AvatarBloomberg LawFlipboardIcon version of the Flipboard logo6 hours agoInside Government Crackdown on Corporate Jet Tax Abuse (Podcast)bloombergtax.com - Erin SchillingThe corporate jet industry is the latest to be targeted by the government’s efforts to make the rich pay the taxes they owe. Listen here and subscribe …
AvatarBloomberg LawFlipboardIcon version of the Flipboard logo20 hours agoDisney Ends Long-Running Feud With DeSantis Over Board Power (2)bloombergtax.com - Felipe MarquesA board appointed by Ron DeSantis has voted to settle a lawsuit with Walt Disney Co., effectively ending an almost year-long legal battle between the …
AvatarBloomberg LawFlipboardIcon version of the Flipboard logo20 hours agoHigh Court Signals Doubt Over Estate Insurance Tax Treatment (1)bloombergtax.com - John WoolleyUS Supreme Court justices appeared skeptical of an estate’s bid to challenge its $1 million tax deficiency on the grounds that the IRS overvalued the …
AvatarBloomberg LawFlipboardIcon version of the Flipboard logo2 days agoAthene-Linked Pension Cases Strike at Need for New DOL Guidancebloombergtax.com - Austin R. RamseyLast year marked a record 773 corporate pension plans that opted to offload their funding liabilities in a practice known as pension risk transfer, a …
AvatarBloomberg LawFlipboardIcon version of the Flipboard logo2 days agoMaryland Lawmakers Eye Global Combined Reporting for Taxesbloombergtax.com - Angélica Serrano-RománMaryland could become the first state to adopt worldwide combined reporting for corporate taxes if a House of Delegates proposal survives skeptical …
AvatarBloomberg LawFlipboardIcon version of the Flipboard logo2 days agoAudit Plan to Flag Illegal Acts Needs Do-Over, Critics Chargebloombergtax.com - Amanda IaconeCritics of a draft rule requiring auditors to dig deeper into possible corporate lawbreaking urged the US accounting oversight board to scale back …
AvatarBloomberg LawFlipboardIcon version of the Flipboard logo2 days agoIRS Warns $1 Billion of 2020 Tax Refunds Remain Unclaimedbloombergtax.com - Erin SloweyThe IRS is alerting taxpayers that they could soon miss their chance to get their 2020 refunds because more than $1 billion is still unclaimed. Almost …
AvatarBloomberg LawFlipboardIcon version of the Flipboard logo2 days agoTrump Vows to Pay Fraud Trial Bond Cut By 68% to $175 Millionbloombergtax.com - Erik LarsonDonald Trumpvowed to post a $175 million bond in New York’s civil fraud lawsuit after an appeals court slashed it by more than two thirds and handed …
AvatarBloomberg LawFlipboardIcon version of the Flipboard logo4 days agoWeek in Insights: Legal Tax Avoiders Are Just Playing the Gamebloombergtax.comCurated by Daniel Xu It seems there is a news story, based on a report from a think tank, about some major corporations or wealthy individuals paying …
AvatarBloomberg LawFlipboardIcon version of the Flipboard logo5 days agoSenate Clears $1.2 Trillion Bill to Prevent Government Shutdownbloombergtax.com - Erik WassonThe US Senate cleared a $1.2 trillion government funding bill early Saturday to avert a partial government shutdown after beating back efforts by …
AvatarBloomberg LawFlipboardIcon version of the Flipboard logo5 days agoTreasury Issues New Guidance on Energy Community Bonus Creditsbloombergtax.com - Caleb HarshbergerThe Treasury Department and IRS dropped new guidance Friday on the bonus credits available for clean energy projects in communities impacted by the …
AvatarBloomberg LawFlipboardIcon version of the Flipboard logo5 days agoIRS Rebuffed by Appeals Court on Mooting of Tax Collection Casebloombergtax.com - Aysha BagchiThe IRS can’t kill a taxpayer’s lawsuit challenging her tax bill by withholding the taxpayer’s refund and applying it to the disputed liability, a …