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Strategic Hiring Was The New Normal For BigLaw In 2023

by usoftax_admin | May 21, 2024 | Tax News

The 400 largest law firms by headcount in the U.S. grew more slowly in 2023 than in the previous two years, while Kirkland & Ellis LLP surpassed the 3,000-attorney threshold, according to the latest Law360 ranking.

AI and transfer pricing: a perfect partnership?

by usoftax_admin | May 21, 2024 | Tax News

AI will speed up some of the most laborious TP processes without making human input redundant, argues Hank Moonen, CEO of TaxModel

Ex-IRS Agent, Five Others Sentenced In COVID Fraud Scheme

by usoftax_admin | May 20, 2024 | Tax News

A former Internal Revenue Service agent, his brother and four other defendants have pled guilty to participating in a scheme that netted more than $3 million in fraudulent COVID-19 pandemic relief loans.

Transparency Act Violates Constitution, Groups Tell 11th Circ.

by usoftax_admin | May 20, 2024 | Tax News

The Corporate Transparency Act’s reporting requirements violate the Fifth Amendment’s protection against self-incrimination and other constitutional provisions, libertarian think tank Cato Institute and others said Monday in urging the Eleventh Circuit to...

Opportunity Zones Helped Restore Pa. City, House Panel Told

by usoftax_admin | May 20, 2024 | Tax News

The Tax Cuts and Jobs Act’s provisions, especially the law’s opportunity zones aimed at boosting economic investment in distressed communities, have been integral in the economic restoration of Erie, Pennsylvania, panelists told the House Ways and Means...
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