by usoftax_admin | Jun 23, 2024 | Tax News
The U.K. tax authority launched more criminal cases for tax fraud for the year ended June 30, 2023, increasing 49% from 63 cases for the previous year to 94, Pinsent Masons LLP said Monday. by usoftax_admin | Jun 21, 2024 | Tax News
The U.S. Supreme Court narrowed but did not entirely block the path to billionaire income tax legislation when the majority’s opinion declined to weigh constitutional questions about taxing unrealized gains in its decision to uphold a mandatory repatriation... by usoftax_admin | Jun 21, 2024 | Tax News
A Canadian wind tower manufacturer can’t get a break on countervailing duties despite being upfront about errors in its sales data, with the Federal Circuit ruling Friday that the errors raise the possibility of additional mistakes. by usoftax_admin | Jun 21, 2024 | Tax News
The IRS issued guidance for exceptions for emergency personal expense distributions and for domestic abuse victim distributions. by usoftax_admin | Jun 21, 2024 | Tax News
The Sixth Circuit should uphold about $3 million in tax liabilities against a self-employed gold and silver broker who failed to file returns for a decade, the IRS argued Friday, calling “frivolous” the man’s argument that he isn’t subject to...