by usoftax_admin | Mar 19, 2025 | Tax News
A pharmacist doing time for running a Kentucky pill mill doesn’t owe taxes on his forfeited retirement account, the Sixth Circuit ruled Wednesday, reversing a U.S. Tax Court decision that upheld what the appeals court described as an unexpected punishment. by usoftax_admin | Mar 19, 2025 | Tax News
An aerospace company’s founder, an attorney and other executives lied about a venture to launch billions of dollars in satellites so they could rake in millions from investors, according to an indictment in D.C. federal court that also charges the founder with... by usoftax_admin | Mar 19, 2025 | Tax News
Minnesota business groups criticized on Wednesday a provision in the governor’s budget proposal to expand the state sales tax to certain accounting, banking and legal services, telling a state Senate committee that it would hurt heavily taxed residents even... by usoftax_admin | Mar 19, 2025 | Tax News
Missouri’s state auditor faulted the state Department of Revenue for not auditing any cannabis tax returns since sales of medical cannabis began in 2020, saying the tax agency failed to establish a robust compliance environment for the filings. by usoftax_admin | Mar 19, 2025 | Tax News
Ulrika Badenfelt and Gustaf Fornmark of KPMG Sweden highlight several court rulings, ongoing disputes between regulatory authorities, and key compliance challenges before suggesting how multinational businesses can navigate a complex VAT and customs framework