by usoftax_admin | Apr 24, 2025 | Tax News
President Donald Trump’s tariffs currently being collected disproportionately harm lower- and middle-income earners in the U.S., according to an updated study by the Institute on Taxation and Economic Policy. by usoftax_admin | Apr 24, 2025 | Tax News
The first quarter of 2025 was filled with the refinement of old theories in the property and casualty space, including in vehicle valuation, time to seek appraisal and materials depreciation, says Mathew Drocton at BakerHostetler. by usoftax_admin | Apr 24, 2025 | Tax News
Two tax assistance companies are appealing to the Ninth Circuit an Arizona federal court ruling denying their request to stop the IRS from issuing batch denials of thousands of pandemic-era worker credit claims, including those filed by their clients. by usoftax_admin | Apr 24, 2025 | Tax News
The Internal Revenue Service wrongly subjected nearly $33 million of a New York investment firm’s income to self-employment taxes by disqualifying the firm’s limited partners and taxing their distributions, it alleged in two U.S. Tax Court petitions. by usoftax_admin | Apr 24, 2025 | Tax News
The promise of nine years’ tax certainty and a ‘rational and pragmatic’ government process makes APAs a no-brainer, Indian tax advisers tell ITR