by usoftax_admin | Nov 19, 2024 | Tax News
The UK and what has been dubbed its ‘second empire’ have been found to be responsible for 26% of all countries’ tax losses by the Tax Justice Network by usoftax_admin | Nov 19, 2024 | Tax News
Almost 10 years after Federal Rule of Civil Procedure 34 was amended, attorneys still seem confused about what they should include in objections to discovery requests, and until the rules committee provides additional clarity, practitioners must beware the steep costs... by usoftax_admin | Nov 19, 2024 | Tax News
The U.S. Treasury Department finalized regulations Tuesday to make it easier for tax-exempt entities that co-own development projects to qualify for a direct cash payment of clean energy tax credits by electing out of their partnership tax status. by usoftax_admin | Nov 18, 2024 | Tax News
The U.S. Tax Court affirmed Monday its position that the IRS lacks authority to assess certain foreign information reporting penalties, denying the agency’s request to reverse a ruling that let a Missouri businessowner off the hook for $120,000. by usoftax_admin | Nov 18, 2024 | Tax News
A Missouri property that is owned and operated by a bank branch was properly valued at $1.1 million, the state’s tax commission ruled, saying the bank’s appraiser was not persuasive in her argument that the value should be lowered to $725,000.