by usoftax_admin | Apr 11, 2025 | Tax News
China’s government said Friday it has raised its tariffs on U.S. goods to 125% and won’t match future tariff rate increases by President Donald Trump, who according to the White House has set the rate for most Chinese goods at 145%. by usoftax_admin | Apr 11, 2025 | Tax News
Certain participants in reportable microcaptive insurance transactions will have penalties waived in cases where they fail to file required disclosure statements due April 14, so long as they file them by July 31, the Internal Revenue Service said Friday. by usoftax_admin | Apr 11, 2025 | Tax News
California federal prosecutors are seeking the release of a former FBI informant who is serving a six-year prison sentence for falsely telling agents that former President Joe Biden and his son Hunter Biden had accepted bribes from a Ukrainian energy company. by usoftax_admin | Apr 11, 2025 | Tax News
Work will continue on the OECD’s international tax deal despite the U.S. saying it doesn’t apply stateside, the organization said Friday after a meeting of 135 jurisdictions that helped craft the system. by usoftax_admin | Apr 11, 2025 | Tax News
The U.S. government urged a New York federal court not to trim its complaint against the former shareholders of a family holding company accused of participating in an $81 million tax scheme, saying the family illegally avoided paying capital gains on its sale of the...