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IRS Digital Tax Committee To Meet Jan. 10

by usoftax_admin | Dec 7, 2023 | Tax News

The Internal Revenue Service’s Electronic Tax Administration Advisory Committee has scheduled its next public meeting for Jan. 10, the agency said Thursday.

COVERAGE RECAP: Day 41 Of Trump’s NY Civil Fraud Trial

by usoftax_admin | Dec 7, 2023 | Tax News

Law360 reporters are providing live coverage from the courthouse as former President Donald Trump goes on trial in the New York attorney general’s civil fraud case. Here’s a recap from day 41.

Ex-Freshfields tax head ‘highly likely’ to be convicted in cum-ex case

by usoftax_admin | Dec 7, 2023 | Tax News

Ulf Johannemann, who has been on trial in Frankfurt since September, was the firm’s most senior tax partner until 2019

IRS sends ERC disallowance letters to 20K+ taxpayers

by usoftax_admin | Dec 6, 2023 | Tax News

The letters are part of the wide-ranging IRS campaign to curb abuse in the pandemic-era employee retention credit.

Ohio Senators Rewrite Voter-Approved Pot Legalization

by usoftax_admin | Dec 6, 2023 | Tax News

The Ohio State Senate spent Wednesday evening passing last-minute revisions to Ohio Issue 2, which legalized marijuana in the state, to decrease the amount an adult could possess while allowing some to be grown at home.

Feds Say No Reliable Proof For FTX’s $0 Tax Estimate

by usoftax_admin | Dec 6, 2023 | Tax News

The U.S. government shot back Wednesday at FTX’s request that a Delaware bankruptcy judge estimate its tax liability at zero, saying the bankrupt cryptocurrency exchange is asking the court to accept tax returns based on admittedly fraudulent records at...
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