by usoftax_admin | Apr 15, 2025 | Tax News
The CEO of a company purportedly funded by a green energy outfit can’t appeal a judge’s determination in a proposed investor class action that found the executive is subject to the Tennessee federal court’s jurisdiction, saying he failed to meet the... by usoftax_admin | Apr 15, 2025 | Tax News
CarMax used intercompany transactions to distort an entity’s business activity and thus its tax burden in South Carolina, the state’s tax agency told an appeals court, arguing that because of this distortion, the state was correct in requiring CarMax to... by usoftax_admin | Apr 15, 2025 | Tax News
More than a dozen congressional Republicans support what they characterize as free-speech legislation to overturn a 1954 tax law barring churches from endorsing candidates, despite warnings from some lawmakers and others that it could weaken church-state separation... by usoftax_admin | Apr 15, 2025 | Tax News
The window to file a U.S. Tax Court petition for businesses challenging IRS employment tax determinations can be slackened in some cases, but a jewelry company’s bid to extend its own filing deadline doesn’t pass muster, the court said Tuesday. by usoftax_admin | Apr 15, 2025 | Tax News
The Ninth Circuit declined to undo sanctions leveled against a tax and accounting company or reduce a $110,000 jury win handed to a former worker who claimed the business’s owner sexually harassed her, ruling the company’s arguments fell flat against a... by usoftax_admin | Apr 15, 2025 | Tax News
A Kentucky man owes over $25,000 in taxes and additional penalties, the U.S. Tax Court found Tuesday, rejecting his “frivolous arguments” that he isn’t a taxpayer and that his more than $141,000 in earnings weren’t income.