by usoftax_admin | Sep 6, 2024 | Tax News
As Congress returns to Washington, D.C., after the August recess, proposals including disaster tax relief and an agreement to provide tax treaty-like benefits to Taiwanese residents could be readied to be included in year-end legislation. Here, Law360 examines federal... by usoftax_admin | Sep 6, 2024 | Tax News
Government contractors that provide services to U.S. operations overseas are allowed to claim the deduction for foreign-derived intangible income, the IRS said in one of two internal memos released Friday that address foreign income issues. by usoftax_admin | Sep 6, 2024 | Tax News
About 21,000 wealthy taxpayers who had failed to file tax returns since 2017 have paid $172 million in taxes under a project the Internal Revenue Service launched in February, the agency and the U.S. Department of the Treasury announced Friday. by usoftax_admin | Sep 6, 2024 | Tax News
Staff will be required to spend 60% of their time with clients or in the office, it is understood by usoftax_admin | Sep 6, 2024 | Tax News
Three years ago, countries around the world outlined an agreed-upon minimum corporate tax system in an eight-page document that couldn’t have foreseen the full scope of complications that later emerged during implementation, including frictions with existing tax...