by usoftax_admin | Apr 9, 2025 | Tax News
The Internal Revenue Service’s interim leader, Melanie Krause, will stay at her post through May 15, the U.S. Treasury Department said Wednesday, after she and other officials reportedly said they would resign following an IRS agreement to share taxpayer... by usoftax_admin | Apr 9, 2025 | Tax News
Canada began slapping 25% tariffs on American cars and parts Wednesday as retaliation against tariffs on Canadian products implemented by President Donald Trump, the country’s Department of Finance announced. by usoftax_admin | Apr 9, 2025 | Tax News
A Florida woman is not entitled to claim a child who lived with her ex-husband as a dependent, nor can she claim the associated child tax credit, since her ex also claimed the child, the U.S. Tax Court said Wednesday. by usoftax_admin | Apr 9, 2025 | Tax News
Multinational power company Eaton Corp. asked an Ohio district court to allow it to redact information related to employees’ sexual orientation and religious beliefs before the court’s Sixth Circuit-ordered review of their records, saying such information... by usoftax_admin | Apr 9, 2025 | Tax News
Business and technology groups panned Minnesota legislation to tax data collection by social media platforms, saying Wednesday that the cost, estimated at nearly $100 million annually, would be borne by consumers and hurt the state’s economy.