by usoftax_admin | Sep 19, 2024 | Tax News
The redistribution of corporate taxing rights among countries that agreed to new profit reallocation rules known as Pillar One would be “seriously affected” by a proposed safe harbor, according to report from a think tank funded by the European... by usoftax_admin | Sep 19, 2024 | Tax News
The death of a U.S. citizen who failed to file reports of foreign bank and financial accounts doesn’t stop the U.S. government from enforcing penalties against his estate, a New York federal judge ruled. by usoftax_admin | Sep 19, 2024 | Tax News
The U.S. Senate set the stage Thursday to proceed with a vote on one of President Joe Biden’s picks to fill an open seat on the U.S. Tax Court. by usoftax_admin | Sep 19, 2024 | Tax News
While the Internal Revenue Service could collect billions thanks to recent reporting requirement changes, particularly those related to cryptocurrency, the agency needs to take further steps to be prepared for the changes, the Government Accountability Office said... by usoftax_admin | Sep 19, 2024 | Tax News
H&R Block asked the Eighth Circuit to reconsider its denial of the company’s request to stop administrative law judges from presiding over its coming false-advertising hearing before the Federal Trade Commission, saying the court’s one-sentence ruling... by usoftax_admin | Sep 19, 2024 | Tax News
The IRS urged taxpayers to be careful about working with promoters that claim to provide necessary services in order to comply with the agency’s offer-in-compromise program, saying Thursday that these “mills” only bring “empty promises and...