by usoftax_admin | Sep 5, 2023 | Tax News
The Alabama Department of Revenue has proposed new rules as it prepares to implement a new law to exempt overtime wages from state income tax starting in 2024, according to filings. by usoftax_admin | Sep 5, 2023 | Tax News
Donald Trump, the Trump Organization, his children and their attorneys should be sanctioned in state court for repeatedly lodging the exact same, already-rejected arguments to thwart New York’s $250 million tax fraud lawsuit against them, the state’s... by usoftax_admin | Sep 5, 2023 | Tax News
The Eighth Circuit should revoke an $11.5 million tax refund for the Mayo Clinic because it runs a major operation providing health care to patients, disqualifying it from a tax exemption for unrelated business income meant for educational institutions, the government... by usoftax_admin | Sep 5, 2023 | Tax News
The Internal Revenue Service lacked documentation to prove compliance with procedures for informing taxpayers of their rights in more than 13% of files included in an audit, the Treasury Inspector General for Tax Administration said in a report published... by usoftax_admin | Sep 5, 2023 | Tax News
The Internal Revenue Service ought to take advantage of the expertise of the agency’s Large Business and International Division when training revenue agents that focus on high-income taxpayers, the Treasury Inspector General for Tax Administration said in a... by usoftax_admin | Sep 5, 2023 | Tax News
This series of frequently asked questions (FAQs) provide guidelines for tax practitioners to consider when preparing a written document retention policy for their firm.