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Treasury Touts Demand For Renewable Energy Credit Program

by usoftax_admin | Dec 4, 2023 | Tax News

An Inflation Reduction Act program promoting clean energy investments in low-income communities has received more than 46,000 applications for new solar and wind energy facilities, the U.S. Department of the Treasury and two other federal agencies said Monday.

PwC fined $7m over audit exam cheating

by usoftax_admin | Dec 4, 2023 | Tax News

More than 1,000 PwC staff in China and Hong Kong engaged in improper answer sharing, it is understood

TIGTA Calls For Timely Closure Of Disciplinary Cases

by usoftax_admin | Dec 4, 2023 | Tax News

The Internal Revenue Service must work to more quickly close the disciplinary reviews it undertakes when IRS employees get arrested, the Treasury Inspector General for Tax Administration said in a report published Monday.

Justices Call O’Connor ‘American Hero,’ ‘Perfect Trailblazer’

by usoftax_admin | Dec 1, 2023 | Tax News

Following news of retired U.S. Supreme Court Justice Sandra Day O’Connor’s death at the age of 93, current and former high court justices paid public homage to her trailblazing career, devotion to the rule of law and illuminating charisma.

Former Clerks Say Justice O’Connor Still Worth Emulating

by usoftax_admin | Dec 1, 2023 | Tax News

BigLaw attorneys mentored by former U.S. Supreme Court Justice Sandra Day O’Connor, who died Friday after a lengthy battle with dementia, say she’ll be remembered as an incisive jurist who always put facts and practical considerations above abstract...

Up Next At High Court: Purdue Pharma, Taxes & Job Transfers

by usoftax_admin | Dec 1, 2023 | Tax News

The U.S. Supreme Court returns Monday for the last argument session of the calendar year to consider whether bankruptcy courts have the authority to sign off on third-party liability releases in Chapter 11 plans, whether Congress can tax unrealized foreign gains, and...
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