by usoftax_admin | Jun 11, 2024 | Tax News
The House’s top tax writer wants the Internal Revenue Service to revoke the tax-exempt status of a nonprofit Mideast-focused news outlet, telling Commissioner Daniel Werfel that the organization is aiding Hamas. by usoftax_admin | Jun 11, 2024 | Tax News
Sen. Bernie Sanders and Democratic lawmakers asked the Biden administration Tuesday to support the global minimum tax on billionaires being proposed by Brazil, which is encouraging the Group of 20 nations to endorse the initiative at its meetings next month. by usoftax_admin | Jun 11, 2024 | Tax News
Ohio general revenue fund receipts from July through May totaled roughly $1 billion less than expected, according to the state’s Office of Budget and Management. by usoftax_admin | Jun 11, 2024 | Tax News
Although the concept known as Chevron deference refers to federal agencies’ interpretations of ambiguous laws, state tax officials should be paying close attention to the outcome of two cases that could overturn or significantly weaken Chevron as soon as... by usoftax_admin | Jun 11, 2024 | Tax News
Kostelanetz LLP partners Bryan Skarlatos and Todd Welty discuss the firm’s recent combination with Atlanta boutique Welty PC. by usoftax_admin | Jun 11, 2024 | Tax News
The founder of a New York City charity embezzled $2.5 million in donations meant for low-income families and then failed to report the earnings to the Internal Revenue Service or pay tax on them, according to a criminal complaint unsealed Tuesday in New York federal...