by usoftax_admin | Jun 14, 2024 | Tax News
A Fifth Circuit panel has found that the jury instructions for a $580,000 tax dispute were “irredeemably flawed,” vacating the verdict and handing a loss to a partnership that claimed it had reasonable cause for its tax filing problems due to an... by usoftax_admin | Jun 14, 2024 | Tax News
The Fifth Circuit should overturn a lower court’s ruling that a Houston truck company was not an importer responsible for nearly $2 million in excise taxes on tires it bought from a Chinese manufacturer, the U.S. told the Fifth Circuit on Friday. by usoftax_admin | Jun 14, 2024 | Tax News
An Ohio federal court should reconsider its decision that multinational power management company Eaton must disclose the personnel records of its foreign employees that were requested by the Internal Revenue Service in a transfer pricing investigation, the company... by usoftax_admin | Jun 14, 2024 | Tax News
From a look at efforts by the Republicans on the Senate Finance Committee to prepare for next year’s expiration of the 2017 tax overhaul law to a new call for nonprofit hospitals to provide more charity care, here’s a peek into a reporter’s notebook... by usoftax_admin | Jun 14, 2024 | Tax News
Arizona did not have standing to lodge its claim that its 2023 income tax rebates should be exempt from federal tax, the Internal Revenue Service told a federal court, arguing the taxes paid by Arizonans did not amount to harm to the state itself.