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Former City Treasurer Gets 30 Months In $1M Embezzlement

by usoftax_admin | Jul 12, 2024 | Tax News

A former city treasurer in Alaska was sentenced to two and a half years in prison after having admitted to tax evasion and fraud in connection with a $1 million embezzlement scheme, according to Alaska federal court documents.

Five minutes with…Mohan Nusetti

by usoftax_admin | Jul 12, 2024 | Tax News

Nusetti, global tax head at pharmaceutical company Lupin, tells ITR about being a tax magician, military aspirations and what makes tax cool

7 Taxpayer Advocacy Panel Committees To Meet In August

by usoftax_admin | Jul 12, 2024 | Tax News

Seven of the Taxpayer Advocacy Panel’s committees will hold public meetings in August focused on improving customer service at the Internal Revenue Service, the agency announced Friday.

HMRC loses ‘landmark’ R&D tax credit case

by usoftax_admin | Jul 12, 2024 | Tax News

The UK tax agency unsuccessfully argued that a software company was not entitled to R&D tax relief

This week in tax: Global corporation taxes stabilising, says OECD

by usoftax_admin | Jul 12, 2024 | Tax News

Pillar two anticipation may have led to stable international corporation tax rates according to the OECD; in other news, A&M has continued its lateral hiring spree

Fire Fee Reversal Risks ‘Chaos’ For Cities, Detroit Says

by usoftax_admin | Jul 11, 2024 | Tax News

The city of Detroit urged Michigan Supreme Court justices to leave in place a decision that said its fire inspection fees are not a disguised unlawful tax because reversing it could send municipalities into “chaos” over their permit and license fee...
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