by usoftax_admin | Aug 28, 2024 | Tax News
Atlanta’s former chief financial officer became the latest city hall official to head to prison on corruption charges Tuesday, after getting hit with a three-year prison sentence for what prosecutors called a “triple-dipping” scheme into city coffers... by usoftax_admin | Aug 28, 2024 | Tax News
A financial adviser will not face a new trial after an Arizona federal court ruled there was sufficient evidence for a jury to clear him in January of failing to report foreign bank accounts, sparing him at least $2.2 million in penalties. by usoftax_admin | Aug 28, 2024 | Tax News
The U.S. Tax Court asked food services giant Sysco and the IRS to address how a tax dispute between them is affected by a recent ruling in a similar case that found medical device company Varian can claim a deduction for foreign dividends. by usoftax_admin | Aug 28, 2024 | Tax News
An Arkansas company that leases land eligible for government farm subsidies was entitled to start amortizing the acres for better tax treatment without notifying the IRS, the company told the Eighth Circuit, asking the court to overturn a decision denying its related... by usoftax_admin | Aug 28, 2024 | Tax News
Anyone who transfers real estate to a legal entity in an all-cash transaction, including attorneys, will be required starting Dec. 1, 2025, to inform the U.S. Treasury Department about that entity’s beneficial owners and their identification numbers under a... by usoftax_admin | Aug 28, 2024 | Tax News
Greenberg Traurig LLP has brought on two fund formation partners from Kirkland & Ellis LLP to continue its growth into the private equity space, according to an announcement this week by the firm.