by usoftax_admin | Sep 19, 2024 | Tax News
A Drexel University accounting professor was denied a new trial after being convicted on tax evasion charges for failing to report $3.3 million in income from a Trenton pharmacy, a New Jersey federal judge has ruled, reasoning that the professor’s case was not... by usoftax_admin | Sep 19, 2024 | Tax News
A bill introduced in the U.S. House of Representatives would seek to increase the availability and affordability of housing for service members in part by excluding the military’s basic housing allowance from the income calculation for the low-income housing tax... by usoftax_admin | Sep 19, 2024 | Tax News
The redistribution of corporate taxing rights among countries that agreed to new profit reallocation rules known as Pillar One would be “seriously affected” by a proposed safe harbor, according to report from a think tank funded by the European... by usoftax_admin | Sep 19, 2024 | Tax News
The death of a U.S. citizen who failed to file reports of foreign bank and financial accounts doesn’t stop the U.S. government from enforcing penalties against his estate, a New York federal judge ruled. by usoftax_admin | Sep 19, 2024 | Tax News
The U.S. Senate set the stage Thursday to proceed with a vote on one of President Joe Biden’s picks to fill an open seat on the U.S. Tax Court.