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Temple Law Prof, Kostelanetz Atty To Lead ABA Tax Section

by usoftax_admin | Aug 20, 2024 | Tax News

A longtime professor at the Temple University Beasley School of Law and a seasoned tax controversy partner at Kostelanetz LLP will together helm the American Bar Association Section of Taxation for the 2025-2026 term, the firm announced Tuesday.

Tax Prep Biz Falsified Credits, Caused $41M Loss, US Says

by usoftax_admin | Aug 20, 2024 | Tax News

A cosmetologist who started her own tax-preparation business in Houston caused $40.7 million in tax losses with the help of her husband by falsifying returns, including improperly claiming pandemic-era credits, the U.S. government told a Texas federal court...

Allen Matkins Tax Group Leader Jumps To Covington In LA

by usoftax_admin | Aug 20, 2024 | Tax News

Covington & Burling LLP has added to its Los Angeles office a partner with more than 20 years of experience who most recently led Allen Matkins Leck Gamble Mallory & Natsis LLP’s tax group, describing the new hire in an announcement as “one of the...

Trade Group Urges Consistency In Pillar 2 Reporting Standard

by usoftax_admin | Aug 20, 2024 | Tax News

The Organization for Economic Cooperation and Development should focus on making sure there is a standardized approach to acquiring the cross-jurisdiction information required for Pillar Two global minimum tax returns while also minimizing the compliance burden, the...

Son Can’t Protect Property In $10M Tax Case, US Says

by usoftax_admin | Aug 20, 2024 | Tax News

A man whose father is serving a 22-year fraud sentence shouldn’t be allowed to stop the IRS from seizing property he claims he bought fairly from his parents, the U.S. government told a Georgia federal court, saying he’s a nominee of his parents, who owe...

A Deep Dive Into Law360 Pulse’s 2024 Women In Law Report

by usoftax_admin | Aug 20, 2024 | Tax News

The legal industry continues to see incremental gains for female lawyers in private practice in the U.S., according to a Law360 Pulse analysis, with women now representing 40.6% of all attorneys and 51% of all associates.
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