by usoftax_admin | Jan 9, 2024 | Tax News
An accountant blamed by federal prosecutors for pioneering the use of conservation easements as illegal tax shelters was sentenced to 25 years in prison Tuesday following his conviction on all counts of a $1.3 billion tax fraud scheme that drew the first criminal... by usoftax_admin | Jan 9, 2024 | Tax News
New York City repeatedly violated state law by failing to assess properties in the same class at a uniform percentage value, thus discriminating against minority residents by causing them to pay a disproportionate share of tax, a lawyer for a property tax coalition... by usoftax_admin | Jan 9, 2024 | Tax News
Florida Gov. Ron DeSantis proposed tax cuts, the continuation of sales tax holidays and tax relief for small businesses in his State of the State address Tuesday. by usoftax_admin | Jan 9, 2024 | Tax News
New York Gov. Kathy Hochul urged lawmakers Tuesday to pass legislation that would offer tax breaks for new rental construction and for converting commercial buildings into affordable housing in New York City as part of her agenda to boost the city’s housing... by usoftax_admin | Jan 9, 2024 | Tax News
The 15% global minimum tax plan is expected during coming years to cut in half the nearly $700 billion in profits that companies shift annually to low-tax jurisdictions, the Organization for Economic Cooperation and Development said Tuesday in a report. by usoftax_admin | Jan 9, 2024 | Tax News
As the IRS works on a plan to improve its whistleblower program, attorneys have a wish list of changes they think would make the program more effective. Here, Law360 examines three changes that whistleblower attorneys desire.