by usoftax_admin | May 5, 2025 | Tax News
President Donald Trump’s administration urged a D.C. federal court to deny a request by toy companies to halt global tariffs, arguing the government is authorized to impose trade measures under the International Emergency Economic Powers Act. by usoftax_admin | May 5, 2025 | Tax News
Layoffs and voluntary resignations at the Internal Revenue Service have significantly reduced the agency’s revenue agents responsible for conducting audits, the Treasury Inspector General for Tax Administration said Monday. by usoftax_admin | May 5, 2025 | Tax News
A South Dakota business owner who admitted to hiding income from the Internal Revenue Service cannot challenge the $120,000 the agency claims he owes in additional taxes for fraudulently failing to file returns, the U.S. Tax Court ruled Monday. by usoftax_admin | May 5, 2025 | Tax News
Clifford Chance LLP has added a Paul Weiss Rifkind Wharton & Garrison LLP transactional attorney in New York as co-chair of its U.S. executive compensation practice, the firm announced Monday. by usoftax_admin | May 5, 2025 | Tax News
The U.S. Tax Court tossed Monday a levy challenge by an Alabama woman who said she was the sole caregiver for her five grandchildren, ruling that she had already received the tax relief she sought when the IRS decided not to collect her overdue taxes. by usoftax_admin | May 5, 2025 | Tax News
Attorneys can lean on key principles from a psychotherapeutic paradigm known as the “Internal Family Systems” model to help manage triggered clients and get settlement negotiations back on track, says Jennifer Gibbs at Zelle.