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Tenn. ALJ Boosts Home’s Tax Value By A Third

by usoftax_admin | Oct 28, 2024 | Tax News

A Tennessee administrative law judge boosted a home’s tax value by more than one-third after siding with a local assessor’s office that brought a counterclaim against an appeal by the home’s owners, who sought a lower figure.

Judicial Committee Best Venue For Litigation Funding Rules

by usoftax_admin | Oct 28, 2024 | Tax News

The Advisory Committee on Civil Rules’ recent decision to consider developing a rule for litigation funding disclosure is a welcome development, ensuring that the result will be the product of a thorough, inclusive and deliberative process that appropriately...

US Expatriations Tick Up In 3rd Quarter, IRS Says

by usoftax_admin | Oct 28, 2024 | Tax News

The number of people who expatriated from the U.S. rose during the third quarter of the year compared with the previous quarter, the Internal Revenue Service said Monday.

Leading UK tax barrister prosecuted for tax evasion

by usoftax_admin | Oct 28, 2024 | Tax News

Robert Venables of Old Street Tax Chambers had previously brought multiple cases against HMRC on behalf of clients

Crypto Rapidly Transforming IRS Criminal Cases, Agent Says

by usoftax_admin | Oct 25, 2024 | Tax News

Cryptocurrency is altering the size of many criminal cases that federal law enforcement agencies are handling, an Internal Revenue Service criminal investigator told the UCLA Tax Controversy Conference, commenting that over the past three years the agency broke its...

9th Circ. Backs 7-Year Sentence Over Chip Exports To China

by usoftax_admin | Oct 25, 2024 | Tax News

The Ninth Circuit on Friday upheld the seven-year prison sentence imposed on a former University of California, Los Angeles, electrical engineering professor convicted of illegally exporting high-powered semiconductor chips to China, saying the district court did not...
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