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11th Circ. Backs Frivolous Argument Ruling Against Teacher

by usoftax_admin | May 7, 2025 | Tax News

A Georgia high school teacher who claimed that he didn’t have to pay taxes on his salary and that income taxes are unconstitutional must pay $25,000 in court sanctions under an Eleventh Circuit ruling affirming a U.S. Tax Court decision.

Don’t Scrap US-China Tax Treaty, Biz Groups Tell Treasury

by usoftax_admin | May 7, 2025 | Tax News

Business lobbying groups have urged the U.S. Treasury Department to reject the White House’s plans to scrutinize the U.S.-China tax treaty, warning that scrapping the accord would lead to higher Chinese taxes on U.S. companies.

NY Eyes Injunction Against Feds In Congestion Price Fight

by usoftax_admin | May 7, 2025 | Tax News

New York transportation agencies have asked a federal judge to block the U.S. Department of Transportation from following through on its threat to withhold federal funding for Manhattan roadway projects if the Empire State doesn’t halt congestion pricing.

Feds Seek 13 Years In Avenatti’s California Resentencing

by usoftax_admin | May 7, 2025 | Tax News

California federal prosecutors asked a judge Wednesday to sentence Michael Avenatti to 160 months in prison for tax fraud and stealing from clients, to be served atop the five-year term imposed in a pair of New York cases where Avenatti was convicted of trying to...

Mo. Lawmakers OK Capital Gains, Sales Tax Exemptions

by usoftax_admin | May 7, 2025 | Tax News

Missouri would create a capital gains tax exemption, as well as sales tax exemptions for broadband equipment, diapers and feminine hygiene products, under a bill the state House gave final legislative approval to Wednesday.

6th Circ. Skeptical Of US In Tax Court Deadline Case

by usoftax_admin | May 7, 2025 | Tax News

Sixth Circuit judges expressed skepticism of the U.S. government’s claim that the 90-day deadline to petition the U.S. Tax Court is inflexible, with one judge saying during oral arguments Wednesday in a woman’s case challenging the rule that the U.S....
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