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New IRS Unit Will Seek Quicker Tax Dispute Resolutions

by usoftax_admin | Apr 24, 2024 | Tax News

The Internal Revenue Service’s Independent Office of Appeals has created an alternative dispute resolution unit that will work with the agency’s business operating divisions to help taxpayers resolve tax disputes sooner and more effectively, the IRS...

Treasury Limits Reach Of Look-Through Rule In Final Regs

by usoftax_admin | Apr 24, 2024 | Tax News

The U.S. Treasury Department finalized regulations Wednesday that retain but narrow the scope of a proposal to, in a manner of speaking, look through the corporate owners of real estate investment entities to determine whether they are domestically controlled.

IRS Followed Protocol In Choosing Higher IT Bid, GAO Says

by usoftax_admin | Apr 24, 2024 | Tax News

The Internal Revenue Service reasonably assessed proposals for information technology engineering services before choosing an offer that was higher than others, the Government Accountability Office found.

4 Ways To Refresh Your Law Firm’s Marketing Strategy

by usoftax_admin | Apr 24, 2024 | Tax News

With many BigLaw firms relying on an increasingly obsolete marketing approach that prioritizes stiff professionalism over authentic connection, adopting a few key communications strategies to better connect with today’s clients and prospects can make all the...

TIGTA Helps Stop $3.5B Pandemic Credit Scam, Agency Says

by usoftax_admin | Apr 24, 2024 | Tax News

The Treasury Inspector General for Tax Administration, in conjunction with the Internal Revenue Service, has cracked down on a scheme where individuals potentially improperly claimed $3.5 billion in coronavirus relief tax credits, the office said Wednesday.

4 Things Attys Should Know About NJ’s $56M Spending Plan

by usoftax_admin | Apr 23, 2024 | Tax News

New Jersey Gov. Phil Murphy has crafted a spending plan that furthers his vision of the state as an innovator in offshore wind and artificial intelligence, while drawing pushback for a proposed corporate transit fee and warehouse tax.
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