by usoftax_admin | Jan 31, 2024 | Tax News
A man with dual citizenship in the U.S. and Serbia will have to pay $5.3 million in penalties and interest for willful failure to report a Swiss bank account, according to a judgment a New York federal judge issued Wednesday. by usoftax_admin | Jan 31, 2024 | Tax News
A mechanism to trace the source of battery materials in electric vehicles would help enforce manufacturers’ compliance with the domestic content requirements that are now linked to the EV consumer tax credit, stakeholders told U.S. Treasury Department and IRS... by usoftax_admin | Jan 31, 2024 | Tax News
A former Georgia Institute of Technology professor was sentenced to a year of home confinement and three years’ probation on Wednesday for shirking hundreds of thousands of dollars in federal taxes by inflating his charitable deductions through a scheme... by usoftax_admin | Jan 31, 2024 | Tax News
Oklahoma would cut personal income tax rates by a quarter of a percentage point for all tax brackets under a bill passed Wednesday by the state House of Representatives. by usoftax_admin | Jan 31, 2024 | Tax News
People historically have been unaware that crypto is taxable, but it’s on HMRC’s radar, Pinsent Masons’ tax manager Sophie Warren told ITR by usoftax_admin | Jan 31, 2024 | Tax News
Information supporting an Ohio sales tax refund claim would no longer be allowed to be submitted via computer disk or drive, but instead electronically, under a rule amended by the Ohio Department of Taxation.