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5 Reasons Associates Shouldn’t Take A Job Just For Money

by usoftax_admin | Jan 31, 2024 | Tax News

As a number of BigLaw firms increase salary scales for early-career attorneys, law students and lateral associates considering new job offers should weigh several key factors that may matter more than financial compensation, say Albert Tawil at Lateral Hub and Ruvin...

Senate Tax Panel Approves Biden’s IRS Chief Counsel Pick

by usoftax_admin | Jan 31, 2024 | Tax News

The Senate Finance Committee approved President Joe Biden’s pick for chief counsel of the Internal Revenue Service on Wednesday, sending her nomination to the full Senate for consideration.

Calif. Says FDIC Owes Signature Bank’s Unpaid Taxes

by usoftax_admin | Jan 31, 2024 | Tax News

California’s state tax collection agency asked a New York federal court to force the Federal Deposit Insurance Corp. to pay five years’ worth of unpaid taxes on behalf of the shuttered Signature Bank, saying the FDIC is responsible for the debt as the...

Pillar one: implications of amount B for businesses in Korea

by usoftax_admin | Jan 31, 2024 | Tax News

Yong Chan Lee and Eun Jin Choi of Deloitte Korea provide an update on the application of the OECD’s two-pillar solution and explain how Korean businesses can prepare for amount B’s introduction

KPMG UK revenues boosted 9% despite dealmaking drop

by usoftax_admin | Jan 31, 2024 | Tax News

The ‘big four’ firm’s UK unit has reached nearly £3 billion in turnover

Treasury Aims To Finish Credit Monetization Rules In 2024

by usoftax_admin | Jan 31, 2024 | Tax News

The U.S. Department of the Treasury aims to issue final rules this year on two new ways to monetize tax credits tied to clean energy construction projects, known as the direct pay and transferability methods, an official said.
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