by usoftax_admin | Dec 8, 2023 | Tax News
From a look at possible December tax legislation that could revive research and development tax breaks to planned replacements for upcoming retirements from Congress’ two tax-writing committees, here’s a peek into a reporter’s notebook on a few of... by usoftax_admin | Dec 8, 2023 | Tax News
A D.C. Circuit panel appeared skeptical Friday of an expatriate attorney’s argument that the Internal Revenue Service shouldn’t have released his tax information in cases where he was challenging regulations under the Tax Cuts and Jobs Act. by usoftax_admin | Dec 8, 2023 | Tax News
A hospital dietitian filed false tax returns with fictitious withholdings to claim unwarranted refunds of $500,000 and then gave the Internal Revenue Service a fake check for $1 million, according to her conviction by a New York federal jury. by usoftax_admin | Dec 8, 2023 | Tax News
Several tax law experts expect a narrow ruling on the constitutionality of the one-time repatriation tax after the U.S. Supreme Court justices signaled they were cognizant of the tax code consequences a broad ruling could have. by usoftax_admin | Dec 8, 2023 | Tax News
The Internal Revenue Service will increase the contribution limit to flexible spending arrangements by $150 in 2024, the agency announced Friday. by usoftax_admin | Dec 8, 2023 | Tax News
The Internal Revenue Service’s Independent Office of Appeals will emphasize “modernization, employee engagement, and taxpayer service” in the new year, the office announced Friday.