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Ill. Tax Pro Gets 5½ Years For $1.1M IRS Payment Scheme

by usoftax_admin | Feb 26, 2025 | Tax News

A suburban Chicago tax professional who admitted he made $1.1 million by lying to clients about paying their tax liabilities and is already serving six years for carrying out a separate investment scheme must serve an additional 5½ years in prison for his conduct, an...

Trump Orders Fed Agencies To Plan For Large Layoffs

by usoftax_admin | Feb 26, 2025 | Tax News

The White House is telling federal agencies to submit plans for “large-scale” layoffs by mid-March, accusing them of siphoning funding for “unproductive and unnecessary programs” and “not producing results for the American...

Mich. Judge Demands RICO Pattern Details In Foreclosure Suit

by usoftax_admin | Feb 26, 2025 | Tax News

A Michigan federal judge on Wednesday pressed attorneys for homeowners to point to specific criminal activities that would help the proposed class establish a pattern of racketeering activity to support their claim that a real estate developer conspired with county...

Religious Group Says NJ Township Using Tax Deal As ‘Sword’

by usoftax_admin | Feb 26, 2025 | Tax News

A New Jersey township is discriminating against a religious group because the group no longer wants to make payments on a previous tax agreement, the group told a federal district court.

Hookah Tobacco Co. Stuck With $1.4M Fla. Tax Bill

by usoftax_admin | Feb 26, 2025 | Tax News

A company’s tobacco products for use in hookahs are subject to Florida’s tobacco taxes, a state appeals court ruled Wednesday, affirming an administrative law judge’s determination that denied a $1.4 million tax refund request from the...

Police Supply Store, Others Ask 5th Circ. To Keep CTA Paused

by usoftax_admin | Feb 26, 2025 | Tax News

A Texas police supply store joined with Mississippi libertarians and several other parties asking the Fifth Circuit to keep the Corporate Transparency Act on hold, saying ending the stoppage of that law could force 32 million business entities to file beneficial...
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