by usoftax_admin | May 14, 2025 | Tax News
The House Budget Committee has scheduled a Friday vote on legislation that would combine the House Ways and Means Committee’s $3.8 trillion tax bill with the work of other House committees as part of the fiscal 2025 budget reconciliation bill. by usoftax_admin | May 14, 2025 | Tax News
Four lake homeowners and an association have amended a suit against local governments in the Menominee reservation in northern Wisconsin, claiming the tribe has sought to grow the amount of tax-exempt land while leaving owners of taxable homes to pay more than their... by usoftax_admin | May 14, 2025 | Tax News
A decision by the Ninth Circuit in Island Industries v. Sigma Corp. could result in the U.S. Court of International Trade’s exclusive jurisdiction over trade-related FCA cases, a big shift in the enforcement landscape just as tariffs take center stage in trade policy,... by usoftax_admin | May 14, 2025 | Tax News
Marathon Petroleum pushed back against the government’s bid to end part of a lawsuit seeking hundreds of millions of dollars in tax refunds for its alternative fuel mixtures, telling an Ohio federal court that contrary to the government’s claims, butane is... by usoftax_admin | May 14, 2025 | Tax News
Following the Financial Crimes Enforcement Network’s recent changes to beneficial ownership information reporting under the federal Corporate Transparency Act — dramatically reducing the number of companies required to make disclosures — the utility of New... by usoftax_admin | May 14, 2025 | Tax News
A former payroll company owner pled guilty to embezzling from her clients and failing to pay employee withholdings to the IRS on their behalf. by usoftax_admin | May 14, 2025 | Tax News
António Queiroz Martins and Carolina Braga Andrade of Morais Leitão, Galvão Teles, Soares da Silva & Associados explain the application of the rules in Portugal as the country helps lead global tax reform by usoftax_admin | May 14, 2025 | Tax News
A recent decision underlines that Indian courts are more willing to look beyond just legal compliance and examine whether foreign investment structures have real business substance by usoftax_admin | May 13, 2025 | Tax News
The Pennsylvania Supreme Court on Tuesday weighed if a law empowering the state’s environmental regulator equated to securing legislative approval to join a multistate Regional Greenhouse Gas Initiative, with the state justices noting Pennsylvania is the only... by usoftax_admin | May 13, 2025 | Tax News
The House Republicans’ $3.8 trillion tax bill, which would make permanent many of the tax cuts for businesses and individuals that were passed in the 2017 overhaul law, is too costly and benefits the wealthy, Democrats on the House Ways and Means Committee said...