by usoftax_admin | Jul 29, 2024 | Tax News
Total sales of clean energy tax credits could reach as high as $20 billion to $25 billion this year, signaling a flourishing marketplace for credit sales authorized by the 2022 climate law, according to a midyear report released Monday by a climate tech startup... by usoftax_admin | Jul 29, 2024 | Tax News
The Internal Revenue Service didn’t follow its own rules when processing a Texas company’s employee retention credit claims and therefore shouldn’t have found liability for over $1.7 million in penalties, interest and fees, the company told a federal... by usoftax_admin | Jul 29, 2024 | Tax News
The winner of the first “Survivor” television season told a Rhode Island federal court Monday that the government was unfairly painting him as flouting nearly $3.3 million in federal tax liabilities stemming from his $1 million cash prize, saying he was... by usoftax_admin | Jul 29, 2024 | Tax News
The IRS said the five signs are the result of what IRS compliance teams found while analyzing and processing claims for the employee retention credit (ERC). The Service plans to briefly reopen its voluntary disclosure program. by usoftax_admin | Jul 29, 2024 | Tax News
Pillar one should cause the UK’s digital services tax to be repealed according to one tax expert, but questions remain over a timeline by usoftax_admin | Jul 29, 2024 | Tax News
Individuals, partnerships and companies seeking to register as tax agents must prove they have good governance in place, according to new proposed changes