by usoftax_admin | Aug 29, 2024 | Tax News
The Fourth Circuit upheld the dismissal of a former Credit Suisse employee’s whistleblower case that alleged the Swiss bank continued to help clients evade taxes after it made a related plea deal with the U.S., saying a 2023 U.S. Supreme Court decision on the... by usoftax_admin | Aug 29, 2024 | Tax News
A Drexel University accounting professor convicted on charges of tax evasion and filing false tax returns after the government accused him of failing to report $3.3 million in income from a Trenton pharmacy has asked a New Jersey federal judge for a new trial. by usoftax_admin | Aug 29, 2024 | Tax News
The IRS has made only partial progress toward complying with a U.S. Treasury Department directive to develop methodology to ensure the agency doesn’t increase the audit rate for businesses and households with annual incomes below $400,000, the Treasury Inspector... by usoftax_admin | Aug 29, 2024 | Tax News
The Internal Revenue Service needs to beef up its oversight of conflicts of interest between fiduciaries and individual retirement account investors, according to a U.S. Government Accountability Office report. by usoftax_admin | Aug 29, 2024 | Tax News
Full applications are now open for manufacturers seeking a share of a second-round $6 billion tax-credit allocation for their development projects that support the clean energy industry, the Internal Revenue Service and U.S. Department of Energy said Thursday. by usoftax_admin | Aug 29, 2024 | Tax News
A Colorado organization asked the U.S. Supreme Court to review a lower-court decision upholding a state law requiring financial impacts be included in the titles of some tax-related ballot initiatives.