by usoftax_admin | Oct 1, 2024 | Tax News
Amgen lost an attempt to escape a potential class action claiming the pharmaceutical giant hid a $10.7 billion tax bill from investors after a New York federal court ruled there was sufficient evidence for the action to proceed. by usoftax_admin | Oct 1, 2024 | Tax News
The U.S. may withhold trade threats if it believes countries are having good-faith conversations about concerns that their digital services taxes discriminate against U.S. businesses, including in current talks with Canada, the former general counsel for the Office of... by usoftax_admin | Oct 1, 2024 | Tax News
The Internal Revenue Service did not abuse its discretion when it determined a California man was liable for a $5,000 penalty for filing a frivolous tax return and sustained a levy against him to collect the penalty, the U.S. Tax Court said Tuesday. by usoftax_admin | Oct 1, 2024 | Tax News
The U.S. Supreme Court should let stand a decision that late-filed returns prevented a taxpayer from discharging his federal tax debt in bankruptcy, the government argued, saying the taxpayer has inaccurately claimed that issues at the heart of his case have created a... by usoftax_admin | Oct 1, 2024 | Tax News
The tax expert’s appointment comes as EY plans to separate the roles of regional managing partner and chair going forward by usoftax_admin | Oct 1, 2024 | Tax News
About 30,000 people who took the bar exam in July will learn they passed this fall, marking a fitting time for all attorneys to remember that they are members in a specialty club of learned professionals — and the more they can keep this in mind, the more benefits...