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Chicago Pol Faces Trial Over Allegedly Extorted Legal Work

by usoftax_admin | Nov 3, 2023 | Tax News

The trial of one of Chicago’s longest serving and most powerful local politicians, former Alderman Edward Burke, is set to kick off in Illinois federal court on Monday.

Eric Trump Denies Father Directed $2M Weisselberg Exit Deal

by usoftax_admin | Nov 3, 2023 | Tax News

Eric Trump told a New York state judge Friday that Donald Trump was not involved in a deal to pay millions of dollars to Allen Weisselberg, former chief financial officer of the Trump Organization, in exchange for his vow not to disparage the Trumps or voluntarily...

Argentina Import Tax Increased 580% Over Prior Year In Oct.

by usoftax_admin | Nov 3, 2023 | Tax News

Argentina’s July expansion of a value-added tax on most imports led to a 580% increase in the amount it collected in October — 235 billion Argentine pesos ($671.6 million) — compared with last year, the country’s federal tax agency announced. 

Irish Pub Chain’s Ex-CFO Inks Plea Deal Over $1M Tax Fraud

by usoftax_admin | Nov 3, 2023 | Tax News

The former chief financial officer of a pub chain with more than a dozen Irish-themed restaurants pled guilty to wire fraud Friday after federal prosecutors accused him of defrauding eight states of $1 million in sales taxes, according to an Ohio federal court.

The Tax Angle: AI Enforcement, Clergy Retirements

by usoftax_admin | Nov 3, 2023 | Tax News

From a look at congressional scrutiny of the use of artificial intelligence to collect federal taxes to a bill that would allow clergy members to contribute to Social Security, here’s a peek into a reporter’s notebook on a few of the week’s...

Cannabis Investor Urges Industry To ‘Pray For Rescheduling’

by usoftax_admin | Nov 3, 2023 | Tax News

The president of a cannabis financial advisory firm said at a conference Friday that a potential move to redesignate cannabis to a less restrictive tier under federal law would boost the value of any cannabis company and would be a much-needed salve for an industry...
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