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This week in tax: Donald Trump pauses global tariffs

by usoftax_admin | Apr 11, 2025 | Tax News

However, the US president increased tariffs on imported Chinese goods to 125%; in other news, UK tax firm MHA expects to raise £102m from its London listing

Immigration Groups Seek Unredacted Tax Data-Sharing Pact

by usoftax_admin | Apr 10, 2025 | Tax News

Immigration advocates trying to block the Internal Revenue Service from disclosing taxpayers’ information to the U.S. Department of Homeland Security and other agencies urged a D.C. federal court on Thursday to require the Justice Department to hand over an...

Calif. Rep’s Bill Would Shield Farmers From Retaliatory Tariffs

by usoftax_admin | Apr 10, 2025 | Tax News

A California congressman on Thursday introduced a bill in the U.S. House aiming to curb the authority of President Donald Trump to impose new or additional duties on agricultural products from countries that are major agricultural trade partners with the United...

Exec Facing Tax Evasion Charges To Remain In Custody

by usoftax_admin | Apr 10, 2025 | Tax News

An aerospace company founder facing tax evasion and other fraud charges will remain in pretrial detention because he’s considered a major flight risk, a D.C. federal court ruled.

Reps Intro Bill To Cap Conservation Easement Protections

by usoftax_admin | Apr 10, 2025 | Tax News

Two Republican congresswomen have introduced a bill that would put a 30-year cap on conservation easements entered into by the U.S. Department of the Interior, saying the agreements shouldn’t be allowed to hamstring future generations of landowners.
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