by usoftax_admin | Jul 5, 2024 | Tax News
As law firms increasingly rely on generative artificial intelligence tools to produce legal text, attorneys should be on guard for the overuse of cohesive devices in initial drafts, and consider a few editing pointers to clean up AI’s repetitive and choppy outputs,... by usoftax_admin | Jul 4, 2024 | Tax News
European countries using the euro should tighten their fiscal policies “sizably” next year, combining raising taxes with cuts to spending, depending on national circumstances, an advisory board has said. by usoftax_admin | Jul 3, 2024 | Tax News
A former defense contractor and his wife face a 30-count indictment alleging they were involved in a decadeslong scheme to defraud the U.S. government and avoid taxes on more than $350 million in income, the Department of Justice announced Wednesday. by usoftax_admin | Jul 3, 2024 | Tax News
A disputed provision of Maryland’s tax on digital advertising doesn’t violate the First Amendment, a federal judge in the state found Wednesday, throwing out a challenge to the tax brought by the U.S. Chamber of Commerce and other business groups. by usoftax_admin | Jul 3, 2024 | Tax News
Captive insurance companies and their related entities that are challenging more than $2 million in IRS notices of tax deficiencies asked the Tenth Circuit to reconsider its refusal to review a U.S. Tax Court decision finding the notices were not invalid as the... by usoftax_admin | Jul 3, 2024 | Tax News
Sen. Elizabeth Warren and three other lawmakers urged Treasury Secretary Janet Yellen for the department to quickly release regulations to implement the corporate alternative minimum tax in a letter released Wednesday.