by usoftax_admin | Jan 8, 2025 | Tax News
A healthcare consultant digitally altered documents to claim unwarranted deductions, including one for a three-day hospital stay the medical facility said never happened, according to a U.S. Tax Court ruling Wednesday that sustained $53,000 in taxes and fraud... by usoftax_admin | Jan 8, 2025 | Tax News
Continued delays in processing employee retention tax credit claims is the most serious problem facing the Internal Revenue Service, the national taxpayer advocate said Wednesday in her annual report to Congress, recommending that the agency lift its moratorium on... by usoftax_admin | Jan 8, 2025 | Tax News
The Swiss and U.S. competent authorities agreed to provide lower tax rates on dividends for several types of retirement entities such as trusts that run pensions, qualified annuity plans and individual plans under the two countries’ tax treaty, the Swiss... by usoftax_admin | Jan 8, 2025 | Tax News
The Fifth Circuit ordered a lower court to reconsider its decision to send a woman who evaded taxes back to prison, saying it should hear her new argument that only a civil punishment was allowed for her failure to pay restitution after she was released. by usoftax_admin | Jan 8, 2025 | Tax News
A former Ohio attorney who managed his wife’s dental practice should spend at least two years in prison for causing $750,000 in federal tax losses and failing to pay over employment taxes, prosecutors urged Wednesday, saying he used the business as a personal... by usoftax_admin | Jan 8, 2025 | Tax News
The firm’s final report outlined new mandatory staff training designed to enhance ethical conduct; meanwhile former PwC Australia partner Wayne Plummer has been cleared of wrongdoing