GTCR and FIS, Intel Corp. sells a stake in its Altera business to Silver Lake, KKR acquires OSTTRA from S&P Global and CME Group, and Canada’s Capital Power Corp. nabs... by usoftax_admin | Apr 18, 2025 | Tax News
The Internal Revenue Service released an operating plan for its whistleblower program Friday, saying it aims to enhance the claim submission process, safeguard whistleblower information and keep whistleblowers informed on the status of their claims. by usoftax_admin | Apr 17, 2025 | Tax News
Four members of Montana’s Blackfeet Nation are fighting a motion by the federal government to transfer their bid to block several Trump administration orders and proclamations imposing tariffs on Canadian goods, arguing there’s no legal basis for the move... by usoftax_admin | Apr 17, 2025 | Tax News
The Internal Revenue Service said Thursday it plans to revoke partnership basis-shifting regulations, which were finalized in early January to compel businesses engaged in such potentially abusive tax avoidance strategies to report them under the threat of...