by usoftax_admin | May 28, 2024 | Tax News
An attorney licensed in Wisconsin has been sentenced to 5½ years in federal prison and ordered to pay around $2.3 million in restitution for her involvement in multiple fraud schemes, the U.S. Department of Justice announced Tuesday. by usoftax_admin | May 28, 2024 | Tax News
The IRS has unfairly delayed paying a home healthcare service in Pennsylvania more than $1.1 million in pandemic-era employee retention tax credits while the agency claims to be checking that the business doesn’t owe taxes, the company told a federal... by usoftax_admin | May 28, 2024 | Tax News
The U.S. Department of Justice’s recent proposal to move cannabis to Schedule III of the Controlled Substances Act provides certain benefits, but its failure to address how the rescheduling would interact with existing state cannabis laws disappointed industry... by usoftax_admin | May 28, 2024 | Tax News
The Internal Revenue Service and four international tax authorities issued an advisory to financial institutions on the dangers of cryptocurrency in relation to tax evasion, money laundering and other illicit activities, identifying certain risk factors worth their... by usoftax_admin | May 28, 2024 | Tax News
Mayer Brown LLP has rehired a tax partner from Latham & Watkins LLP, who joins the firm in Washington, D.C., to continue working with clients to best utilize renewable energy tax credits, the firm announced Tuesday. by usoftax_admin | May 28, 2024 | Tax News
One partner believes pillar two legislation will come, while another tells ITR it depends on the country’s future political makeup