by usoftax_admin | Apr 15, 2024 | Tax News
A New York couple who fell victim to Bernie Madoff’s Ponzi scheme were properly denied a theft loss deduction because they did not own the assets that were stolen, the U.S. Tax Court ruled Monday. by usoftax_admin | Apr 15, 2024 | Tax News
A new secretary of the Wisconsin Department of Revenue has been appointed by the governor and will begin April 29, the governor announced in a news release Monday. by usoftax_admin | Apr 15, 2024 | Tax News
The Ninth Circuit will hear Hunter Biden’s argument that a California federal judge wrongly rejected requests by his defense team to toss a criminal tax case that Biden has claimed is politically motivated and vindictive, according to a notice filed... by usoftax_admin | Apr 15, 2024 | Tax News
The Internal Revenue Service is waiving penalties for failure to make estimated quarterly payments of the corporate alternative minimum tax through at least April 15, the agency said Monday. by usoftax_admin | Apr 15, 2024 | Tax News
The Internal Revenue Service “generally followed” Freedom of Information Act protocols for redacting taxpayer information from October 2022 to March 2023 — a considerable improvement from past reports, the Treasury Inspector General for Tax Administration... by usoftax_admin | Apr 15, 2024 | Tax News
The guidelines have been established in the wake of multiple tax scandals and controversies that have rocked the accounting profession