by usoftax_admin | Mar 10, 2025 | Tax News
The Trump administration on Monday urged U.S. District Judge William Alsup to vacate an upcoming evidentiary hearing into the U.S. Office of Personnel Management’s mass firings of probationary federal employees, while unions suing over the layoffs alleged the... by usoftax_admin | Mar 10, 2025 | Tax News
The unpredictability of President Donald Trump’s tariff maneuvers is challenging energy companies’ ability to comply with fluctuating mandates and making tariff violations more likely. by usoftax_admin | Mar 10, 2025 | Tax News
A possible cut in half of the number of Internal Revenue Service employees, floated by President Donald Trump’s administration, could profoundly affect state tax administration, particularly if states become more responsible for auditing federal taxable income,... by usoftax_admin | Mar 10, 2025 | Tax News
While European Union members’ collective tax revenue was up nearly 5% to more than €6.7 trillion ($7.3 trillion) in 2023, tax revenue as a share of gross domestic product in the bloc was the lowest it has been since 2011 thanks to inflation, a news release said... by usoftax_admin | Mar 10, 2025 | Tax News
A Colombian-American businesswoman and former Credit Suisse client pled guilty Monday in Florida federal court to conspiring with family members to hide more than $90 million in assets from the IRS through a series of foreign bank accounts. by usoftax_admin | Mar 10, 2025 | Tax News
The U.S. government sued the Federal Deposit Insurance Corp. in D.C. federal court as receiver for the failed First Republic Bank, alleging the bank understated its withholding tax for U.S.-sourced income of foreigners and now owes almost $2 million to the federal...