by usoftax_admin | May 9, 2024 | Tax News
The U.S. Department of the Treasury has said it is prohibiting the practice known as chaining that links two new ways to monetize clean energy tax credits, but recent final rules governing the two methods left the door open to possible exceptions. by usoftax_admin | May 9, 2024 | Tax News
President Joe Biden nominated three attorneys Thursday to serve as judges on the U.S. Tax Court, including a housing attorney who specializes in federal low-income housing tax credits, a legislative counsel for the Joint Committee on Taxation and an IRS... by usoftax_admin | May 9, 2024 | Tax News
U.S. pension plans accused by Denmark’s tax authority of committing $2.1 billion in fraud against the European country by taking illegal refunds on dividends asked a New York federal court to reject the authority’s request to depose a witness who pled... by usoftax_admin | May 9, 2024 | Tax News
The Internal Revenue Service expects to “begin in earnest” this year on final regulations for partnerships that hold stock in passive foreign investment companies, including guidance that would treat partnerships as an aggregate of their partners, an... by usoftax_admin | May 9, 2024 | Tax News
Chamberlain Hrdlicka White Williams & Aughtry PC has rehired one of its former tax attorneys, who joins the firm in Atlanta after working at a tax law-focused boutique, the firm announced Wednesday. by usoftax_admin | May 9, 2024 | Tax News
The Internal Revenue Service issued the inflation-adjusted amounts Thursday for health savings accounts for 2025 as well as the maximum amount that may be made available for excepted benefit health reimbursement arrangements.