by usoftax_admin | Jun 20, 2024 | Tax News
Former President Donald Trump and other defendants fighting a $465 million civil fraud judgment called on New York Supreme Court Justice Arthur Engoron to recuse himself Thursday in light of a once-suspended real estate attorney’s recent judicial misconduct... by usoftax_admin | Jun 20, 2024 | Tax News
The Supreme Court upheld the mandatory repatriation tax as a valid exercise of Congress’s taxing authority. The Court did not reach the question of whether income must be realized to be taxable. by usoftax_admin | Jun 20, 2024 | Tax News
The Internal Revenue Service will keep in place its moratorium on processing new employee retention credit claims because of rampant fraud, the agency’s commissioner told reporters Thursday, and will seek help from lawmakers before deciding on the... by usoftax_admin | Jun 20, 2024 | Tax News
A ballot measure that would make it more difficult to raise taxes in California would revise the state constitution and cannot be enacted by citizen initiative, the state’s highest court held Thursday in an opinion that ordered the measure struck from the... by usoftax_admin | Jun 20, 2024 | Tax News
Nebraska’s net general fund receipts for July through May came in $49 million below a budget projection, according to a monthly report by the state Department of Revenue. by usoftax_admin | Jun 20, 2024 | Tax News
Five people who played roles in a value-added tax fraud scheme involving the trade of luxury cars and medical face masks that caused over €52 million ($55.7 million) in losses were convicted by a Berlin court, the European Public Prosecutor’s Office announced...