by usoftax_admin | Nov 14, 2024 | Tax News
Much of the IRS and Justice Department’s recent success in prosecuting syndicated conservation easement cases can be attributed to the government’s focus on the so-called PropCo ratio, which could indicate treacherous waters ahead for participants and their advisers,... by usoftax_admin | Nov 14, 2024 | Tax News
A woman who missed the deadline for reporting that she received a $350,000 inheritance isn’t allowed to sue the IRS for acting arbitrarily in charging her a late penalty because other remedies to her complaint are available to her, the agency told a California... by usoftax_admin | Nov 14, 2024 | Tax News
Clean electricity tax credits in the Democrats’ signature climate law could be scaled back amid next year’s effort by President-elect Donald Trump and GOP lawmakers to quickly renew expiring provisions of the 2017 Tax Cuts and Jobs Act once they’re... by usoftax_admin | Nov 14, 2024 | Tax News
HCA Healthcare Inc. and the Florida Department of Revenue have settled the company’s claims that some of HCA’s nonbusiness income was incorrectly classified as business income and a federal credit was not applied to HCA’s $13.8 million corporate... by usoftax_admin | Nov 14, 2024 | Tax News
Boston federal prosecutors have unsealed charges against two men who allegedly used information hacked and stolen from Massachusetts tax preparation firms to pocket more than $1.3 million from fraudulent tax returns. by usoftax_admin | Nov 14, 2024 | Tax News
Google searches for how to move to Canada have surged in the wake of the U.S. presidential election, and if you’re an attorney considering a move to the Great White North, you’ll need to understand how the practice of law differs across the border, says David Postel...