by usoftax_admin | May 15, 2024 | Tax News
The former chief financial officer of a Russian gas company who was sentenced to seven years in prison for hiding money in Swiss banks can’t escape the government’s civil suit seeking nearly $44 million in reporting penalties, a Florida federal judge ruled... by usoftax_admin | May 15, 2024 | Tax News
The House Ways and Means Committee approved a package of bills Wednesday that would increase scrutiny of foreign donations to tax-exempt organizations, including legislation that would require those organizations to publicly report the donations. by usoftax_admin | May 15, 2024 | Tax News
Schulte Roth & Zabel LLP added a former Kleinberg Kaplan Wolff & Cohen PC partner with a focus on private investment funds to its tax group in New York. by usoftax_admin | May 15, 2024 | Tax News
An Eleventh Circuit judge was skeptical Wednesday of the government’s arguments that the Internal Revenue Service could issue a notice imposing reporting requirements on potentially abusive conservation easements without soliciting public feedback... by usoftax_admin | May 15, 2024 | Tax News
Proposed rules for reporting transactions with foreign trusts recently issued by the U.S. Treasury Department provide breathing room on disclosure requirements for certain offshore retirement accounts, but leave open some questions about classification. Here, Law360...