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Carlton Fields Adds Former Tax Law Professor In Atlanta

by usoftax_admin | Mar 25, 2025 | Tax News

Carlton Fields has brought on a former tenured professor at Georgia State University College of Law to its team in Atlanta, strengthening its tax and business transactions practices with an attorney experienced in nonprofit law, tax and business matters, the firm...

Justices’ False Statement Ruling Curbs Half-Truth Liability

by usoftax_admin | Mar 25, 2025 | Tax News

The U.S. Supreme Court’s recent Thompson v. U.S. decision clarified that a federal statute used to prosecute false statements made to bank regulators only criminalizes outright falsehoods, narrowing prosecutors’ reach and providing defense counsel a stronger basis to...

SC Clarifies Sales Tax Application For Inventory Withdrawals

by usoftax_admin | Mar 25, 2025 | Tax News

South Carolina imposes sales and use tax on items that wholesale purchasers withdraw from their own inventory, the state Department of Revenue clarified in a revenue ruling released Tuesday. 

Colo. Senate Panel OKs Tax Credit To Draw Sundance Festival

by usoftax_admin | Mar 25, 2025 | Tax News

A proposal for a tax credit aimed at attracting the Sundance Film Festival to Colorado was advanced Tuesday by a state Senate committee as supporters continued to tout the expected economic boost should the event move to the state.

Kan. Senate OKs Cuts To Income, Privilege Tax Rates

by usoftax_admin | Mar 25, 2025 | Tax News

Kansas would decrease its income and privilege tax rates if the state meets certain general revenue fund goals under a bill passed in the state Senate and received in the state House of Representatives.
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