by usoftax_admin | May 6, 2025 | Tax News
The Federal Circuit on Tuesday refused to revive an Ohio company’s patent that covers using Federal Aviation Administration data to determine “the taxability status of aircraft,” agreeing that it covered subject matter that isn’t... by usoftax_admin | May 6, 2025 | Tax News
A partnership told the Eleventh Circuit that the U.S. Tax Court erred in substantially reducing its claim to a $23 million conservation easement tax deduction, arguing the decision was tainted by error-riddled criteria used by the IRS to value the property. by usoftax_admin | May 6, 2025 | Tax News
Ukraine has remained resilient during the war with Russia, but changes to its tax regime, including reducing compliance burdens and working to narrow some exemptions and reduced rates, could help establish fiscal stability, the Organization for Economic Cooperation... by usoftax_admin | May 6, 2025 | Tax News
A European Commission tax subcommittee is considering ways to simplify the European Union’s various measures aimed at preventing corporate tax avoidance, the subcommittee said ahead of a public hearing on the topic next week. by usoftax_admin | May 6, 2025 | Tax News
A civilian contractor for the U.S. Air Force cannot deduct her moving expenses because she is not considered a member of the military for purposes of the deduction, the U.S. Tax Court said in a bench opinion released Tuesday. by usoftax_admin | May 6, 2025 | Tax News
Actor Jon Voight, whom President Donald Trump tapped as an adviser on the Hollywood film industry, told Trump that tax incentives, international treaties and limited tariffs could revitalize production, while California Gov. Gavin Newsom separately floated a $7.5...