by usoftax_admin | Oct 23, 2024 | Tax News
The Ninth Circuit on Wednesday ordered the resentencing of onetime celebrity attorney Michael Avenatti for his California conviction for tax violations and stealing from clients, saying the lower court made multiple mistakes when handing down a 14-year prison... by usoftax_admin | Oct 23, 2024 | Tax News
Certified public accountants and financial planners are preparing to help their clients navigate the uncertainty around next year’s expiration of major parts of the Tax Cuts and Jobs Act as lawmakers gear up to decide who will bear the brunt of any resulting tax... by usoftax_admin | Oct 23, 2024 | Tax News
Tennessee’s revenue collection in August and September totaled $103 million more than a state estimate for that period, the state Department Finance and Administration reported. by usoftax_admin | Oct 23, 2024 | Tax News
Proposed regulations outlining when foreign taxes under the Pillar Two international minimum tax agreement trigger U.S. rules against benefiting twice from the same economic loss should be narrowed to limit their applicability, the American Bar Association Tax Section... by usoftax_admin | Oct 23, 2024 | Tax News
Tax-exempt entities are not obligated to file the corporate alternative minimum tax form for the 2023 tax year with the Internal Revenue Service, but they should still maintain the document for recordkeeping purposes, the agency announced Wednesday. 