by usoftax_admin | Dec 7, 2023 | Tax News
A pair of bills introduced in Congress on Thursday would create a tax credit to encourage the development of affordable housing. by usoftax_admin | Dec 7, 2023 | Tax News
In light of the U.S. Tax Court’s recent Soroban Capital Partners decision hinging on “as such” to define the statutory limited partners exemption, state law limited partnerships should consider partners’ roles and responsibilities before determining... by usoftax_admin | Dec 7, 2023 | Tax News
A report based on the views of influential indirect tax professionals provides valuable insights into how tax teams are balancing the desire for global expansion with compliance requirements, says Peter Boerhof of Vertex by usoftax_admin | Dec 7, 2023 | Tax News
Committee leaders in the House and Senate unveiled draft legislation making technical corrections to a sweeping retirement policy overhaul Congress passed in December 2022, expanding access to and incentives for employer-sponsored retirement plans, with the bill... by usoftax_admin | Dec 7, 2023 | Tax News
A businessman who persuaded the U.S. Tax Court to declare the IRS powerless to unilaterally collect foreign-business reporting penalties asked the D.C. Circuit to let the decision stand, saying the agency is trying to regain its authority through an inapplicable part... by usoftax_admin | Dec 7, 2023 | Tax News
The Internal Revenue Service released discount factors Thursday for 2023 and earlier accident years for insurance companies to use to calculate unpaid losses.