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This week in tax: PwC announces strategic AI alliance to boost client service

by usoftax_admin | Oct 20, 2023 | Tax News

The ‘big four’ accountancy firm partners with AI systems to augment a range of professional services, while Malaysia introduces a new capital gains tax

NY AG Says Docs Missing In Trump Trial; Sidebar Row Ensues

by usoftax_admin | Oct 19, 2023 | Tax News

New York Attorney General Letitia James on Thursday said Donald Trump and others likely failed to turn over evidence in their civil fraud trial, in light of a report claiming a Trump Organization executive lied on the witness stand, a dispute that led to an...

NRA Tells Justices AG’s Probe Basis Needs More Inquiry

by usoftax_admin | Oct 19, 2023 | Tax News

A National Rifle Association lawyer was grilled by a New York appeals panel Thursday about how much cause state Attorney General Letitia James needed to open an investigation the organization argues was illegitimate, saying a lower court “cut off that...

Swiss Get Improved Marks In Fight Against Financial Crime

by usoftax_admin | Oct 19, 2023 | Tax News

Switzerland has improved its efforts to battle money laundering and the financing of terrorism since a 2020 report but remains deficient in some areas, the Financial Action Task Force, a global organization promoting standards for countries to fight those crimes, said...

Ireland’s Proposed Min. Tax To Have Extra Safe Harbor

by usoftax_admin | Oct 19, 2023 | Tax News

The Irish government released its proposal to implement the 15% global minimum tax on large multinational corporations Thursday, including in the proposal an extra safe harbor for qualified top-up taxes from the plan’s other components that the OECD introduced...

‘As if they were never filed’: IRS outlines steps to withdraw ERC claims

by usoftax_admin | Oct 19, 2023 | Tax News

The withdrawal program is one step that the IRS is taking to help small businesses that may have filed an ineligible claim while also cracking down on unscrupulous promoters.
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