by usoftax_admin | Sep 27, 2023 | Tax News
House Ways and Means Committee Republicans on Wednesday released documents provided by IRS whistleblowers that they said showed Hunter Biden channeled millions in foreign payments through subsidiaries and limited liability companies to avoid paying taxes. by usoftax_admin | Sep 27, 2023 | Tax News
A measure that would make it harder to raise taxes in California, already approved for the November 2024 ballot, represents an illegal attempt to revise the state constitution and must be stricken, Democratic Gov. Gavin Newsom and the state Legislature said in an... by usoftax_admin | Sep 27, 2023 | Tax News
Treasury and the Internal Revenue Service proposed rules Wednesday outlining steps for drug manufacturers to report that they owe an excise tax imposed on companies that refuse to negotiate with Medicare over drug prices. by usoftax_admin | Sep 27, 2023 | Tax News
A California man who used H&R Block to file his tax returns online accused the company in federal court Wednesday of scheming with Meta and Google to intercept his private data and illegally profit at his expense. by usoftax_admin | Sep 27, 2023 | Tax News
A Michigan House tax-writing committee approved legislation Wednesday that would authorize Detroit to hold a referendum on creating a land value tax system, advancing Mayor Mike Duggan’s plan to combat blight by raising taxes on vacant lots. by usoftax_admin | Sep 27, 2023 | Tax News
The Internal Revenue Service has taken actions to prevent future unauthorized disclosures of Forms 990-T, the Treasury Inspector General for Tax Administration said in a report published Wednesday.