by usoftax_admin | Jun 3, 2024 | Tax News
Television producer Alan Hamel and the estate of his wife, actor Suzanne Somers, owe nearly $2.7 million in taxes and penalties going back to 1996 related to losses in a partnership, the U.S. Tax Court ruled Monday. by usoftax_admin | Jun 3, 2024 | Tax News
The Internal Revenue Service did not abuse its discretion when rejecting a Florida man’s collection alternative request, the U.S. Tax Court said Monday. by usoftax_admin | Jun 3, 2024 | Tax News
A New York couple failed to adequately prove that they should have been able to claim $3.7 million in net operating losses on their personal income taxes that were generated by settlement payments made by a company they owned, the U.S. Tax Court said Monday. by usoftax_admin | Jun 3, 2024 | Tax News
A North Carolina man’s claim of ineffective counsel is not sufficient reason to vacate his convictions for filing false tax returns and obstructing an official proceeding in a case involving $2.1 million in unreported income sent from Bermuda entities, the... by usoftax_admin | Jun 3, 2024 | Tax News
An Illinois woman who prepared her taxes online through H&R Block and then sued Google, claiming the search engine’s tracking tool effectively eavesdropped on her confidential tax information, can move forward with her proposed class action, a California...