by usoftax_admin | Apr 3, 2024 | Tax News
A New Jersey tax preparer has been indicted over what prosecutors are calling a yearslong scheme in which he filed more than 1,600 bogus tax forms seeking over $150 million in COVID-related employment tax credits for his clients and his own businesses that they... by usoftax_admin | Apr 3, 2024 | Tax News
A New York judge on Wednesday rejected Donald Trump’s effort to delay his hush money trial based on his claimed presidential immunity from criminal prosecution, keeping the historic case on track for jury selection later this month. by usoftax_admin | Apr 3, 2024 | Tax News
The state of Colorado has told a state judge no trial is needed to resolve a conservative group’s challenge to a transportation funding law or further “develop the record,” arguing that the group had its chances in discovery but only named a single... by usoftax_admin | Apr 3, 2024 | Tax News
A large contact lens distributor that contributed operating assets to another distributor in exchange for a 55% interest and then sold that interest created a unitary relationship and its members owe $3.6 million to California in tax on the sale, the state Office of... by usoftax_admin | Apr 3, 2024 | Tax News
The Internal Revenue Service is again pressing the U.S. Tax Court to rule that it followed supervisory approval requirements when it imposed nearly $28 million in penalties against semiconductor manufacturer Microsemi in a transfer pricing dispute. by usoftax_admin | Apr 3, 2024 | Tax News
A Kansas-based soap company asked the Ohio Supreme Court to find that Ohio’s attempt to tax all receipts from sales of products temporarily held in Ohio distribution centers before being shipped elsewhere violates the due process and commerce clauses of the U.S....