by usoftax_admin | Jun 25, 2024 | Tax News
Large corporations would face a 95% windfall tax on excessive profits under legislation reintroduced in the House. by usoftax_admin | Jun 25, 2024 | Tax News
Tax professionals are concerned that deals involving a new way to sell clean energy tax credits for cash could face IRS scrutiny after the agency scored a high-profile win over a telecommunications company by deploying an aggressive interpretation of what’s... by usoftax_admin | Jun 25, 2024 | Tax News
Counsel for Johnson & Johnson on Tuesday urged the OECD and government officials working on the Pillar Two global minimum corporate tax to consider more permanent safe harbor provisions to reduce the compliance burdens associated with the levy. by usoftax_admin | Jun 25, 2024 | Tax News
The Eastern District of Virginia’s precipitous 2022 fall from its storied rocket docket status appears to have been a temporary aberration, as recent statistics reveal that the court is once again back on top as the fastest federal civil trial court in the nation,... by usoftax_admin | Jun 25, 2024 | Tax News
The global tax overhaul designed by the Organization for Economic Cooperation and Development won’t eliminate countries competing for companies’ investments, a U.S. House lawmaker said Tuesday. by usoftax_admin | Jun 25, 2024 | Tax News
A road construction company in Chapter 7 bankruptcy proceedings asked a Florida federal court to force the IRS to give it nearly $4 million in tax refunds for pandemic-era employee retention credits that its bankruptcy trustee determined it was eligible to...