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Applicable Federal Interest Rates Rise In October

by usoftax_admin | Oct 2, 2023 | Tax News

Applicable federal rates for income tax purposes rose for October, the Internal Revenue Service said Monday.

Justices Won’t Review IRS Summons On Indian Pol’s Niece

by usoftax_admin | Oct 2, 2023 | Tax News

The U.S. Supreme Court will not review a decision upholding an IRS summons issued on behalf of the Indian government for the bank records of the niece of a prominent Indian politician, according to an order list published Monday.

Justices Won’t Review Invalidation Of Ky. Utility Tax Law

by usoftax_admin | Oct 2, 2023 | Tax News

The U.S. Supreme Court on Monday refused to disturb a Sixth Circuit decision that found a Kentucky law unconstitutionally discriminates against out-of-state coal producers by requiring utility regulators to discount the state’s severance tax on coal when...

COVERAGE RECAP: Day 1 Of Trump’s NY Civil Fraud Trial

by usoftax_admin | Oct 2, 2023 | Tax News

Law360 will be providing live coverage from the courthouse as former president Donald Trump goes on trial in the New York Attorney General’s civil fraud case. Here’s a recap from day one.

This week in tax: PwC Australia ‘failed to take ATO seriously’

by usoftax_admin | Oct 1, 2023 | Tax News

PwC publishes detailed accounts of its behaviour in the tax scandal in Australia, while another tax trial looms for pop star Shakira.

Trump To Face NY AG As ‘Fraud’ At Trial, His Empire At Stake

by usoftax_admin | Sep 29, 2023 | Tax News

After three years of investigation, litigation and ceaseless appeals, the New York attorney general is set to bring former President Donald Trump to trial Monday as she seeks to put him out of the real estate business for good and claw back $250 million in allegedly...
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