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IRS Corrects Notice On Bonus Energy Tax Credit Safe Harbors

by usoftax_admin | May 24, 2024 | Tax News

The Internal Revenue Service and U.S. Department of the Treasury issued a correction Friday to a notice providing additional safe harbors that clean energy project developers can use to qualify for bonus tax credits for domestically sourcing their steel and aluminum...

Arizona Man Admits To $4.4M Conspiracy To Defraud IRS

by usoftax_admin | May 24, 2024 | Tax News

An Arizona man admitted to conspiring with a New Jersey tax preparer to obtain at least $4.4 million by defrauding the Internal Revenue Service in an elaborate identify theft scheme, the U.S. Department of Justice said.

Lists Of State Laws That Satisfy Charitable Org. Regs Invalid

by usoftax_admin | May 24, 2024 | Tax News

The Internal Revenue Service rendered obsolete two lists of state laws and circumstances that allowed for charitable organizations to satisfy certain federal requirements, as a number of the relevant laws have since changed, the agency announced Friday.

Taxation With Representation: Davis Polk, Wachtell, Latham

by usoftax_admin | May 24, 2024 | Tax News

In this week’s Taxation With Representation, SouthState Corp. buys Independent Bank Group Inc., CyberArk acquires Venafi, Carlyle clinches its fifth Japanese buyout fund, and AuditBoard Inc. agrees to be bought by Hg Capital.

Using A Children’s Book Approach In Firm Marketing Content

by usoftax_admin | May 24, 2024 | Tax News

From “The Giving Tree” to “Where the Wild Things Are,” most children’s books are easy to remember because they use simple words and numbers to tell stories with a human impact — a formula law firms should emulate in their marketing content to stay front of mind for...
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