by usoftax_admin | Sep 6, 2023 | Tax News
The Internal Revenue Service should provide more guidance on conservation easements for historic buildings to make the preservation tool more easily accessible for communities, according to a letter released by a bipartisan group of House tax writers Wednesday. by usoftax_admin | Sep 6, 2023 | Tax News
A Florida federal court refused Wednesday to dismiss more than $20.9 million in offshore account penalties against the estate of a Texaco heiress, rejecting arguments that the penalties were penal and terminated with her death. by usoftax_admin | Sep 6, 2023 | Tax News
A New York state judge on Wednesday refused to sign off on a request by Donald Trump, his namesake organization and his children to delay trial in Attorney General Letitia James’s $250 million tax fraud suit, writing in the defense’s proposed order at the... by usoftax_admin | Sep 6, 2023 | Tax News
Blank Rome LLP has added a former Morgan Lewis & Bockius LLP senior attorney in its recently opened Dallas office, strengthening its tax, benefits and private client group with an attorney who specializes in employee stock ownership plans. by usoftax_admin | Sep 6, 2023 | Tax News
The Financial Crimes Enforcement Network’s recent notice advising U.S. financial institutions to report payroll tax evasion and workers’ compensation schemes in the construction industry suggests a growing interest in tax enforcement and IRS collaboration, as... by usoftax_admin | Sep 6, 2023 | Tax News
The 11th Circuit blocked a partnership’s effort to appeal a ruling that it owes $26 million to the Internal Revenue Service, finding that the appellate body lacks jurisdiction and that the taxpayer can seek a remedy in the U.S. Tax Court.