by usoftax_admin | May 6, 2025 | Tax News
Under the Internal Revenue Service’s new digital asset reporting regulation, each type of asset may have three potential reporting destinations, so a detailed testing framework can help to determine the appropriate path, says Keval Sonecha at Sonecha &... by usoftax_admin | May 5, 2025 | Tax News
Credit Suisse Services AG has agreed to shell out more than $510 million under agreements with federal prosecutors in which the company admitted to helping customers hide more than $4 billion from the IRS in hundreds of offshore accounts, the U.S. Department of... by usoftax_admin | May 5, 2025 | Tax News
The federal government is urging a California federal court not to pause a ruling affirming the Bureau of Alcohol, Tobacco, Firearms and Explosives’ decision to place a native tribe on a noncompliance list over cigarette sales, saying the tribe shouldn’t... by usoftax_admin | May 5, 2025 | Tax News
A California resident who had been denied a claim for a refund because he filed his taxes too late can have the refund because the state granted additional time after severe winter storms, the Office of Tax Appeals said in an opinion released Monday. by usoftax_admin | May 5, 2025 | Tax News
President Donald Trump asked his administration to place a 100% tariff on foreign-made movies, with a spokesperson telling Law360 on Monday that a final decision on the plan hadn’t been made. by usoftax_admin | May 5, 2025 | Tax News
The Mille Lacs Band of Ojibwe has asked a Minnesota federal judge to let it file a friend of the court brief in a county’s case claiming the U.S. government wrongly accepted more than 3,000 acres of land into trust for the tribe.