by usoftax_admin | Jan 24, 2024 | Tax News
The Eighth Circuit wrongly allowed the IRS to tax a life insurance payout meant to maintain a family’s control of its St. Louis building materials company, the estate of the company’s deceased co-owner told the U.S. Supreme Court in an opening brief... by usoftax_admin | Jan 24, 2024 | Tax News
The Houston office of Simpson Thacher & Bartlett LLP has a new tax partner, formerly of Kirkland & Ellis LLP, the firm announced Wednesday. by usoftax_admin | Jan 24, 2024 | Tax News
The Internal Revenue Service may assess tax outside a three-year time period in instances when a preparer intends to evade tax with a false return, the U.S. Tax Court ruled Wednesday. by usoftax_admin | Jan 24, 2024 | Tax News
The daughter of a dead film executive asked the U.S. Supreme Court to review a Ninth Circuit decision approving an IRS summons for her father’s financial records, saying the documents stemmed from an illegal search of his home in Los Angeles triggered by Italian... by usoftax_admin | Jan 24, 2024 | Tax News
The IRS consultant who stole the tax returns of thousands of wealthy people, including Donald Trump, and leaked them to the media should receive the maximum sentence, House Ways and Means Committee Republicans told a D.C. federal judge in a letter released... by usoftax_admin | Jan 24, 2024 | Tax News
A New Jersey tax preparer has admitted that he conspired to employ an identity theft scheme to defraud the U.S. government of $4.49 million, the U.S. attorney announced Wednesday.