by usoftax_admin | Nov 7, 2024 | Tax News
A couple that owned homes in New York and Florida and began a transition to living full time in Florida were not yet domiciled in that state because they maintained ties and spent significant amounts of time in New York, an administrative law judge ruled in a... by usoftax_admin | Nov 7, 2024 | Tax News
A former Massachusetts police officer and his electrician brother pled guilty Wednesday to paying off employees of a utility ratepayer-funded energy savings program administrator who steered $36 million in contracts their way, federal prosecutors said Thursday. by usoftax_admin | Nov 7, 2024 | Tax News
A group of housing cooperatives asked a Michigan federal judge to grant them an exemption from the “dragnet” Corporate Transparency Act, claiming the disclosure requirements will deter members from serving on boards that govern affordable housing... by usoftax_admin | Nov 7, 2024 | Tax News
A federal judge entered a $4.9 million default against the estate of a Michigan man and his widow after having threatened to dismiss the case, in which the government says the couple avoided taxes by participating in a Son-of-Boss scheme. by usoftax_admin | Nov 7, 2024 | Tax News
The widow of a man whose offshore businesses were raided by the IRS, giving rise to a nearly $18 million tax judgment, didn’t prove the IRS committed fraud against the court in ensuing Freedom of Information Act litigation in which the agency claimed evidence... by usoftax_admin | Nov 7, 2024 | Tax News
The Internal Revenue Service plans to hold a public hearing Nov. 22 on proposed regulations that outline when foreign taxes under the Pillar Two international minimum tax agreement could trigger U.S. rules that aim to prevent companies from double-dipping the same...