by usoftax_admin | Jun 17, 2024 | Tax News
There were no genuine disputes of facts with the Internal Revenue Service’s determination that a Maryland man had failed to file a return reporting nearly $255,000 in gross income, leading to a tax deficiency of more than $61,000, the U.S. Tax Court ruled... by usoftax_admin | Jun 17, 2024 | Tax News
A recent IRS notice that includes updated lists of locations where clean energy projects can qualify for additional tax credits — based 2023 unemployment data and placed-in-service dates — should help provide clarity regarding project eligibility that sponsors and... by usoftax_admin | Jun 17, 2024 | Tax News
The Internal Revenue Service published guidance Monday on the corporate bond monthly yield curve used in calculations for defined benefit plans as well as corresponding segment rates and other related provisions. by usoftax_admin | Jun 17, 2024 | Tax News
California’s total receipts from July through May were $2.4 billion more than projected in revised estimates, according to the state Comptroller’s Office. by usoftax_admin | Jun 17, 2024 | Tax News
A regulatory project to stop large, complex partnerships from using murky business structures to boost deductions and dodge taxes, an effort launched Monday by the U.S. Department of the Treasury and the IRS, could ultimately raise over $50 billion in a decade,...