by usoftax_admin | May 20, 2024 | Tax News
The Internal Revenue Service should provide guidance on the definitions and applications of the 15% corporate alternative minimum tax, among other topics, the American Institute of Certified Public Accountants said in comments published by the agency Monday. by usoftax_admin | May 20, 2024 | Tax News
The owner of dozens of Domino’s Pizza restaurants was sentenced to a year in prison Monday and ordered to pay $2.5 million to the Internal Revenue Service after having admitted he filed false tax returns, the U.S. Department of Justice said. by usoftax_admin | May 20, 2024 | Tax News
Bipartisan support for the geothermal industry shows that geothermal energy can be an elegant solution toward global decarbonization efforts because of its small footprint, low supply chain risk, and potential to draw on the skills of existing highly specialized oil... by usoftax_admin | May 20, 2024 | Tax News
A Baker McKenzie attorney has dropped a public records lawsuit against the Internal Revenue Service that sought to compel the agency to turn over documents pertaining to its scrutiny of large partnerships. by usoftax_admin | May 20, 2024 | Tax News
Hunter Biden shouldn’t be allowed to delay his criminal tax trial in California just because his lead attorney says the dates run up against Biden’s upcoming trial in Delaware on firearms charges, the special counsel’s office told a federal... by usoftax_admin | May 20, 2024 | Tax News
Students would be able to use tax-advantaged educational savings accounts to cover transportation and parking costs under a bill introduced by a pair of Democrats in the House of Representatives.