Specialty Group: TAG Tax

NFTs are fast becoming the latest phenomenon in the world of crypto assets and are rarely out of the news these days. In the wake of his infamous civil suit this year, it was reported that Johnny Depp donated his NFT ear ...

The IRS has issued guidance to taxpayers regarding claiming the alternative fuel tax credits for the first three quarters of 2022. IRS Notice 2022-39 provides as follows: Alternative Fuel Credit. A one-time claim must ...

On August 16, 2022, President Biden signed the Inflation Reduction Act (IRA), which is a scaled back version of the Build Back Better Bill in play last fall. The IRA contains a handful of federal revenue raising provisio ...

Goods and Services Tax Alert Summons not to be issued to Managing Director, CEO, CFOs of companies routinely By the recent Guidelines for issuance of summons under Section 70 of the CGST Act – Instruction 03/2022-23 ...