by usoftax_admin | Apr 22, 2025 | Tax News
A Connecticut couple must pay $2.9 million in tax liabilities, the Second Circuit affirmed Tuesday, saying they failed to address a lower court finding that they introduced evidence challenging their debt too late. by usoftax_admin | Apr 22, 2025 | Tax News
The Montana Farmers Union wants to be included in a suit filed by members of the Blackfeet Nation challenging President Trump’s tariffs on imports from Canada and abroad, arguing that the duties under scrutiny hurt the state’s farmers the same way they... by usoftax_admin | Apr 22, 2025 | Tax News
The Internal Revenue Service correctly disallowed over $32,000 in car and truck expenses claimed by a Pennsylvania truck driver, the U.S. Tax Court determined Tuesday, agreeing with the IRS that he failed to provide any documentation backing up his claims. by usoftax_admin | Apr 22, 2025 | Tax News
The Federal Claims Court tossed an investor’s suit accusing the U.S. government of wrongly blocking him from gaining access to his shares held by a Russian-owned bank amid the country’s invasion of Ukraine, saying the suit was barred because he had... by usoftax_admin | Apr 22, 2025 | Tax News
Indian Prime Minister Narendra Modi and U.S. Vice President JD Vance have finalized the terms of reference for trade negotiations aimed at doubling bilateral trade by 2030, Vance said Tuesday. by usoftax_admin | Apr 21, 2025 | Tax News
A plastic manufacturing company in Michigan can apportion its city income tax liabilities because it has an employee in another municipality and made all its sales outside the city where it’s located, the state Tax Tribunal ruled.