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DC To Require Federal Returns From Wealthier Taxpayers

by usoftax_admin | Mar 7, 2025 | Tax News

The District of Columbia will require individual and corporate taxpayers exceeding certain income thresholds to submit copies of their federal income tax returns along with their district returns, according to the district’s Office of Tax and Revenue.

SD General Fund Revenues Through Feb. Up $2M

by usoftax_admin | Mar 7, 2025 | Tax News

South Dakota’s general fund revenue from July through February beat estimates by nearly $2.2 million, according to a report by the state Bureau of Finance and Management.

Taxation With Representation: Kirkland, Wachtell, Skadden

by usoftax_admin | Mar 7, 2025 | Tax News

In this week’s Taxation With Representation, Walgreens Boots Alliance goes private via a deal with Sycamore Partners, Honeywell buys Sundyne from Warburg Pincus, and Jazz Pharmaceuticals acquires Chimerix.

DC Judge Declines To Block DOGE From Treasury Systems

by usoftax_admin | Mar 7, 2025 | Tax News

A D.C. federal judge on Friday declined to wall off access to the federal government’s payment systems from employees of the so-called Department of Government Efficiency during a lawsuit brought by retirees and union groups, determining the alleged privacy...

Immigrant Rights Groups Fight IRS Data Sharing With DHS

by usoftax_admin | Mar 7, 2025 | Tax News

Two Illinois-based immigrant and Latino rights groups filed a suit Friday seeking to block the Internal Revenue Service from disclosing the names and addresses of taxpayers with taxpayer identification numbers to the U.S. Department of Homeland Security and other...
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