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Offit Kurman’s Growing LA Office Adds Two Principals

by usoftax_admin | Sep 8, 2023 | Tax News

Offit Kurman Attorneys At Law is continuing to grow its recently launched Los Angeles office with this week’s addition of two veteran attorneys specializing in intellectual property and tax law.

US Wants To Block $75M TV Network Sale In Estate Tax Case

by usoftax_admin | Sep 8, 2023 | Tax News

A Michigan federal court should block a $75 million television network sale until the seller agrees to pay $18 million in unpaid taxes on his father’s estate, the U.S. government said Friday, saying the deal could strip the asset and leave the government...

Clean Energy Tax Rules Phase 2 To Focus On US Production

by usoftax_admin | Sep 8, 2023 | Tax News

The second round of rulemaking for the Inflation Reduction Act’s clean energy tax incentives will start this fall and will prioritize the publication of more guidance that aims to boost domestic manufacturing and national security, U.S. Department of the...

This week in tax: African leaders call for global carbon tax

by usoftax_admin | Sep 8, 2023 | Tax News

African governments issue the Nairobi Declaration ahead of COP28, while US businesses brace themselves for a higher minimum tax rate.

Being Outside US Doesn’t Change Deadlines, Tax Court Says

by usoftax_admin | Sep 7, 2023 | Tax News

Returning to the U.S. from Turkey on the day a notice of deficiency was sent does not grant two taxpayers a 150-day response window, the U.S. Tax Court ruled Thursday.

Calif. Construction Biz’s CFO Liable For Unpaid Tax, OTA Says

by usoftax_admin | Sep 7, 2023 | Tax News

A man is liable for almost $112,000 in unpaid sales taxes incurred by a California construction contracting business for which he served as chief financial officer before the business was terminated, the state’s Office of Tax Appeals ruled.
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