by usoftax_admin | Oct 16, 2023 | Tax News
Proposed rules regarding the stock buyback tax are far along in the regulatory clearance process and should be released in the near future, a U.S. Department of the Treasury official said Monday. by usoftax_admin | Oct 16, 2023 | Tax News
The Internal Revenue Service is on schedule to open an online portal this fall for entities to register their clean energy projects that would facilitate a direct payment or sale of tax credits earned from those development projects, an official with the U.S.... by usoftax_admin | Oct 16, 2023 | Tax News
A Muscogee (Creek) Nation citizen challenging a denial for tax-exempt status — a challenge that drew the ire of Oklahoma Gov. Kevin Stitt — will be heard en banc by the state’s Supreme Court on Jan. 17, with the case itself expected by tribal nations to have... by usoftax_admin | Oct 16, 2023 | Tax News
A whistleblower’s $18 million reward for helping the IRS catch taxpayers involved in a dividend tax withholding scheme is reasonable, the U.S. Tax Court decided Monday, turning down the whistleblower’s call for a larger amount. by usoftax_admin | Oct 16, 2023 | Tax News
Target and Walmart stores in Florida violated state law by charging sales tax on American flags, a woman said Monday in a Florida federal court filing. by usoftax_admin | Oct 16, 2023 | Tax News
Amid rising burnout in the legal industry and client efforts to curtail spending, pivoting to a fixed-fee billing model may improve client-attorney relationships and offer lawyers financial, logistical and stress relief — while still maintaining profit margins, say...