by usoftax_admin | Oct 16, 2023 | Tax News
Applicable federal rates for income tax purposes will rise in November, the Internal Revenue Service said Monday. by usoftax_admin | Oct 16, 2023 | Tax News
The 87-month prison sentence of a former Georgia insurance commissioner convicted of embezzling more than $2 million from an employer was reduced Monday by nine months as a federal judge nevertheless refused to take into account the disgraced ex-official’s good... by usoftax_admin | Oct 16, 2023 | Tax News
The profit reallocation plan known as Amount A under the first pillar of the Organization for Economic Cooperation and Development’s global tax overhaul won’t be ready to implement until next year, U.S. Treasury Secretary Janet Yellen said Monday. by usoftax_admin | Oct 16, 2023 | Tax News
An investment banker from New York who pled guilty to tax evasion admitted to hiding more than $5.1 million in income from the Internal Revenue Service by disguising his U.S. citizenship with the help of a Swiss bank, according to the U.S. Department of Justice. by usoftax_admin | Oct 16, 2023 | Tax News
The Internal Revenue Service said Monday that it will again postpone various tax deadlines for California taxpayers affected by last winter’s storms. by usoftax_admin | Oct 16, 2023 | Tax News
A New Hampshire man urged the First Circuit to revive his suit against the Internal Revenue Service, claiming the agency illegally seized his private financial records from cryptocurrency trading platform Coinbase with no legal justification.