by usoftax_admin | Jan 21, 2025 | Tax News
President Donald Trump must halt efforts to enforce his executive order easing the process to fire certain federal employees, the National Treasury Employees Union argued in a lawsuit, claiming thousands of workers could be at risk of termination “for any reason... by usoftax_admin | Jan 21, 2025 | Tax News
A Delaware federal court should refund tax penalties a company paid on a $2.7 bill from the IRS for activities related to captive insurance companies and promoting abusive tax shelters, the company argued Tuesday, saying the government provided no proof it did... by usoftax_admin | Jan 21, 2025 | Tax News
While recently proposed regulations would provide long-awaited clarity that enterprises wholly owned by Native American tribes are exempt from federal taxes, the rules leave glaring questions open about whether tribes can access clean energy tax credits through... by usoftax_admin | Jan 21, 2025 | Tax News
The Senate Finance Committee on Tuesday approved Scott Bessent, President Donald Trump’s nominee for treasury secretary, sending his nomination to the full Senate for a vote. by usoftax_admin | Jan 21, 2025 | Tax News
President Donald Trump said a hiring freeze that he ordered at federal government agencies will be harsher at the Internal Revenue Service, with the agency requiring an extra layer of review, with no specified end date, before hiring can restart.