by usoftax_admin | Oct 3, 2023 | Tax News
The federal government can foreclose a property owned by a man convicted of tax evasion to cover his more than $1.8 million in tax liabilities, a California federal judge ruled Monday. by usoftax_admin | Oct 3, 2023 | Tax News
A government watchdog that sued the Internal Revenue Service to get emails from political appointees referencing two former FBI leaders has agreed to drop its suit, according to a filing Tuesday in a D.C. federal court. by usoftax_admin | Oct 3, 2023 | Tax News
A certified public accountant is liable for an accuracy-related penalty because he failed to substantiate numerous business-related expenses, the U.S. Tax Court ruled Tuesday. by usoftax_admin | Oct 3, 2023 | Tax News
The U.S. Treasury Department should extend the comment period for the first-ever proposed rules for digital asset transactions to give the industry more time to thoughtfully address issues and questions raised in the sweeping proposal, a pair of trade groups... by usoftax_admin | Oct 3, 2023 | Tax News
A Walmart subsidiary has asked the Missouri Supreme Court to incorrectly adopt a “novel test” that would grant it an $8 million use tax exemption for information technology products it purchased and sold to Walmart and Sam’s Club stores, the state... by usoftax_admin | Oct 3, 2023 | Tax News
Fifth Circuit judges were skeptical Tuesday of claims by a construction firm’s shareholders that a lower court wrongly rejected their research tax credits, as in oral arguments the judges questioned whether the shareholders had made their case strongly...