by usoftax_admin | Mar 3, 2025 | Tax News
The recent sentencing of a man who failed to properly report capital gains from bitcoin sales is a reminder that special attention must be given to the IRS’ reporting requirements in order to stay out of the government’s crosshairs, says Saverio Romeo at... by usoftax_admin | Mar 3, 2025 | Tax News
A Texas man wrongly claimed a tax deduction from a property damaged in 2017 by Hurricane Harvey that was actually owned by his adult children, the U.S. Tax Court ruled Monday, upholding an IRS determination that rejected his $49,500 loss deduction. by usoftax_admin | Mar 3, 2025 | Tax News
Rabie Morsy and Karim Adel of Saleh, Barsoum & Abdel Aziz – Grant Thornton Egypt summarise three laws designed to facilitate the growth of SMEs and business as a whole through simplified tax procedures and incentives by usoftax_admin | Mar 3, 2025 | Tax News
If finalized, a recent Internal Revenue Service proposal expanding Section 162(m) of the Internal Revenue Code to include the highly compensated employees of affiliates would make tracking which executives may be subject to the limit from year to year far more... by usoftax_admin | Mar 3, 2025 | Tax News
Attorneys are often focused on being seen as the expert, but bonding with clients and prospects by sharing a few key personal details provides the basis for a caring, trusted and profoundly deeper business relationship, says Deb Feder at Feder Development. by usoftax_admin | Mar 3, 2025 | Tax News
The U.S. Treasury Department won’t enforce the Corporate Transparency Act on U.S. businesses and will change regulations so it only applies to foreign companies registered stateside, according to an announcement that activists said invites criminals into the...