by usoftax_admin | Nov 19, 2024 | Tax News
Michigan’s highest court is set to decide whether the state waited too long to demand that Disney and a restaurant company remit unclaimed property, one of several major developments that could have a role in reshaping a continuously growing field of practice... by usoftax_admin | Nov 19, 2024 | Tax News
The Third Circuit should affirm a U.S. Tax Court ruling allowing the Internal Revenue Service to skirt the normal deadlines and assess taxes going back to 1993 against a couple who were unaware that their tax preparer had falsified their returns to lower their... by usoftax_admin | Nov 19, 2024 | Tax News
The UK and what has been dubbed its ‘second empire’ have been found to be responsible for 26% of all countries’ tax losses by the Tax Justice Network by usoftax_admin | Nov 19, 2024 | Tax News
Almost 10 years after Federal Rule of Civil Procedure 34 was amended, attorneys still seem confused about what they should include in objections to discovery requests, and until the rules committee provides additional clarity, practitioners must beware the steep costs... by usoftax_admin | Nov 19, 2024 | Tax News
The U.S. Treasury Department finalized regulations Tuesday to make it easier for tax-exempt entities that co-own development projects to qualify for a direct cash payment of clean energy tax credits by electing out of their partnership tax status. by usoftax_admin | Nov 18, 2024 | Tax News
The U.S. Tax Court affirmed Monday its position that the IRS lacks authority to assess certain foreign information reporting penalties, denying the agency’s request to reverse a ruling that let a Missouri businessowner off the hook for $120,000.