by usoftax_admin | Sep 18, 2024 | Tax News
An industrial staffing company that was forced to stop holding job fairs during the pandemic claims the IRS hasn’t paid it $5.1 million in federal tax credits it’s owed for having continued paying employees, according to a complaint in Ohio federal... by usoftax_admin | Sep 18, 2024 | Tax News
The Eighth Circuit signaled it would consider an argument by 3M that the U.S. Supreme Court’s overturning of Chevron deference warranted a reversal in a transfer pricing case in which 3M is challenging the IRS’ reallocation of $24 million from a Brazilian... by usoftax_admin | Sep 18, 2024 | Tax News
The Internal Revenue Service published Wednesday the corporate bond monthly yield curve for September for use in calculations for defined benefit plans, as well as corresponding segment rates and other related provisions. by usoftax_admin | Sep 18, 2024 | Tax News
ITR concludes its World Tax rankings analyses with APAC, where India’s dynamism stood out in an otherwise stable region by usoftax_admin | Sep 17, 2024 | Tax News
A North Carolina cell phone retailer wasn’t obligated to remit tax on sales of prepaid wireless cards because the cards are gift cards that can be used for nontaxable services and sales, an attorney for the company told the state Supreme Court Tuesday. by usoftax_admin | Sep 17, 2024 | Tax News
An agreement that saw two children give up their interests in a qualified terminable interest property trust that held the remainder of their mother’s nearly $60 million estate resulted in a taxable gift to the children’s father, the U.S. Tax Court said...