by usoftax_admin | Jan 16, 2025 | Tax News
The Conservative Party of Canada promised Thursday to ax a capital gains tax increase secured by the administration of outgoing Prime Minister Justin Trudeau, according to a news release shared on social media Thursday by the party’s leader and its candidate for... by usoftax_admin | Jan 16, 2025 | Tax News
New pilot programs involve fast-track settlements and post-appeals mediation. by usoftax_admin | Jan 16, 2025 | Tax News
The U.S. Department of Justice’s Tax Division won an overwhelming majority of appeals in tax cases last year by prioritizing strong legal arguments in disputes that had the potential to significantly affect federal tax administration, the head of the division... by usoftax_admin | Jan 16, 2025 | Tax News
The U.S. Supreme Court’s refusal to weigh whether Philadelphia must credit a resident’s tax paid to Delaware against the city’s wage tax raises questions about whether state and local taxes could be considered together in the calculation of income... by usoftax_admin | Jan 16, 2025 | Tax News
A woman owes taxes on nearly $19,000 of unreported income she said she reported on a gift tax return, the U.S. Tax Court ruled Thursday, rejecting her argument that wages reported as gifts would not incur taxes.