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DOJ Seeing Deluge Of Attacks In Tax Cases After Loper Bright

by usoftax_admin | Sep 23, 2024 | Tax News

The U.S. Department of Justice’s Tax Division is seeing its casework flooded with taxpayer arguments citing the U.S. Supreme Court’s decision in Loper Bright overturning the Chevron doctrine, and that’s not likely to change soon, a division chief...

Vanguard Agrees To Settle Investors’ Tax Liability Suit

by usoftax_admin | Sep 23, 2024 | Tax News

Vanguard agreed to settle a proposed class action by investors who accused the company of violating its fiduciary duties when it triggered a sell-off of assets that left them with massive tax bills, according to a Pennsylvania federal court order Monday.

Profs, Retired Judges Ask Justices To Uphold Return Of Taxes

by usoftax_admin | Sep 23, 2024 | Tax News

Two former bankruptcy judges and a group of law professors threw their support behind the bankruptcy trustee of a Utah transportation company seeking to convince the U.S. Supreme Court that the IRS, like any other creditor, should have to return payments deemed...

IRS Finalizing Pricing Pact Guidance, Official Says

by usoftax_admin | Sep 23, 2024 | Tax News

The Internal Revenue Service is in the final stages of updating revenue procedures to help multinational corporations pursue advance pricing agreements and resolve tax treaty disputes, and it will release the guidance soon, an agency official said Monday.

IRS Names Chief Of Appeals Office

by usoftax_admin | Sep 23, 2024 | Tax News

The Internal Revenue Service elevated the acting chief of its Independent Office of Appeals to the position permanently, the agency announced Monday.

Squire Patton Tax Ace Joins Winston & Strawn In Dallas

by usoftax_admin | Sep 23, 2024 | Tax News

Winston & Strawn LLP announced Monday it has expanded its tax offerings with the addition of an experienced attorney from Squire Patton Boggs LLP in Texas.
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