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How To Grow Marketing, Biz Dev Teams In A Tight Market

by usoftax_admin | Jul 31, 2024 | Tax News

Faced with fierce competition and rising operating costs, firms are feeling the pressure to build a well-oiled marketing and business development team that supports strategic priorities, but they’ll need to be flexible and creative given a tight talent market, says...

TaxAct Customers’ Attys Want $5.8M Fee For $23M Deal

by usoftax_admin | Jul 31, 2024 | Tax News

The attorneys for TaxAct Inc. customers who secured a $23 million deal to resolve claims that the company was secretly sharing confidential taxpayer information with Meta and Google asked a federal judge to award them more than $5.8 million in fees for their...

Senators Ask Treasury To Limit Biofuel Tax Credit Eligibility

by usoftax_admin | Jul 31, 2024 | Tax News

The U.S. Treasury Department shouldn’t grant biofuel production tax credits to companies that use foreign-sourced feedstocks, a coalition of Republican and Democratic senators said in a letter published Wednesday.

Judge Won’t Undo IRS’ Pause On Worker Retention Credits

by usoftax_admin | Jul 31, 2024 | Tax News

An Arizona federal judge rejected a tax advisory firm’s request to lift the IRS’ pause on processing claims for the pandemic-era employee retention credit, saying he wasn’t eager to stop the agency from addressing the fraud it alleges has been...

States Fail To Advance MTC Project On Trucking Receipts Reg

by usoftax_admin | Jul 30, 2024 | Tax News

A Multistate Tax Commission project on creating a model regulation that would allow states to source trucking receipts based on where deliveries occur appears to be shelved after a commission panel narrowly failed Tuesday to approve a motion seeking to further explore...
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