by usoftax_admin | Aug 12, 2024 | Tax News
The Internal Revenue Service lacks an agency-wide program to identify and then update, replace or retire legacy information technology systems, the Treasury Inspector General for Tax Administration reported Monday. by usoftax_admin | Aug 12, 2024 | Tax News
An analysis of tax proposals previously put forth by Vice President Kamala Harris and Minnesota Gov. Tim Walz, the Democrats’ presumptive nominees for president and vice president, indicates they could pursue a tax agenda geared toward providing tax relief to... by usoftax_admin | Aug 12, 2024 | Tax News
FedEx wrongly believes the recent U.S. Supreme Court decision overturning the Chevron doctrine precludes the U.S. Treasury Department from promulgating regulations to stop tax cheats and prevent FedEx from claiming $84.6 million in tax credits, the U.S. government... by usoftax_admin | Aug 12, 2024 | Tax News
The Internal Revenue Service can review the sequestered bank records of a cryptocurrency executive charged in a 2020 bitcoin fraud investigation, a Texas federal judge ruled, finding the agency had properly notified the executive and his company of summonses it had... by usoftax_admin | Aug 12, 2024 | Tax News
The U.S. Department of the Treasury is seeking to quell fears that the Corporate Transparency Act’s disclosure requirements could set the stage for more invasive government data collection in a brief asking a Michigan federal judge to uphold the law as... by usoftax_admin | Aug 12, 2024 | Tax News
Minnesota taxpayers affected by severe storms and flooding have until February to file tax returns and make payments, the Internal Revenue Service said Monday.