by usoftax_admin | Mar 13, 2024 | Tax News
Two former software executives in North Carolina took the stand Monday in the government’s tax fraud trial against them, where they portrayed a company in extreme distress as hundreds of thousands of dollars in employment taxes went unpaid and their personal... by usoftax_admin | Mar 12, 2024 | Tax News
Donald Trump’s attorneys told a New York judge they will argue that he lacked intent to commit the felonies alleged in his hush money case because the former president knew he had attorneys involved in the payoffs to women during his 2016 election campaign, but... by usoftax_admin | Mar 12, 2024 | Tax News
Ireland’s tax office wrongfully denied a company €27.8 million ($30.4 million) in tax deductions it had claimed for royalty withholding tax imposed on its income by foreign jurisdictions, the country’s Tax Appeals Commission said in a determination... by usoftax_admin | Mar 12, 2024 | Tax News
Ohio’s general revenue fund receipts from July through February were $375 million lower than budget forecasts, according to a monthly report by the state’s Office of Budget and Management. by usoftax_admin | Mar 12, 2024 | Tax News
The Internal Revenue Service will likely propose rules that would provide additional guidance to partnerships for determining taxable income or loss with respect to certain affiliates that conduct business in a foreign currency, an agency official said Tuesday. by usoftax_admin | Mar 12, 2024 | Tax News
New York lawmakers proposed temporarily increasing income tax rates on individuals and corporations with more than $5 million of income in budget proposals the chambers released Tuesday, rebuking Gov. Kathy Hochul’s pledge not to raise taxes that could drive...