by usoftax_admin | Mar 22, 2025 | Tax News
The U.S. Supreme Court will return to the bench Monday to hear arguments in a dispute that could revive a long-dormant separation of powers principle and trigger a regulatory power shift. by usoftax_admin | Mar 21, 2025 | Tax News
A Miami-area tax preparer was sentenced to nearly five years in prison Friday after admitting to filing thousands of individual tax returns wrongly claiming energy credits, resulting in a $20 million loss for the Internal Revenue Service, according to the U.S.... by usoftax_admin | Mar 21, 2025 | Tax News
The First-tier Tribunal applied a faulty interpretation of value-added tax law to rule that jumbo-size marshmallows are exempt from VAT, a U.K. Court of Appeal panel said Friday, remanding the £473,000 ($611,000) dispute back to the tribunal. by usoftax_admin | Mar 21, 2025 | Tax News
A community college can proceed with its suit seeking a refund of tax penalties for failing to file wage statements for nearly all its employees, a Michigan federal judge ruled Friday, saying the school didn’t have to meet a “mistake-proof” standard... by usoftax_admin | Mar 21, 2025 | Tax News
A Washington, D.C., federal judge let two unions and a retirees group look into any steps the U.S. Secretary of the Treasury took to give the Department of Government Efficiency access to Treasury’s computer systems, saying she needs the information to evaluate... by usoftax_admin | Mar 21, 2025 | Tax News
As the opportunity zone program approaches its expiration, the Republican-led government could take specific steps to extend and improve the program, address its structural flaws, encourage broader participation and enable it to live up to its promised outcomes, say...