by usoftax_admin | Jul 26, 2024 | Tax News
An allowance included in coronavirus aid legislation in 2020 to temporarily allow an employer to reimburse an employee for up to $5,250 in 2020 student loan payments would be made permanent under legislation introduced by a bipartisan team in the House of... by usoftax_admin | Jul 26, 2024 | Tax News
U.S. pension plans accused by Denmark’s tax agency of participating in a $2.1 billion fraud scheme involving withholding tax refunds are misconstruing Danish law as it applies to the ownership of shares, the agency told a New York federal court. by usoftax_admin | Jul 26, 2024 | Tax News
Two people admitted to secretly acting on behalf of the Chinese government and bribing an undercover agent in connection with a scheme to revoke the tax-exempt status of U.S. participants in a spiritual practice banned in China, according to New York federal court... by usoftax_admin | Jul 26, 2024 | Tax News
Uber illegally collects sales tax on food delivery fees in Florida, a customer claimed in a proposed class action removed to federal court, saying the company cannot charge the tax if customers have the option of picking up the order themselves. by usoftax_admin | Jul 26, 2024 | Tax News
In this week’s Taxation With Representation, T-Mobile partners with KKR to acquire Metronet, Exclusive Networks gets a takeover offer, KKR buys Instructure Holdings Inc., and Bally’s Corp. merges with The Queen Casino & Entertainment Inc. by usoftax_admin | Jul 26, 2024 | Tax News
The U.S. Supreme Court’s recent Securities and Exchange Commission v. Jarkesy decision has profound implications for other agencies, including the IRS, which must stop ignoring due process and curtailing congressional intent in its policing of captive insurance...