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Woman Declines To Challenge Tax Liabilities, Tax Court Says

by usoftax_admin | Nov 28, 2023 | Tax News

A Missouri woman is liable for nearly $5,000 in unpaid income taxes after declining to challenge them, the U.S. Tax Court ruled Tuesday.

Florida Company Settles To Get $1.1M Tax Refund

by usoftax_admin | Nov 28, 2023 | Tax News

The U.S. government agreed to a settlement Tuesday with a Florida political consulting company that argued it was owed a tax refund of more than $1.1 million for 2020 because it had elected to be an S corporation.

NY Woman Found Liable After Conceding Unreported Income

by usoftax_admin | Nov 28, 2023 | Tax News

The U.S. government may proceed with its plan to collect nearly $5,000 from a New York woman who failed to report all her taxable income, the U.S. Tax Court ruled Tuesday.

Feds Want No Prison Time For Ex-NY Atty Who Aided Oligarch

by usoftax_admin | Nov 28, 2023 | Tax News

The government asked a New York federal judge this week to allow a former real estate attorney, who admitted to participating in a money laundering scheme to help a Russian oligarch evade U.S. sanctions, to receive no prison time, despite the guidelines calling for 37...

Law Firm Leaders Cautiously Optimistic Heading Into 2024

by usoftax_admin | Nov 28, 2023 | Tax News

Major U.S. law firms are steadfast in their commitment to the pursuit of further growth despite ongoing economic uncertainty. Here’s what the leaders of four Leaderboard firms have to say about how the legal industry is preparing for next year.

The 2023 Law360 Pulse Leaderboard

by usoftax_admin | Nov 28, 2023 | Tax News

Check out the Law360 Pulse Leaderboard to see which first-in-class firms made the list this year.
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