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Railroad Worker Tax Rates Won’t Change For 2025

by usoftax_admin | Nov 22, 2024 | Tax News

Tier 2 tax rates for railroad employees, employers and employee representatives in 2025 will remain unchanged, according to an Internal Revenue Service announcement Friday.

Senator blasts PwC over inquiry conduct amid fresh scandal revelations

by usoftax_admin | Nov 22, 2024 | Tax News

US partner Matthew Chen was named as potentially the first overseas PwC staffer implicated in the tax leaks scandal, in a dramatic week for the ‘big four’ firm

IRS Corrects Advanced Manufacturing Credit Regs

by usoftax_admin | Nov 22, 2024 | Tax News

The Internal Revenue Service released a correction notice Friday fixing a dozen errors in the final regulations implementing the advanced manufacturing investment credit rules and special 10-year credit recapture rule.

This week in tax: Ex-PwC partner hits out at firm amid legal battle

by usoftax_admin | Nov 22, 2024 | Tax News

PwC alleged it has suffered identifiable loss and damage arising out of a former partner’s unauthorised use of confidential information; in other news, Forvis Mazars unveiled its next UK CEO

Overcoming pillar two preparation fatigue

by usoftax_admin | Nov 22, 2024 | Tax News

Technology is on the way to relieve tax advisers tired by onerous pillar two preparations, says Russell Gammon of Tax Systems
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