by usoftax_admin | Oct 23, 2023 | Tax News
Sixteen states and Washington, D.C., told the U.S. Supreme Court on Monday that the one-time mandatory repatriation tax passed in the 2017 Tax Cuts and Jobs Act was a necessary provision for the law’s international tax overhaul and should be found... by usoftax_admin | Oct 23, 2023 | Tax News
A Texas couple who failed to disclose more than $300,000 in gross income are liable for an accuracy-related penalty, the U.S. Tax Court ruled Monday. by usoftax_admin | Oct 23, 2023 | Tax News
The U.S. Tax Court on Monday rejected a former lawyer’s request that the Internal Revenue Service turn over documents from a grand jury investigation into him. by usoftax_admin | Oct 23, 2023 | Tax News
A Michigan anesthesiologist challenging a nearly $1 million judgment for failing to report his foreign assets must transfer enough money to cover the bill from an overseas bank while his appeal is pending, according to a decision Monday by a federal judge. by usoftax_admin | Oct 23, 2023 | Tax News
The murder trials in Netflix’s “The Lincoln Lawyer” illustrate the stark contrast between the ethical high ground that fosters and maintains the criminal justice system’s integrity, and the ethical abyss that can undermine it, with an important reminder for all... by usoftax_admin | Oct 23, 2023 | Tax News
An Oregon federal magistrate judge recommended Monday that judgment of more than $3.2 million be entered against a subcontractor after he failed to report partnership income from the company he operated with his ex-wife.