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Tax Deadlines In South Dakota Delayed After Storms

by usoftax_admin | Aug 23, 2024 | Tax News

Taxpayers in South Dakota will be given until Feb. 3 to file individual and business tax returns and make payments after areas of the state were hit by severe storms, straight-line winds and flooding in June, the Internal Revenue Service said Friday.

Utah Plumbing Supply Co.’s Microcaptive Suit Tossed

by usoftax_admin | Aug 23, 2024 | Tax News

A Utah federal judge dismissed Friday a plumbing supply company and its owners’ bid to set aside the IRS’ 2016 notice that imposed additional reporting requirements for certain microcaptive insurance arrangements under the threat of penalty, saying the...

Gov’t Too Late In $2.3M Estate Tax Suit, Court Rules

by usoftax_admin | Aug 23, 2024 | Tax News

The U.S. government waited too long to pursue more than $2.3 million in estate taxes from a Florida man accused of using his late mother’s estate’s funds to pay mortgage payments instead of taxes, a federal court ruled.

Planning Law Firm Content Calendars: What, When, Where

by usoftax_admin | Aug 23, 2024 | Tax News

During the slower month of August, law firms should begin working on their 2025 content calendars, planning out a content creation and distribution framework that aligns with the firm’s objectives and maintains audience engagement throughout the year, says Jessica...

What would a Donald Trump presidency mean for tax policy?

by usoftax_admin | Aug 23, 2024 | Tax News

This is a big US election for pillar two, on which the two competing parties couldn’t be further apart, one expert tells ITR

IRS Delays Tax Deadlines In Puerto Rico After Tropical Storm

by usoftax_admin | Aug 23, 2024 | Tax News

Taxpayers in Puerto Rico will be given until Feb. 3 to file individual and business tax returns and make payments after the island was hit by Tropical Storm Ernesto, the Internal Revenue Service said Friday.
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