by usoftax_admin | Apr 25, 2025 | Tax News
Finland’s government said it has agreed to an economic plan that would drop personal income tax payments by a cumulative €1.1 billion ($1.25 billion) while also cutting the corporate tax rate by 2 percentage points. by usoftax_admin | Apr 25, 2025 | Tax News
The Trump administration wants to litigate a challenge to its tariffs in a federal trade court, not the D.C. district court, arguing that the U.S. Court of International Trade is the only venue with jurisdiction to hear the case. by usoftax_admin | Apr 25, 2025 | Tax News
U.S. Senate Finance Committee Chairman Mike Crapo, R-Idaho, announced Friday that it will hold an executive session Tuesday to consider President Donald Trump’s picks for roles at the U.S. Department of Commerce and U.S. Department of the Treasury. by usoftax_admin | Apr 25, 2025 | Tax News
A Pennsylvania federal court should reject a company’s bid for an immediate penalty refund for operating what the IRS claimed is an abusive tax shelter through its microcaptive insurance program, the government argued Friday, saying the company is seeking... by usoftax_admin | Apr 25, 2025 | Tax News
If a law firm enters into a pro bono deal with the Trump administration in exchange for avoiding or removing an executive order, it has an ethical obligation to create a written settlement agreement with specific terms, which would mitigate some potential conflict of... by usoftax_admin | Apr 25, 2025 | Tax News
The IRS defended its refusal to release information to a tax services company seeking audit records of its captive insurance program, telling a Texas federal court that the agency’s redactions of the requested records are protected by attorney-client privilege...