by usoftax_admin | Aug 21, 2024 | Tax News
A woman who operates a New Zealand winery must pay $238,000 in penalties and an extra $105,000 in interest and fees for failing to report her New Zealand financial accounts to the U.S. government, the Ninth Circuit ruled Wednesday. by usoftax_admin | Aug 21, 2024 | Tax News
Vice President Kamala Harris has proposed increasing the corporate tax rate to 28% to boost revenue if she’s elected president, but the proposed hike raises questions about changes to the corporate tax base, the future of the OECD’s global tax deal and the... by usoftax_admin | Aug 21, 2024 | Tax News
The Internal Revenue Service’s interest rates for overpayments and underpayments of tax won’t change in the fourth quarter of 2024, the agency said Wednesday. by usoftax_admin | Aug 21, 2024 | Tax News
A long-standing Democratic member of the House Ways and Means Committee who pressed for the release of former President Donald Trump’s tax returns and for the repeal of the cap on state and local tax deductions died Wednesday. by usoftax_admin | Aug 21, 2024 | Tax News
The Internal Revenue Service’s free electronic tax filing program, Direct File, will be available in Wisconsin for the 2025 tax filing season, the IRS and U.S. Treasury Department announced Wednesday. by usoftax_admin | Aug 21, 2024 | Tax News
A North Carolina scrap metal dealer has pled guilty to theft and tax charges associated with a catalytic converter theft conspiracy spanning several states, the Department of Justice announced Tuesday.