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Werfel Wants IRS to Help Eligible EITC Nonclaimaints

by usoftax_admin | Jul 22, 2024 | Tax News

The Internal Revenue Service needs to do more to help people who are eligible for the earned income tax credit but don’t claim it, Daniel Werfel, the agency’s commissioner, said Monday.

India’s pillar two pledge may have limited impact, experts warn

by usoftax_admin | Jul 22, 2024 | Tax News

With corporate tax rates already exceeding 15%, India will need to think creatively to extract additional revenue through new pillar two rules, local partners tell ITR

IRS Delays Tax Deadlines For Texans Affected By Hurricane

by usoftax_admin | Jul 22, 2024 | Tax News

Certain Texas taxpayers affected by Hurricane Beryl, which hit the state this month, will have until a delayed deadline of Feb. 3 to file individual and business tax returns and make payments, the Internal Revenue Service said Monday.

Talent Tracker quarterly report: France’s fervent hiring

by usoftax_admin | Jul 22, 2024 | Tax News

France continues to be a hot spot for tax lateral partner moves, according to ITR+’s Talent Tracker

Kyocera Failed To Back R&D Credits With Records, US Says

by usoftax_admin | Jul 22, 2024 | Tax News

Multinational electronics maker Kyocera AVX Components Corp. failed to back up its claim to research tax credits with the required paperwork, the U.S. government told a South Carolina federal court in asking it to stop part of the company’s nearly $9 million...

Top tax cases of the year so far

by usoftax_admin | Jul 22, 2024 | Tax News

Losses for HM Revenue and Customs and the Australian Taxation Office, cum-ex fraud and a ‘mysterious funder’ all feature in ITR’s list of 2024’s most significant tax cases so far
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