by usoftax_admin | Mar 26, 2025 | Tax News
Under the merged scheme for R&D tax relief introduced last year, rules on contracted out R&D have changed. James Dudbridge argues for a proactive approach when reviewing companies’ commercial arrangements by usoftax_admin | Mar 26, 2025 | Tax News
The U.S. Supreme Court on Wednesday reversed a Tenth Circuit decision allowing the bankruptcy trustee of a defunct Utah company to claw back $145,000 in federal taxes, saying the sections of the Bankruptcy Code relied upon by the trustee provide only a limited waiver... by usoftax_admin | Mar 25, 2025 | Tax News
Even outside the reporting cycle, it is important not to lose sight of the pillar two measures and their ‘bear traps’. A webinar fronted by Ross Robertson, the global lead for pillar two at BDO, explains why by usoftax_admin | Mar 25, 2025 | Tax News
Virginia Gov. Glenn Youngkin has abandoned proposals to credit some residents for car tax payments and eliminate taxes on tips after the Democratic-controlled General Assembly made it clear it would not pass those plans from the Republican governor. by usoftax_admin | Mar 25, 2025 | Tax News
IRS staff cuts and early retirements, driven by the White House’s push to shrink government, will likely lead to longer phone hold times and reduced service and make it harder for taxpayers to get assistance for the remainder of the 2025 tax return filing season... by usoftax_admin | Mar 25, 2025 | Tax News
A Maryland community bank is contesting in the U.S. Tax Court the Internal Revenue Service’s decision to scrap two years’ worth of tax deductions tied to a reinsurance captive, disputing the agency’s findings that the arrangement had no economic...