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Prepare for the worst but hope for the best? Practical tips to meet your pillar two compliance obligations

by usoftax_admin | Feb 17, 2025 | Tax News

Deloitte Global partners Chad Hungerford and Chris Oates reveal the key practical challenges of pillar two implementation while finding cause for optimism and even excitement in an exclusive podcast with ITR

Elon Musk DOGE engineer ‘set for unlimited taxpayer data access’

by usoftax_admin | Feb 17, 2025 | Tax News

Gavin Kliger, a DOGE software engineer, is reportedly set to work at the IRS for 120 days

Former Entain Execs Sue Addleshaw For Privileged Docs

by usoftax_admin | Feb 17, 2025 | Tax News

The former chief executive at the predecessor of Entain and the betting giant’s former chair have sued Addleshaw Goddard LLP, seeking the release of privileged advice believed to have been turned over to regulators and prosecutors in a major bribery...

AICPA urges IRS to meet needs of taxpayers, preparers during filing season

by usoftax_admin | Feb 16, 2025 | Tax News

“Americans deserve a fully functioning agency that can be respected by taxpayers and their preparers,” a statement by AICPA CEO Mark Koziel said Sunday as IRS officials plan for cuts in federal workforce.

Maine Judge Denies Challenge To Corporate Transparency Act

by usoftax_admin | Feb 16, 2025 | Tax News

A Maine federal judge on Friday upheld the Corporate Transparency Act, rejecting one of several challenges across federal courts claiming Congress lacked the power to require companies to disclose their real owners.
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