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IRS Asks To Toss Abbott Labs’ FOIA Action For Tax Records

by usoftax_admin | Mar 4, 2025 | Tax News

Discovery limitations in a U.S. Tax Court case apply to documents related to an Internal Revenue Service investigation of Abbott Laboratories’ transfer policies and thus mean that Abbott can’t access them with a Freedom of Information Act request, the IRS...

‘Guardrails’ Needed In IRS Bid For Eaton Docs, 6th Circ. Told

by usoftax_admin | Mar 4, 2025 | Tax News

The IRS is seeking Eaton employee records that would violate European Union data protection laws, the power management multinational told the Sixth Circuit, arguing that an Ohio district court should accordingly only privately review the documents with “critical...

IRS Crypto Summons Broke Privacy Law, 5th Circ. Told

by usoftax_admin | Mar 4, 2025 | Tax News

The IRS failed to comply with privacy law in seeking a cryptocurrency executive’s third-party bank records, the executive told the Fifth Circuit, saying the agency never notified his attorney even though it was aware he was represented by counsel.

State of the market: assessing Brazil’s key tax advisory players

by usoftax_admin | Mar 4, 2025 | Tax News

As we build up to another busy year for the World Tax rankings and ITR Awards, we give a rundown of some of the major firms and trends within the Brazil tax market

Mich. Homeowners Denied Cert. In RICO Foreclosure Suit

by usoftax_admin | Mar 3, 2025 | Tax News

A Michigan federal judge followed a recent string of decisions denying class certification to homeowners who allege local governments profited from the sales of their tax-foreclosed property, rejecting Wayne County residents’ attempt to certify a class of people...

Transparency Law Flouts Biz Owners’ Privacy, Judge Says

by usoftax_admin | Mar 3, 2025 | Tax News

A Michigan federal judge on Monday ruled the Corporate Transparency Act’s beneficial ownership reporting requirements constitute an unreasonable intrusion into business owners’ privacy, shortly after the U.S. Department of the Treasury said it was...
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