by usoftax_admin | Nov 13, 2024 | Tax News
Two St. Louis tax attorneys and a North Carolina insurance agent’s pleas for leniency were largely ignored Wednesday by a federal judge sentencing them for their role in a multimillion-dollar tax avoidance scheme, with the judge declaring that the need for... by usoftax_admin | Nov 13, 2024 | Tax News
The city of Boston is taking celebrity chef Barbara Lynch to court, alleging that for more than a decade she has failed to pay over $1.6 million in personal property taxes for her group of restaurants, which she is in the process of closing and attempting to... by usoftax_admin | Nov 13, 2024 | Tax News
A Michigan Supreme Court justice on Wednesday said he was troubled by a lower appellate ruling he said seemed to imply that municipalities can work around a state law barring sneaky taxes, in this case by stating a charge for fire prevention services is really just... by usoftax_admin | Nov 13, 2024 | Tax News
Congress could include disaster-related tax fraud and a legislative fix in a year-end package to address rampant fraud associated with the employee retention tax credit, staffers for the House Ways and Means and Senate Finance committees said Wednesday. by usoftax_admin | Nov 13, 2024 | Tax News
The Internal Revenue Service’s timeline for producing final regulations for the corporate alternative minimum tax will depend on priorities set by whomever President-elect Donald Trump picks to lead the U.S. Department of the Treasury, an IRS official said...