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Ex-Jersey Shore Mayor Admits To Benefits Theft, Tax Crimes

by usoftax_admin | Sep 30, 2024 | Tax News

The former mayor of Wildwood, New Jersey, has admitted to unlawfully obtaining state health benefits, failing to disclose his outside employment and neglecting to report income from that job on state tax returns, New Jersey Attorney General Matthew J. Platkin and the...

Feds Seek Prison In Tax Case Linked To ‘China Initiative’

by usoftax_admin | Sep 30, 2024 | Tax News

Prosecutors have asked a Texas federal judge for an 18- to 24-month prison sentence for a Chinese-born engineer who pled guilty to tax crimes after being charged with export violations and fraud in a case the defense claims began as an espionage investigation under...

IRS Appeals Office Tests Group Mailbox For Large Cos.

by usoftax_admin | Sep 30, 2024 | Tax News

The Internal Revenue Service’s Independent Office of Appeals announced Monday that it will test out a program intended to help enhance secure messaging for large businesses with multiple representatives by allowing them to request a group mailbox to communicate...

Supplement Co. Owes $1.3M Of Ex-Owner’s Tax, US Says

by usoftax_admin | Sep 30, 2024 | Tax News

A health supplements company and its owners owe the federal government about $1.3 million in taxes stemming from the liabilities of the company’s previous owner, the U.S. said in a complaint Monday in a Connecticut federal court.

43K Issues In IRS Application Overdue For Fixes, TIGTA Says

by usoftax_admin | Sep 30, 2024 | Tax News

A review of two Internal Revenue Service system applications discovered that one had more than 43,000 vulnerabilities that were overdue for being patched, the Treasury Inspector General for Tax Administration said in report released Monday. 

AI May Limit Key Learning Opportunities For Young Attorneys

by usoftax_admin | Sep 30, 2024 | Tax News

The thing that’s so powerful about artificial intelligence is also what’s most scary about it — its ability to detect patterns may curtail young attorneys’ chance to practice the lower-level work of managing cases, preventing them from ever honing the pattern...
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