by usoftax_admin | Oct 18, 2023 | Tax News
A New York state court employee who said she wanted to “assist” Donald Trump was arrested in the former president’s fraud trial Wednesday after approaching his defense table from the gallery and being stopped by court officers. by usoftax_admin | Oct 18, 2023 | Tax News
The pilot program for the 2024 filing season will let individuals file returns directly with the IRS, with strict limits on eligibility, covering only taxpayers with relatively simple returns. by usoftax_admin | Oct 18, 2023 | Tax News
The estate of actor James Caan, who played Sonny Corleone in “The Godfather,” owes income taxes on $1.5 million from a retirement account that was emptied early and then liquidated while being overseen by Caan’s advisers, the U.S. Tax Court ruled... by usoftax_admin | Oct 18, 2023 | Tax News
The U.S. Tax Court is expecting to see a rise in cases involving the centralized partnership audit regime, which took effect in 2018 following its enactment under a 2015 budget law, the court’s chief judge said Wednesday. by usoftax_admin | Oct 18, 2023 | Tax News
States that have nexus over a partnership should also be considered to have nexus over its partners, a Multistate Tax Commission attorney said Wednesday in proposing principles for a work group project seeking uniformity on state taxation of partnerships. by usoftax_admin | Oct 18, 2023 | Tax News
Wisconsin would update references to the Internal Revenue Code in state individual income and corporate tax law under a bill approved by state lawmakers.