by usoftax_admin | Oct 9, 2024 | Tax News
A U.S. Tax Court judge rejected an IRS levy for restitution owed by an ex-attorney serving time for orchestrating a $7 billion tax fraud scheme, saying the agency had made contradictory determinations about the alleged debt and wrongly involved the former... by usoftax_admin | Oct 9, 2024 | Tax News
A Michigan law firm and a third-party claims firm agreed Wednesday not to solicit potential members to an action alleging Michigan counties kept profits from foreclosures of tax-delinquent properties, following a meeting with class attorneys who had urged a judge to... by usoftax_admin | Oct 9, 2024 | Tax News
The Australian Taxation Office published draft guidance Wednesday for the country’s new debt deduction creation rules, including the planned compliance approach and a framework for risk assessment. by usoftax_admin | Oct 9, 2024 | Tax News
The Internal Revenue Service correctly determined a U.S. Army reservist and his wife were deficient on their taxes and liable for an accuracy-related penalty, the U.S. Tax Court said Wednesday, finding they failed to report income and didn’t back up claimed... by usoftax_admin | Oct 9, 2024 | Tax News
Remote sellers could be eligible for a voluntary disclosure program that would limit their back sales tax liabilities after registering with states that take part in an interstate sales tax compact, under a proposal the Streamlined Sales Tax Governing Board opted to...