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IRS Shouldn’t Elect To Use OECD Pricing Method, AICPA Says

by usoftax_admin | Apr 29, 2025 | Tax News

The IRS shouldn’t unilaterally apply the Organization for Economic Cooperation and Development’s streamlined approach to price-related companies’ baseline distribution and marketing costs and should give companies a wide berth to choose the approach,...

Court Urged To Reconsider Jurisdiction In Tribal Tariff Row

by usoftax_admin | Apr 28, 2025 | Tax News

Blackfeet Nation members are asking a Montana federal judge to reconsider an order to transfer their challenge against President Donald Trump’s tariffs on imports from Canada and abroad to the U.S. Court of International Trade, saying the decision is based on...

NC Dentist Acquitted Of $3M Fraud, Tax Evasion Charges

by usoftax_admin | Apr 28, 2025 | Tax News

A North Carolina dentist was acquitted of wire fraud and tax evasion charges on the fourth day of a federal jury trial in which prosecutors had alleged the dentist submitted false loan applications to the Small Business Administration and failed to pay income...

Feds Urged To Drop Crypto Mixer Charges After DOJ Memo

by usoftax_admin | Apr 28, 2025 | Tax News

Federal prosecutors are weighing whether to continue pursuing a criminal case against two executives of crypto mixing service Samourai Wallet in light of a recent U.S. Department of Justice memo limiting certain digital asset prosecutions.

Tax Services Provider Andersen Files Confidential IPO Plans

by usoftax_admin | Apr 28, 2025 | Tax News

Tax and legal services provider Andersen Group Inc. said Monday it confidentially filed for an initial public offering, marking a first step toward going public amid market volatility that has largely frozen IPOs in recent weeks.
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