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McDermott Hires Skadden Partner To Lead London Tax Office

by usoftax_admin | Mar 24, 2025 | Tax News

McDermott Will & Emery LLP announced Monday that it has chosen a former Skadden Arps Slate Meagher & Flom LLP partner to serve as the new leader of the firm’s U.K. tax office in London.

Burden Of Proof Is IRS’ For $2.3M Bill, Kyocera Tells Tax Court

by usoftax_admin | Mar 24, 2025 | Tax News

The Internal Revenue Service should bear the burden of proof in making adjustments to an amended return filed by electronics-maker Kyocera, the company argued as it urged the U.S. Tax Court to review an IRS notice saying the company owes $2.3 million for 2018.

Trump Asks High Court To Halt Fed. Workers’ Reinstatement

by usoftax_admin | Mar 24, 2025 | Tax News

The Trump administration asked the U.S. Supreme Court on Monday to pause a California federal court order reinstating tens of thousands of probationary federal workers who were fired from six agencies, arguing the band of nonprofit groups that obtained the order have...

Comparable Homes Don’t Lower Mass. Property’s $430K Value

by usoftax_admin | Mar 24, 2025 | Tax News

A Massachusetts home will remain valued at $429,500, a state tax panel said in a decision released Monday, rejecting the owner’s arguments that the home valuation grew at a higher rate than that of comparable properties.

Va. Revenue Collection Through Feb. Climbs $1.2B

by usoftax_admin | Mar 24, 2025 | Tax News

Virginia’s total general revenue from July through February outpaced collections made during the same period last year by $1.2 billion, according to a report released by the state’s secretary of finance.

Ark. Bill Would Require E-Filing Of Some Corp. Tax Returns

by usoftax_admin | Mar 24, 2025 | Tax News

Arkansas would require that certain corporate income taxpayers file state returns electronically under a bill introduced in the state Senate on Monday.
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