by usoftax_admin | Apr 8, 2024 | Tax News
Minnesota is retroactively delaying a cut to its maximum income tax deduction for net operating losses under legislation signed into law Monday, correcting an error in a tax package enacted last year. by usoftax_admin | Apr 8, 2024 | Tax News
The U.S. Tax Court sided with the Internal Revenue Service on Monday in finding there had been no abuse of discretion when the agency rejected a “partial pay” installment agreement from a Pennsylvania man. by usoftax_admin | Apr 8, 2024 | Tax News
If the U.S. Supreme Court doesn’t reject the taxpayers’ misguided claims in Moore v. U.S. that the mandatory repatriation tax is unconstitutional, it could wreak havoc on our system of taxation and result in a catastrophic loss of revenue for the... by usoftax_admin | Apr 8, 2024 | Tax News
A Virginia woman who failed to timely dispute a collection action could not prove she was entitled to equitable tolling, the U.S. Tax Court ruled Monday. by usoftax_admin | Apr 8, 2024 | Tax News
A newly retired chief of the Internal Revenue Service’s law enforcement arm is taking his skills to blockchain analytics firm Chainalysis, where he’ll help federal agencies and crypto firms leverage Chainalysis’ data and solutions to combat financial... by usoftax_admin | Apr 8, 2024 | Tax News
A pessimistic mindset allows attorneys to be effective advocates for their clients, but it can come with serious costs for their personal well-being, so it’s crucial to exercise strategies that produce flexible optimism and connect lawyers with their core values, says...