by usoftax_admin | Jul 15, 2024 | Tax News
IBM asked the U.S. Supreme Court for more time to submit a petition for review of a New York high court decision that upheld tax on royalties received from foreign affiliates, saying it recently retained Jones Day to handle the case. by usoftax_admin | Jul 15, 2024 | Tax News
Akerman LLP announced Monday that it picked up a pair of new partners for its tax practice group in Atlanta who were previously with Chamberlain Hrdlicka White Williams & Aughtry. by usoftax_admin | Jul 15, 2024 | Tax News
Hourly rates for partners, associates and support staff continued to rise in the first half of this year, and this growth shows no signs of slowing for the rest of 2024 and into next year, driven in part by the return of mergers and acquisitions and the widespread... by usoftax_admin | Jul 15, 2024 | Tax News
While the IRS has carried out some enforcement actions related to virtual currency noncompliance and has launched a program focused on identifying taxpayers who leave digital assets off their returns, the agency has lots of room for improvement, the Treasury Inspector... by usoftax_admin | Jul 15, 2024 | Tax News
A Tennessee company asked the Sixth Circuit to shield it from more than $500 million in excise tax liabilities, saying a lower court correctly found that its refurbished trucks qualify for the safe harbor from the heavy-truck excise tax. by usoftax_admin | Jul 15, 2024 | Tax News
Dominic Foulkes of Davis Polk & Wardwell LLP has advised companies on several multibillion-dollar transactions, including a technology-maker’s $4.9 billion initial public offering, the largest in the United States in the last three years, earning him a spot...