by usoftax_admin | Mar 4, 2024 | Tax News
Allen Weisselberg, the longtime former financial chief of Donald Trump’s real estate business empire, admitted Monday to lying under oath in the New York attorney general’s civil fraud case as part of a plea deal to serve five months in jail. by usoftax_admin | Mar 2, 2024 | Tax News
A cellphone service provider is not responsible for withholding taxes on the income earned by its distributors, the Indian Supreme Court ruled. by usoftax_admin | Mar 1, 2024 | Tax News
In its first argument session of 2024, the Supreme Court of Pennsylvania will once again have seven justices on the bench, following last year’s elevation of Superior Court Judge Daniel D. McCaffery to fill the vacancy left by the death of former Chief Justice... by usoftax_admin | Mar 1, 2024 | Tax News
A single-member limited liability company operating as an Illinois retailer isn’t entitled to an exemption from tax collected on sales of aviation fuel to American Airlines and US Airways, and can’t claim a $162.7 million refund, a state appeals court... by usoftax_admin | Mar 1, 2024 | Tax News
An updated version of Australia’s draft ruling regarding the taxation of royalty income from certain software and other intellectual property transactions runs afoul of international standards, according to two industry groups. by usoftax_admin | Mar 1, 2024 | Tax News
The IRS’ recently released analysis, estimating a $851 billion return on the government’s $80 billion investment in the agency, represents a huge increase over its 2022 estimate and that of the Congressional Budget Office and may be best viewed as a best-case...