by usoftax_admin | Mar 27, 2024 | Tax News
Two St. Louis attorneys and a North Carolina insurance agent can’t fall back on advice-of-counsel defenses during their upcoming tax fraud trial after a federal judge found that they had failed to follow court orders requiring them to hand over information about... by usoftax_admin | Mar 27, 2024 | Tax News
Louisiana would require a person who pays out the winnings for gambling and sports betting in the state to withhold state income tax under a bill passed in the House of Representatives. by usoftax_admin | Mar 27, 2024 | Tax News
The Senate report into PwC’s scandal is titled ‘The cover up worsens the crime’ by usoftax_admin | Mar 26, 2024 | Tax News
The appropriations act enacted over the weekend that kept the federal government from shutting down included $12.3 billion for the IRS, but also codified an agreed-upon $20 billion cut in money allocated by the Inflation Reduction Act. by usoftax_admin | Mar 26, 2024 | Tax News
Countries designed a new tax framework known as Amount B to streamline the pricing of certain cross-border operations, but the criteria for determining whether transactions qualify for the regime, which negotiators recently made optional, may complicate the goal of... by usoftax_admin | Mar 26, 2024 | Tax News
The U.S. Tax Court significantly reduced the value of a $23 million deduction taken by the members of a Delaware partnership Tuesday, instead allowing them $480,000 for the charitable donation of an easement.