by usoftax_admin | Apr 7, 2025 | Tax News
The Pennsylvania Supreme Court will open its three-day session in Pittsburgh Tuesday with arguments over how to weigh when a coworker or co-owner shares in an employer’s immunity from lawsuits under the state’s workers’ compensation law, and if... by usoftax_admin | Apr 7, 2025 | Tax News
Two partnerships cannot use a mortgage sale to foreclose on properties and wipe out the government’s $4 million tax lien on a couple’s real estate, the U.S. told a Washington federal court. by usoftax_admin | Apr 7, 2025 | Tax News
The U.S. Tax Court sided Monday with a founder of a line of knockoff baby products who claimed the company was worth about $10 million less than the IRS believed, saying the agency’s appraisal failed to consider the impact of his extramarital affair and an... by usoftax_admin | Apr 7, 2025 | Tax News
Minnesota Supreme Court justices pressed DuPont on Monday on its argument that the state revenue commissioner should have considered the gross receipts from currency hedging activities when determining the company’s income apportionable to the state. by usoftax_admin | Apr 7, 2025 | Tax News
President Donald Trump on Monday threatened an additional 50% tariff on Chinese imports entering the U.S., which would drive the total rate above 100%, if Beijing follows through on the retaliatory tariffs announced last week in response to Trump’s reciprocal... by usoftax_admin | Apr 7, 2025 | Tax News
An architect of the 2017 federal tax overhaul has been picked to serve as assistant secretary for legislative affairs at the U.S. Treasury Department, Treasury Secretary Scott Bessent said in announcing several appointments at the agency.