by usoftax_admin | Dec 4, 2024 | Tax News
The U.S. Treasury Department released final regulations Wednesday for the clean energy investment tax credit, which includes notable changes to the proposed energy property definition to include functional components in calculating the incentive’s value, such as... by usoftax_admin | Dec 4, 2024 | Tax News
The Alabama Department of Revenue adopted regulations to implement recently enacted tax rebates for companies that operate qualifying tourism projects, according to a notice published by the state Legislative Services Agency. by usoftax_admin | Dec 4, 2024 | Tax News
Reed Smith LLP added a partner to its national state tax practice who will work out of its San Francisco office, according to the firm. by usoftax_admin | Dec 4, 2024 | Tax News
For attorneys — new ones especially — there is much fulfillment to find in document review by reflecting on how important, interesting and pleasant it can be, says Bennett Rawicki at Hilgers Graben. by usoftax_admin | Dec 4, 2024 | Tax News
The federal government agreed to stop challenging a U.S. Tax Court decision that found a businessman didn’t owe fraud penalties even though he improperly took a multimillion-dollar bad debt deduction for loans he made to his companies, according to a Ninth... by usoftax_admin | Dec 4, 2024 | Tax News
The Internal Revenue Service will not be holding its scheduled meeting Friday on proposed regulations that would allow taxpayers to make payments using credit and debit cards directly with the agency instead of through a third party, it said Wednesday.