by usoftax_admin | Nov 9, 2023 | Tax News
Special counsel David Weiss told the House Judiciary Committee on Tuesday that he is the “decision-maker” in the ongoing investigation of Hunter Biden and that no one in the U.S. Department of Justice has “blocked” him from pursuing the... by usoftax_admin | Nov 8, 2023 | Tax News
The Washington state Supreme Court will hear an appeal of a lower court’s ruling that many investment funds aren’t eligible for a state business and occupation tax deduction on investment income because those investments weren’t incidental to their... by usoftax_admin | Nov 8, 2023 | Tax News
Treasury’s Financial Crimes Enforcement Network (FinCEN) made changes to its beneficial ownership information reporting rule in response to comments to a proposed rule. by usoftax_admin | Nov 8, 2023 | Tax News
Donald Trump’s eldest daughter took the stand Wednesday in the New York attorney general’s civil fraud trial against her family’s real estate business, distancing herself from her father’s financial statements and later extolling the success of... by usoftax_admin | Nov 8, 2023 | Tax News
Liberty Global Inc. owes taxes on its $2.8 billion gain from selling shares in a Japanese business, the U.S. Tax Court found Wednesday, rejecting the Colorado telecommunications company’s argument that an Internal Revenue Code section providing a deduction for... by usoftax_admin | Nov 8, 2023 | Tax News
A Connecticut woman who lost her job at IBM during the Great Recession in 2009 is not entitled to deductions for employee and business-related expenses during the two years she searched for a new job, the U.S. Tax Court ruled in a bench opinion released...