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Businesses must e-file Form 8300 for $10,000+ cash payments in 2024

by usoftax_admin | Aug 31, 2023 | Tax News

The new e-filing requirement, beginning in 2024, applies to businesses mandated to e-file certain other information returns, such as Forms 1099 series and Forms W-2.

Prevailing wage and apprenticeship requirements guidance issued

by usoftax_admin | Aug 30, 2023 | Tax News

The IRS issued proposed regulations related to the increased tax credit or deduction amounts for clean energy facilities and projects if taxpayers satisfy certain prevailing wage and registered apprenticeship requirements.

China cuts tax on stock trading for first time in 15 years

by usoftax_admin | Aug 29, 2023 | Tax News

The Chinese government cuts stamp duty to boost investor confidence as the country faces a real estate crisis and an economic slowdown.

Two-year reprieve granted from Roth catch-up requirement

by usoftax_admin | Aug 28, 2023 | Tax News

Employees who participate in a Sec. 401(k) or similar retirement plan and whose prior-year Social Security wages were over $145,000 have been given a two-year reprieve from the new requirement that any catch-up contributions they make to the plan must be designated as...

Prop. regs. require brokers to report digital asset sales and exchanges

by usoftax_admin | Aug 28, 2023 | Tax News

Long-awaited proposed regulations, part of a broader effort by Treasury to close the tax gap and address tax evasion risks posed by digital assets, require brokers to report sales and exchanges of digital assets by customers.

Harbour Energy expands UK operations despite windfall tax

by usoftax_admin | Aug 28, 2023 | Tax News

Oil producer Harbour Energy has long been critical of the UK Energy Profits Levy.
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Sey Tax Group
Sey Tax Ltd
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Ireland D02 P2N6

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