by usoftax_admin | Nov 20, 2024 | Tax News
A barred Florida tax preparer was sentenced to four years in prison for falsifying returns to trigger inflated refunds for participants in a three-year tax fraud scheme called the “note program,” the U.S. Department of Justice said Wednesday. by usoftax_admin | Nov 20, 2024 | Tax News
A couple living in Switzerland for part of each year timely filed their claim for overpaid New York state income taxes dating back to 2011 soon after winning double-taxation relief under the Swiss-U.S. tax treaty in 2018, the state’s tax department said. by usoftax_admin | Nov 20, 2024 | Tax News
A New York company that appointed an Italian citizen to its board of directors does not have to withhold state income tax for payments made to that board member, the state’s tax department said. by usoftax_admin | Nov 20, 2024 | Tax News
An accountant who hid $1.4 million from the IRS should be sentenced to at least a year in prison despite his stated mental health issues, the government told a Connecticut federal court, saying he seemed driven at least partly by greed and thought he wouldn’t... by usoftax_admin | Nov 20, 2024 | Tax News
Ireland’s Social Democrats are campaigning for this month’s general election on a 0.5% tax on individual’s assets over €1 million ($1.1 million) — excluding homes, family businesses, art and pensions — and 1% for assets over €2 million, according to... by usoftax_admin | Nov 20, 2024 | Tax News
Israel committed to implementing the Organization for Economic Cooperation and Development’s framework for automatically exchanging financial information regarding crypto-assets by 2027, the country’s Ministry of Finance said Wednesday.