by usoftax_admin | Aug 22, 2024 | Tax News
The U.S. Supreme Court likely will decline to hear a construction company’s argument that South Dakota’s refusal to apportion use tax on its equipment was unconstitutional, a Massachusetts tax agency attorney predicted Thursday, saying the justices have no... by usoftax_admin | Aug 22, 2024 | Tax News
A North Carolina automotive business owner has pled guilty to failing to pay more than $2 million in employment taxes and not filing employment tax returns, the U.S. Department of Justice announced Thursday. by usoftax_admin | Aug 22, 2024 | Tax News
An owner of financial and tax services companies who earned about $1 million annually and failed to file returns for four years doesn’t have to pay a roughly $1.2 million fraud penalty assessed by the Internal Revenue Service, the U.S. Tax Court ruled... by usoftax_admin | Aug 22, 2024 | Tax News
An Internal Revenue Service settlement officer didn’t abuse her discretion when she decided to reject an offer from a Maryland couple to settle their more than $103,000 in outstanding tax debts by paying just over $1,800, the Tax Court said Thursday. by usoftax_admin | Aug 22, 2024 | Tax News
Switzerland expects to generate 85.7 billion Swiss francs ($100.6 billion) in tax receipts in 2025, an increase of 3.2% over the 2024 budget, with the biggest growth projected to come from personal income taxes, the country’s Federal Finance Administration said...