by usoftax_admin | Aug 26, 2024 | Tax News
A partnership created by former Atlanta Braves players urged the Eleventh Circuit to review its $47 million conservation easement lawsuit, saying the IRS’ motion to dismiss the appeal for premature filing was a mere attempt to sow confusion in the... by usoftax_admin | Aug 26, 2024 | Tax News
California-based medical device company Varian Medical Systems is entitled to a deduction for dividends received from its foreign subsidiaries, the U.S. Tax Court ruled Monday in a unanimous opinion. by usoftax_admin | Aug 26, 2024 | Tax News
The expiration of the 2017 Tax Cuts and Jobs Act in 2025 gives the next Congress an opportunity to pass pro-growth tax policies, the U.S. Chamber of Commerce said Monday. by usoftax_admin | Aug 26, 2024 | Tax News
Electronics maker Kyocera cannot be allowed to take a $143 million tax deduction for distributions received under a 2017 tax law based on a separate statute’s gross-up for paid foreign tax credits, the government told a South Carolina federal court. by usoftax_admin | Aug 26, 2024 | Tax News
Captive insurance companies that claim the U.S. Tax Court improperly rejected their request to invalidate tax deficiency notices in their case challenging $2 million in liabilities must wait until the court issues a final decision before they can appeal, the Tenth... by usoftax_admin | Aug 26, 2024 | Tax News
A private equity executive who largely beat charges in the “Varsity Blues” college admissions case can proceed with a suit against Netflix claiming he and his son were defamed by the streaming giant’s documentary about the scandal, a Massachusetts...