by usoftax_admin | Jan 22, 2025 | Tax News
In-house teams who want a balance of internal control and external expertise for pillar two should seriously consider co-sourcing models, Russell Gammon of Tax Systems argues by usoftax_admin | Jan 21, 2025 | Tax News
New York would push back the annual election date for entity-level taxes and draw from the Multistate Tax Commission’s model for allowing partnerships to file state tax adjustments stemming from federal partnership audit changes under a budget plan Gov. Kathy... by usoftax_admin | Jan 21, 2025 | Tax News
HM Revenue & Customs is failing to deliver a good service to taxpayers, with its standards sliding even lower last tax year compared with the prior year, the U.K. Parliament’s Public Accounts Committee said in a report published Tuesday. by usoftax_admin | Jan 21, 2025 | Tax News
The U.S. Tax Court reduced a partnership’s claimed $33 million tax deduction for a donation of a Georgia conservation easement Tuesday, saying the easement was only worth $4.7 million, partly because the partnership overestimated its development potential in a... by usoftax_admin | Jan 21, 2025 | Tax News
The city of Detroit approved a settlement Tuesday in the Michigan Tax Tribunal in a long-running tax assessment dispute stemming from a holding company’s gain from selling stock in a Canadian tobacco testing company. by usoftax_admin | Jan 21, 2025 | Tax News
The Internal Revenue Service office in charge of a program that provides assistance to low-income people dealing with tax disputes can’t access information that would allow it to make sure grant recipients meet requirements, potentially harming the...