by usoftax_admin | Dec 6, 2023 | Tax News
The Internal Revenue Service said Wednesday that it was sending out more than 20,000 letters rejecting employee retention credit claims for entities that didn’t exist or didn’t pay workers during the eligibility period. by usoftax_admin | Dec 6, 2023 | Tax News
A development partnership has pushed back on a Texas magistrate judge’s recommendation that it pay PNC Bank $600,000 from a tax credit settlement agreement, arguing it delivered the full amount of tax credit funds owed in the affordable housing deal being... by usoftax_admin | Dec 6, 2023 | Tax News
The Internal Revenue Service is seeking nominations of people to join its electronic tax administration advisory committee, the agency announced Wednesday. by usoftax_admin | Dec 6, 2023 | Tax News
Mexico is advised to eliminate its zero-rating for VAT, Hong Kong cuts stamp duty, road tax rates fall across the OECD and G20, and more by usoftax_admin | Dec 5, 2023 | Tax News
A Florida real estate broker and member of Donald Trump’s Mar-a-Lago club took the stand Tuesday in New York state court to defend the former president’s valuation of the property, saying it was worth over $1 billion based on his billions in sales... by usoftax_admin | Dec 5, 2023 | Tax News
A Georgia federal judge gave preliminary approval Tuesday to a $5.1 million class action settlement between Geico and its policyholders over allegations the insurer undercompensated owners of totaled vehicles by miscalculating applicable tax under Georgia law.