by usoftax_admin | Oct 18, 2023 | Tax News
Refunds paid under Colorado’s Taxpayer Bill of Rights should not be subject to federal income taxes, members of Colorado’s congressional delegation told the Internal Revenue Service in response to recent proposed guidance. by usoftax_admin | Oct 18, 2023 | Tax News
Microsoft should explain to the U.S. Congress and the public its tax position after recent news that the company faces a $28.9 billion tax bill from the IRS that it plans to contest, according to a letter published Wednesday by Sen. Elizabeth Warren, D-Mass. by usoftax_admin | Oct 18, 2023 | Tax News
Segment rates for calculating pension plan funding rose in October, the Internal Revenue Service said Wednesday. by usoftax_admin | Oct 18, 2023 | Tax News
A Florida-based tax law firm is facing a proposed class action in Wisconsin federal court alleging that it solicited fees for work it never performed and misled clients about its ability to do business in the state. by usoftax_admin | Oct 18, 2023 | Tax News
The figure used to calculate fees imposed on certain health insurance policy issuers and on the sponsors of self-insured health plans will jump to $3.22 for the next year, the Internal Revenue Service announced Wednesday. by usoftax_admin | Oct 18, 2023 | Tax News
Six companies that collectively owed more than $380 million in tax liabilities stemming from their participation in a tax avoidance scheme were wrongly denied the opportunity to verify that their penalties were properly approved by the IRS, the companies told the...