by usoftax_admin | Feb 22, 2024 | Tax News
The former office manager for a family-owned construction business in Connecticut must serve 24 months in prison for stealing nearly $1 million from her employer through a yearslong embezzlement scheme and failing to pay taxes on the money, a federal judge has... by usoftax_admin | Feb 22, 2024 | Tax News
The former head of troubled real estate firm HFZ Capital Group has pled not guilty in New York state court to dozens of criminal charges alleging he spearheaded a series of theft and tax fraud schemes that netted more than $86 million in total. by usoftax_admin | Feb 22, 2024 | Tax News
Spain can reclaim the financial benefits given to beneficiaries of a tax scheme that gave illegal state aid to purchasers of ships built in Spanish shipyards, the European Union’s General Court has ruled. by usoftax_admin | Feb 22, 2024 | Tax News
Louisiana manufacturers no longer need to create or retain jobs to qualify for a lucrative property tax abatement program under an executive order the state’s governor released Thursday that also dilutes the input that local governments have over the... by usoftax_admin | Feb 22, 2024 | Tax News
The U.S. Treasury Department and Internal Revenue Service flouted congressional intent in proposed rules for the advanced green energy manufacturing tax credit by putting forth production cost exclusions, including for direct and indirect material costs, businesses... by usoftax_admin | Feb 22, 2024 | Tax News
The Pillar Two international minimum tax agreement involves calculations that could trigger long-standing U.S. rules that are designed to prevent companies from what is known as double-dipping the same economic loss, raising questions about how upcoming regulations...