by usoftax_admin | Oct 9, 2024 | Tax News
With the November election approaching, businesses are bracing for the potential impact of two very different sets of tax policies, with the resulting uncertainty making long-term tax planning increasingly difficult. by usoftax_admin | Oct 9, 2024 | Tax News
The IRS brushed aside the requirements of a pandemic relief law by stalling on issuing $2.3 million in worker tax credits to two branches of a historic masonry company, the businesses told an Illinois federal court in a suit seeking refunds. by usoftax_admin | Oct 9, 2024 | Tax News
Prosecutors told a Wisconsin federal judge that a former Husch Blackwell LLP partner who pled guilty to tax evasion should be sentenced to 16 months in prison, saying he lied to IRS revenue officers to keep them at bay while spending lavishly on private planes,... by usoftax_admin | Oct 9, 2024 | Tax News
The Labour Party’s hands-off approach to tax during the UK election campaign could be construed as political savviness, but as the October budget looms, reality will settle in by usoftax_admin | Oct 9, 2024 | Tax News
The U.S. Treasury Department adopted final rules Wednesday that shut off an annual income inclusion associated with intangibles for companies in certain situations that have transferred intellectual property back to the U.S. from overseas.