by usoftax_admin | Dec 18, 2024 | Tax News
Senate Finance Committee Chairman Ron Wyden said Wednesday that he was investigating President-elect Donald Trump’s Internal Revenue Service commissioner pick over his work promoting the fraud-riddled employee retention tax credit and had sent letters demanding... by usoftax_admin | Dec 18, 2024 | Tax News
A Nevadan owes the Internal Revenue Service more than $1.3 million for 2006 after a federal court rejected his arguments that the agency failed to timely pursue its tax claim against him. by usoftax_admin | Dec 18, 2024 | Tax News
The U.S. Tax Court’s unnecessary determination in Royalty Management Insurance v. Commissioner that a fraudulent transaction did not contain the hallmarks of a legitimate insurance transaction applies an outdated analysis that threatens the captive... by usoftax_admin | Dec 18, 2024 | Tax News
While new technology won’t replace the human touch, it could help relieve companies’ staffing issues, EY’s David Helmer and Daren Campbell tell ITR by usoftax_admin | Dec 18, 2024 | Tax News
The Internal Revenue Service would have $20 billion in Inflation Reduction Act funding remain temporarily frozen under a deal lawmakers struck to keep the government running until March 14. by usoftax_admin | Dec 18, 2024 | Tax News
The Internal Revenue Service announced Wednesday that is planning to propose regulations that will give corporations the option to price certain cross-border transactions using a simplified and streamlined approach under a new international tax framework known as...