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Final regs. address resolution of federal tax controversies by Appeals

by usoftax_admin | Jan 17, 2025 | Tax News

The final regulations, which include 24 exceptions to consideration of federal tax controversies by the Independent Office of Appeals, generally follow the proposed regulations issued in October 2022.

Skadden appoints ex-Baker McKenzie partner as London tax disputes head

by usoftax_admin | Jan 17, 2025 | Tax News

Patrick O’Gara, who is rated as a ‘highly regarded practitioner’ by World Tax, had spent over 20 years at Baker McKenzie

Taxation With Representation: Simpson Thacher, Covington

by usoftax_admin | Jan 17, 2025 | Tax News

In this week’s Taxation With Representation, Eli Lilly and Co. buys a precision breast cancer program, Applied Digital Corp. enters a financing agreement for its high-performance computing business, Clearwater Analytics buys Enfusion, and Lantheus Holdings Inc....

Ex-Pol’s Atty Chided For Early Morning Sentencing Memo

by usoftax_admin | Jan 17, 2025 | Tax News

The lawyer for a former Massachusetts state senator convicted of tax and pandemic aid fraud was scolded by a federal judge on Friday for filing a sentencing memo at 3:30 a.m. on the day of the hearing, then showing up late to court, forcing a postponement.

Co. Suggests 4 Chemicals For Taxable Substances List

by usoftax_admin | Jan 17, 2025 | Tax News

The Internal Revenue Service is seeking comments on proposals from Occidental Chemical Corp. to add four chemicals to the Internal Revenue Code’s list of taxable substances, the agency said Friday.
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