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Week in Insights: Figuring Out How to Quiet the Noise
This week, our experts covered topics ranging from Disney’s special taxing district to Donald Trump’s alleged tax fraud. For a look at the latest commentary and analysis, check out our weekly roundup.
Tupperware Brands Sees ‘Substantial’ Going-Concern Doubt
Tupperware Brands takes action to improve capital structure, liquidity position.
BurgerFi Misled About ‘Pizza and Wings’ Acquisition, Suit Says
BurgerFi International Inc. overstated the success of its mergers strategy, resulting in a drop in stock price, an investor says in a class action alleging violations of federal securities laws.
HP Investors Win Nod of $10.5 Million Revenue Model Settlement
IRS Issues Revised Form 3115 for Changes in Accounting Methods
The IRS has issued a revised version of the form and instructions that taxpayers use to apply for changes in accounting methods, incorporating a variety of changes that the agency has made in recent years.
It’s Tax Season! Here Come the ‘Leech Brands’: Ben Schott (1)
Happy tax season to all who celebrate! Which is (or should be) everyone. But as you strive to do your civic duty (under penalty of perjury) ponder this: Just 2.4% of the 104 million US taxpayers eligible to use the IRS Free File Program did so in 2020. And more than 14 million of the lowest-paid Americans may have paid unnecessary commercial fees to file their 2019 taxes.
Federal Circuit Won’t Revive ‘Abstract’ Sales Software Patents
The Federal Circuit refused Friday to revive three invalidated patents held by business-analytics firm People.ai Inc., affirming that the technology covering customer account management is abstract.
