by usoftax_admin | Aug 16, 2024 | Tax News
The ‘big four’ rivals have reportedly benefitted from the fallout from PwC’s Evergrande audit; in other news, Canada published draft pillar two legislation by usoftax_admin | Aug 15, 2024 | Tax News
A portion of California’s new tax law written to prevent more wins such as Microsoft secured when the state’s Office of Tax Appeals ruled it could include 100% of the dividends from foreign affiliates in its California sales factor denominator is... by usoftax_admin | Aug 15, 2024 | Tax News
A Skechers USA subsidiary had economic substance and an additional finding of a business purpose is unnecessary for related companies to engage in transactions resulting in the company claiming nearly a half-billion dollars in deductions in Wisconsin, Skechers said in... by usoftax_admin | Aug 15, 2024 | Tax News
A doctor who incurred $1.1 million in liabilities for failing to report his foreign bank accounts is asking a Michigan federal court to waive his $20,000 civil contempt fine because the court restricted his only financial assets to paying the liabilities. by usoftax_admin | Aug 15, 2024 | Tax News
The IRS said Thursday it will reopen its voluntary disclosure program to allow businesses to correct questionable claims for the pandemic-era employee retention credit. by usoftax_admin | Aug 15, 2024 | Tax News
Applicable federal rates for income tax purposes will decrease in September, the Internal Revenue Service said Thursday, the third month-to-month drop in a row.