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IRS Floats Property Rule Changes On Interest Capitalization

by usoftax_admin | May 14, 2024 | Tax News

The Internal Revenue Service floated changes Tuesday to the interest capitalization requirements for improvements constituting property production, including removing the so-called associated property rule that was invalidated by the Federal Circuit.

Ex-Whiteford Taylor Business Co-Chair Joins Baker Donelson

by usoftax_admin | May 14, 2024 | Tax News

Baker Donelson Bearman Caldwell & Berkowitz PC has welcomed a new shareholder who spent more than a decade with the Internal Revenue Service and previously co-chaired Whiteford Taylor & Preston LLP’s business department, the firm announced on...

EY manager claims he was sacked over holiday, hours complaints

by usoftax_admin | May 14, 2024 | Tax News

Konrad Jeczewski has alleged he was threatened with negative reviews before being made redundant by EY Australia

IRS Finalizes Slash Of Preparer ID Fee

by usoftax_admin | May 14, 2024 | Tax News

The Internal Revenue Service will reduce the cost to apply for or renew a preparer tax identification number by nearly 50%, the agency said in a final rule released Tuesday.

NJ Fraudster Gets More Prison Time, Owes $6M For Tax Evasion

by usoftax_admin | May 13, 2024 | Tax News

A New Jersey man who was convicted of dodging taxes on more than $16 million he stole from securities fraud victims was handed a six-year prison sentence — most of which will be served simultaneously with his fraud sentence — and ordered to pay over $6 million in...
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