by usoftax_admin | Jul 22, 2024 | Tax News
As momentum around the House-passed tax break bill has fizzled and election season ramps up, tax experts hope lawmakers use what little time they have left to extend expired research tax breaks, approve the Taiwanese tax agreement and pass disaster relief before the... by usoftax_admin | Jul 22, 2024 | Tax News
Almost 16,000 entities will spend over 8.7 million hours seeking access to beneficial ownership information in the first year, FinCEN estimated in a new notice. by usoftax_admin | Jul 22, 2024 | Tax News
The American Institute of Certified Public Accountants said Monday that it endorsed a congressional proposal that would apply what is known as the mailbox rule to electronically submitted tax returns and shift the deadlines for estimated tax payments to intervals that... by usoftax_admin | Jul 22, 2024 | Tax News
As OECD-led negotiations continue on a taxing rights overhaul known as Pillar One after a missed June deadline, the U.S. Treasury Department is working to extend the political agreement between it and several countries to nullify their digital services taxes once the... by usoftax_admin | Jul 22, 2024 | Tax News
Denmark’s tax agency has produced experts who are relying on unauthenticated documents in litigation accusing U.S. pension plans of participating in a $2.1 billion fraud scheme, the pension plans claimed in urging a New York federal court to exclude the... by usoftax_admin | Jul 22, 2024 | Tax News
The Eleventh Circuit on Monday turned down a Florida woman’s request to reconsider its rejection of her challenge to the Internal Revenue Service’s garnishment of her Social Security payments.