by usoftax_admin | May 12, 2025 | Tax News
The U.S. Tax Court found Monday that a tax lawyer who was admitted to practice before the court had advanced four frivolous arguments contesting the authority of the IRS, upholding over $1 million in deficiencies and other additions to tax. by usoftax_admin | May 12, 2025 | Tax News
A stationery company challenging President Donald Trump’s global tariffs has received support from former U.S. senators and retired federal judges who told a Florida federal court that the power to impose trade measures remains squarely with Congress. by usoftax_admin | May 12, 2025 | Tax News
A man who didn’t immediately notify the IRS that he moved missed his chance to dispute a tax bill the agency sent to his former home, the U.S. Tax Court ruled Monday, saying he failed to show he should’ve been given extra time to bring his case. by usoftax_admin | May 12, 2025 | Tax News
The Internal Revenue Service’s interest rates for overpayments and underpayments of tax will remain the same in the quarter starting in July, the agency said Thursday. by usoftax_admin | May 12, 2025 | Tax News
Eaton Corp. may withhold performance evaluations for three foreign employees from the IRS’ investigation of Eaton’s sale of intellectual property to an Irish affiliate, an Ohio federal judge decided Monday, saying the records are not important enough to... by usoftax_admin | May 12, 2025 | Tax News
A mortgage company can deduct nearly $7 million in corporate income for 2014, the U.S. Tax Court ruled Monday, affirming adjustments made to correct accounting errors tied to its warehouse-lending business.