by usoftax_admin | Nov 2, 2023 | Tax News
Some of the largest mergers and acquisitions in 2023 were carve-out transactions, and despite their unique intricacies and challenges, these transactions offer both buyers and sellers the opportunity to generate outsized returns in an otherwise vigorously competitive... by usoftax_admin | Nov 2, 2023 | Tax News
Telecommunications company Liberty Global Inc. is not entitled to a tax refund of more than $109 million because the intercompany transactions underlying its claim were meant primarily to evade taxes, a Colorado federal judge ruled. by usoftax_admin | Nov 2, 2023 | Tax News
The IRS has improved its process for storing information from the audit trails that track user activity in its systems but needs to focus on certain areas for continued improvement, the Treasury Inspector General for Tax Administration said in a report published... by usoftax_admin | Nov 2, 2023 | Tax News
The IRS announced the inflation adjusted limits on benefits and contributions for various retirement accounts on Wednesday, including the maximum contribution amounts for 401(k) plans and IRAs. by usoftax_admin | Nov 2, 2023 | Tax News
The U.S. Tax Court’s pandemic-era rule that allows litigants to request subpoena hearings before trial has recently been praised by the chief judge for facilitating order, but some attorneys say the proceedings have grown unruly and need to be reined in. by usoftax_admin | Nov 2, 2023 | Tax News
The proposal will add to political disagreements over the international tax system, policy guru Adam Michel has argued