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Senate Bill Would Require SSNs For EITC, Child Tax Credit

by usoftax_admin | Feb 13, 2024 | Tax News

A bill introduced in the U.S. Senate would require claimants to have valid Social Security numbers to be eligible for the earned income tax credit and the child tax credit.

Crypto Exec Wants IRS Summonses Quashed, Citing Privacy

by usoftax_admin | Feb 13, 2024 | Tax News

A cryptocurrency executive charged in a 2020 bitcoin fraud investigation was never notified about Internal Revenue Service summonses later sent to two banks that sought his and his company’s financial records, he told a Texas federal court, arguing that the...

SG’s Office Is Case Study To Help Close Legal Gender Gap

by usoftax_admin | Feb 13, 2024 | Tax News

As women continue to be underrepresented in the upper echelons of the legal profession, law firms could learn from the example set by the Office of the Solicitor General, where culture and workplace policies have helped foster greater gender equality, say attorneys at...

EY to ‘almost entirely’ pay off Project Everest by July

by usoftax_admin | Feb 13, 2024 | Tax News

The ‘big four’ firm has already communicated its intention to pay off the strategic failure to its partners

Ex-IRS Contractor Appeals 5-Year Sentence For Tax Info Leak

by usoftax_admin | Feb 13, 2024 | Tax News

A former IRS contractor sentenced to five years in prison for stealing and leaking former President Donald Trump’s tax returns to the media — and those of thousands of other wealthy people — told a D.C. federal court he will appeal his final judgment.

Lawmakers Call On IRS For Lead Pipe Replacement Clarity

by usoftax_admin | Feb 13, 2024 | Tax News

Fifteen bipartisan members of Congress called on the Internal Revenue Service to clarify the tax treatment of lead pipe replacement grants in a letter released Tuesday.
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