Another Taxpayer Microcaptive Blowout Loss In Patel
Discusses Patel v. CIR, T.C. Memo. 2024-34 (March 26, 2024), where an Abilene doctor formed two microcaptives and later lost in tax court.
Source: forbes.com
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Top News In Thomas King Today - Breaking & Trending Today
Gas prices creep up amid rising oil prices due to mounting tensions between Russia and Ukraine
Tensions in the Middle East and in Ukraine are causing oil prices to rise, increasing the price at the pump.
Source: foxbusiness.com
Expect Dip in Off-Lease Availability, Rise in Wholesale CPO Prices
Drop in lease returns will likely drive up price of late-model used vehicles, says NADA’s Patrick Manzi.
Source: wardsauto.com
General Motors: GM's first-quarter US sales dip on lower commercial deliveries but beats Toyota, ET Auto
General Motors: GM's sales fell 1.5% to 594,233 units in the first three months of the year, while Japan's Toyota said U.S. sales rose 20% to 565,098 vehicles.
Source: indiatimes.com
US new vehicle sales likely rose in Q1, to extend recent streak
U.S. auto sales likely rose by a mid single-digit percentage in the first quarter, adding to gains made last year on sustained appetite for crossover SUVs, pickup trucks and better supply of new...
Source: marketscreener.com