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An Unrestrained, Bright-Eyed View Of Legal AI’s Future

by usoftax_admin | Apr 18, 2025 | Tax News

Todd Itami at Covington offers a bright-eyed, laughing-all-the-way, skydive look at what the legal industry could look like after an artificial intelligence revolution, which he believes may happen much sooner and more dramatically than we expect.

Swiss-Italian Man Seeks To Block IRS Getting Data From Apple

by usoftax_admin | Apr 18, 2025 | Tax News

A Swiss-Italian man is seeking to quash an IRS summons on Apple Inc. to produce records linked to his account as part of a probe into his Swiss income tax liabilities, according to a petition filed in California federal court.

Taxation With Representation: Davis Polk, Simpson Thacher

by usoftax_admin | Apr 18, 2025 | Tax News

In this week’s Taxation With Representation, Global Payments Inc. buys Worldpay from GTCR and FIS, Intel Corp. sells a stake in its Altera business to Silver Lake, KKR acquires OSTTRA from S&P Global and CME Group, and Canada’s Capital Power Corp. nabs...

IRS Outlines Plan To Advance Whistleblower Program

by usoftax_admin | Apr 18, 2025 | Tax News

The Internal Revenue Service released an operating plan for its whistleblower program Friday, saying it aims to enhance the claim submission process, safeguard whistleblower information and keep whistleblowers informed on the status of their claims.

Tribal Members Fight Bid To Transfer Canadian Tariff Dispute

by usoftax_admin | Apr 17, 2025 | Tax News

Four members of Montana’s Blackfeet Nation are fighting a motion by the federal government to transfer their bid to block several Trump administration orders and proclamations imposing tariffs on Canadian goods, arguing there’s no legal basis for the move...
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Disclaimer This material has been prepared for information purposes only, and is not intended to provide, and should not be relied on for, tax, financial, legal, accounting, or similar advice. You may not rely upon this material as the basis of taking any tax, legal, accounting, financial, or similar decisions or analysis. The foregoing – in its entirety or in part – may not be reproduced or copied or duplicated or linked-to without attribution to, or permission from www.ustax.cpa

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