by usoftax_admin | May 1, 2024 | Tax News
The Eleventh Circuit on Wednesday affirmed the conviction of a Florida investment adviser who bilked more than $80 million from the hundreds of people he persuaded to invest in a fraudulent company, after concluding he was not in custody when he made statements to the... by usoftax_admin | May 1, 2024 | Tax News
A family trust established by grandparents for their five grandchildren asked the U.S. Supreme Court to review a Third Circuit ruling finding the trust was the nominee of an adult son with $16.2 million in tax liabilities, saying the decision stands to upset estate... by usoftax_admin | May 1, 2024 | Tax News
A scoreboard maker can’t include an executive’s compensation in its research tax credit claims, a Seventh Circuit panel ruled, agreeing with the U.S. Tax Court that there was no proof to show how much time he spent on research relevant for the... by usoftax_admin | May 1, 2024 | Tax News
As jurisdictions around the world continue to struggle with how to adequately tax the increasingly digital economy, they should look to expand their consumption taxes, not enact digital services taxes, the Tax Foundation said. by usoftax_admin | May 1, 2024 | Tax News
Ex NFL star and Super Bowl champion Bill Romanowski has filed for Chapter 11 protection in California after being slapped with a $15.5 million income tax suit. by usoftax_admin | May 1, 2024 | Tax News
Telecommunications giant Liberty Global urged the Tenth Circuit to revive the company’s $109 million tax refund bid, arguing a lower court rejected the claim by wrongly disregarding intercompany transactions that are permitted under legislation involving the...