by usoftax_admin | Jan 15, 2025 | Tax News
The special counsel who oversaw the investigation into Hunter Biden, which was wiped out by a presidential pardon, released a report published Monday criticizing President Joe Biden’s “baseless accusations” that his son was “selectively”... by usoftax_admin | Jan 15, 2025 | Tax News
Prosecutors and defense attorneys spent hours in a marathon hearing Monday trying to convince a Pennsylvania judge of how much financial damage they thought the principals of the Par Funding merchant lending business did by allegedly fleecing investors, with the... by usoftax_admin | Jan 14, 2025 | Tax News
Energy company and life insurance groups have proposed industry-specific adjustments to the U.S. corporate alternative minimum tax regulations, while the New York State Bar Association and KPMG advocate for simpler accounting methods to assess compliance, according to... by usoftax_admin | Jan 14, 2025 | Tax News
The final regulations, posted by the IRS on Tuesday in the Federal Register, identify certain microcaptive transactions as reportable listed transactions or transactions of interest. by usoftax_admin | Jan 14, 2025 | Tax News
The 2017 tax law’s expiring provisions, including the opportunity zone tax incentives, credit for advanced manufacturing and child tax credit expansion, must be made permanent as soon as possible, House Ways and Means Committee Chairman Jason Smith said... by usoftax_admin | Jan 14, 2025 | Tax News
New York state would cut $1 billion in taxes for some families making up to $323,000 annually, refund surplus sales tax revenue to residents making less than $300,000 per year and expand the child tax credit under a plan outlined Tuesday by Gov. Kathy...