by usoftax_admin | Aug 22, 2024 | Tax News
Government data shows 3.1 million U.K. pensioners will be dragged into paying higher taxes in the next four years due to the freeze on income thresholds, financial firm Quilter PLC said Thursday. by usoftax_admin | Aug 21, 2024 | Tax News
Hunter Biden can’t tell jurors in his criminal tax trial that traumatic events like his brother’s death caused his addiction, which led to a diminished mental capacity and his failure to pay taxes, a California federal judge said Wednesday, noting the... by usoftax_admin | Aug 21, 2024 | Tax News
New Jersey has increased its security measures for a property tax relief program after the state tax agency identified nearly one million fraudulent applications last year, a state Division of Taxation representative said Wednesday. by usoftax_admin | Aug 21, 2024 | Tax News
The Federation of Tax Administrators is set to facilitate a legislative work group that could foster more collaboration and awareness among state and local tax administrators about legislation circulating nationwide, a Missouri Department of Revenue representative... by usoftax_admin | Aug 21, 2024 | Tax News
An Arizona man who failed to report his foreign bank accounts in Switzerland owes approximately $2.7 million in recalculated penalties and interest to the Internal Revenue Service, the U.S. told an Arizona federal court. by usoftax_admin | Aug 21, 2024 | Tax News
Though the IRS has published guidance regarding the Inflation Reduction Act’s 10% adder for tax credits generated by renewable energy projects constructed on brownfield sites, considerable guesswork remains as potential implications seem contrary to IRS...