by usoftax_admin | Oct 7, 2024 | Tax News
A Michigan federal court should order the sale of three properties held by a real estate company to satisfy the roughly $3.3 million tax debt of a couple who are the company’s nominee owners, the U.S. government said in a complaint Monday. by usoftax_admin | Oct 7, 2024 | Tax News
The IRS released final regulations Monday that impose additional reporting requirements under the threat of penalty for partnerships that abuse a conservation easement tax deduction after the agency suffered major losses in court battles that invalidated the original... by usoftax_admin | Oct 7, 2024 | Tax News
D.C. Circuit judges seemed skeptical Monday of a tax tipster’s claim that the U.S. Tax Court had jurisdiction over his case seeking to overturn the IRS’ denial of a whistleblower award, saying during oral arguments that the agency had found his tips... by usoftax_admin | Oct 7, 2024 | Tax News
The U.S. Supreme Court let stand Monday a Fifth Circuit decision denying a construction company’s shareholders a six-figure tax refund for the company’s $1.3 million research credit claim, denying a petition. by usoftax_admin | Oct 7, 2024 | Tax News
Csaba Farkas of TMF Group outlines the practical steps businesses need to follow to take full advantage of the e-invoicing revolution by usoftax_admin | Oct 7, 2024 | Tax News
Former President Donald Trump’s planned extension of the 2017 tax cuts and lowering of corporate rates contribute most among his platform to lowering taxes for the wealthiest 5% and hiking them for everyone else, the left-leaning Institute on Taxation and...