by usoftax_admin | Nov 4, 2024 | Tax News
The District of Columbia made permanent its temporary authorization of a competitive process for tax abatements for housing developments under legislation signed by the mayor, though the measure is subject to congressional review before it becomes law. by usoftax_admin | Nov 4, 2024 | Tax News
A Georgia accountant was sentenced to more than two years in prison for his role in promoting syndicated conservation easements that resulted in a $5 million tax loss to the Internal Revenue Service, the U.S. Department of Justice announced. by usoftax_admin | Nov 4, 2024 | Tax News
A Michigan federal judge ordered the U.S. to pay roughly $220,000 in attorney fees to a construction company that won its challenge to Internal Revenue Service penalties and overturned underlying agency guidance, rejecting a magistrate judge’s recommendation... by usoftax_admin | Nov 4, 2024 | Tax News
A Ukrainian national charged for immigration fraud and money laundering has pled guilty and could face 20 years in prison, the U.S. Justice Department announced. by usoftax_admin | Nov 4, 2024 | Tax News
The U.S. Supreme Court declined Monday to hear a couple’s suit accusing UBS of fraudulently flagging an account to the Internal Revenue Service in violation of civil provisions under the Racketeer Influenced and Corrupt Organizations Act. by usoftax_admin | Nov 4, 2024 | Tax News
Netflix subscriptions in Colorado are tangible personal property subject to sales tax under long-standing state law, the state tax department told an appeals court, urging it to reverse a trial court ruling.