by usoftax_admin | Feb 13, 2025 | Tax News
A man accused of operating an abusive tax shelter whose bond was revoked after a federal judge said he may have committed additional crimes while awaiting trial asked a Colorado federal court Thursday to reconsider detaining him, saying the government had long been... by usoftax_admin | Feb 13, 2025 | Tax News
The U.S. will explore imposing reciprocal tariffs that equal rates levied by other countries importing American products, President Donald Trump announced Thursday, a move some experts worry will lead to “compliance nightmares” and COVID-level disruptions... by usoftax_admin | Feb 13, 2025 | Tax News
A business owner who claims the U.S. Tax Court wrongly barred him from taking a $13 million deduction for worthless debt told the Ninth Circuit that the federal government is ignoring economic realities surrounding the tax laws at issue in the case. by usoftax_admin | Feb 13, 2025 | Tax News
The Internal Revenue Service released discount factors Thursday for insurance companies to use to calculate unpaid losses for 2024 and earlier accident years. by usoftax_admin | Feb 13, 2025 | Tax News
Several recent rulings illustrate the challenges in-house counsel can face when attempting to preserve attorney-client privilege, but a few best practices can help safeguard communications and effectively assert the privilege in an increasingly scrutinized corporate...