by usoftax_admin | Jan 9, 2024 | Tax News
IRS commissioner Danny Werfel promised “marked improvement” for the upcoming tax season, when almost 129 million individual tax returns are expected to be filed. by usoftax_admin | Jan 8, 2024 | Tax News
A couple improperly claimed “dummy deductions” on their tax returns for 2009 through 2012 to hide their Louisiana affordable housing assistance company’s 50% ownership of a similar business, the U.S. Tax Court ruled Monday. by usoftax_admin | Jan 8, 2024 | Tax News
European Union law ensuring the free movement of capital requires a Spanish province to refund Credit Suisse Securities €276,400 ($302,800) of withholding tax taken out of dividends paid to nonresidents, the bank told the European Court of Justice in a document... by usoftax_admin | Jan 8, 2024 | Tax News
Former National Rifle Association CEO Wayne LaPierre misused hundreds of millions of charitable dollars over decades and “suppressed the voice of anyone who questioned his leadership,” the Office of the New York State Attorney General argued on the first... by usoftax_admin | Jan 8, 2024 | Tax News
A Los Angeles venture capitalist sentenced to 12 years in prison for falsifying records to hide his work lobbying federal officials as a foreign agent urged the Ninth Circuit on Monday to set aside his guilty plea, saying his attorney didn’t disclose that... by usoftax_admin | Jan 8, 2024 | Tax News
The District of Columbia would eliminate a cluster of business taxes and replace them with a $275 million, broad-based business activity tax under a draft recommendation considered Monday by the district’s Tax Revision Commission but opposed by some...