by usoftax_admin | May 1, 2024 | Tax News
Telecommunications giant Liberty Global urged the Tenth Circuit to revive the company’s $109 million tax refund bid, arguing a lower court rejected the claim by wrongly disregarding intercompany transactions that are permitted under legislation involving the... by usoftax_admin | May 1, 2024 | Tax News
The owner of a metal fabrication company admitted to neglecting to report nearly $3 million in business income to the IRS, Connecticut federal prosecutors announced. by usoftax_admin | May 1, 2024 | Tax News
Energy Transfer co-founder Kelcy Warren accused government contractor Booz Allen Hamilton of failing to supervise an employee who stole Warren’s private tax information and that of thousands of other wealthy people while on assignment at the IRS, according to a... by usoftax_admin | May 1, 2024 | Tax News
The former second-in-command of a Massachusetts state police traffic safety unit was sentenced to three years in prison for his role in a widespread conspiracy to steal federally funded overtime through no-work shifts. by usoftax_admin | May 1, 2024 | Tax News
The IRS and Treasury’s final rules on the sale and transfer of green energy credits maintained a strict reading of the statute while making few changes, a sign of caution by regulators amid judicial scrutiny of the government’s rulemaking authority.