by usoftax_admin | Dec 17, 2024 | Tax News
The acting commissioner of New York state’s tax agency said Tuesday that she’s excited about the possibility of harnessing advancements in technology to further scrutinize returns from complex partnerships that are difficult for auditors to digest on their... by usoftax_admin | Dec 17, 2024 | Tax News
A man’s $35,000 payment to his ex-wife from stock proceeds is not deductible because it qualifies as a division-of-assets payment and not alimony, the U.S. Tax Court ruled in a bench opinion released Tuesday. by usoftax_admin | Dec 17, 2024 | Tax News
A federal magistrate judge should have recommended allowing the U.S. government to foreclose on two properties it claims are controlled by a winner of the “Survivor” TV series who owes $3.3 million in taxes, the government told a Rhode Island federal... by usoftax_admin | Dec 17, 2024 | Tax News
The U.S. Supreme Court should decline to hear appeals by IBM and Disney that claim New York state’s tax treatment of royalties received from foreign affiliates resulted in unconstitutional discrimination against interstate commerce, the state told the court... by usoftax_admin | Dec 17, 2024 | Tax News
As globalization manifests itself in disputes over foreign-created documents, a California federal court’s recent trademark decision illustrates nuances of both U.S. privilege frameworks and foreign evidentiary protections that attorneys must increasingly bear in...