by usoftax_admin | May 16, 2024 | Tax News
The government must produce emails between Internal Revenue Service managers and a former contractor who leaked thousands of wealthy people’s tax returns, a Florida federal judge ordered, saying the materials are relevant to a billionaire’s case accusing... by usoftax_admin | May 16, 2024 | Tax News
The Internal Revenue Service canceled a planned public hearing on proposed regulations affecting an exclusion from partnership tax rules. by usoftax_admin | May 16, 2024 | Tax News
The U.S. Treasury Department provided additional safe harbors Thursday that clean energy project developers can use to qualify for bonus tax credits for domestically sourcing their steel and aluminum parts in response to the Biden administration’s new trade... by usoftax_admin | May 15, 2024 | Tax News
The man in charge of a Connecticut strip club and two of his associates operated the business as a brothel, took payments for “commercial sex acts,” lied to secure a $150,000 federal COVID-19 relief grant, and hid $5.7 million in income from the IRS,... by usoftax_admin | May 15, 2024 | Tax News
States could apply the highest, lowest or a blended state and local tax rate inside a five-digit ZIP code area to sales of digital goods when buyers aren’t required to provide their full address under a proposal given preliminary approval Wednesday by the... by usoftax_admin | May 15, 2024 | Tax News
The former chief financial officer of a Russian gas company who was sentenced to seven years in prison for hiding money in Swiss banks can’t escape the government’s civil suit seeking nearly $44 million in reporting penalties, a Florida federal judge ruled...