by usoftax_admin | May 7, 2025 | Tax News
Overtime income would remain subject to Colorado state income tax even if exempted at the federal level under legislation passed Wednesday by lawmakers that also limits the state’s enterprise zone tax credit and makes other tax changes. by usoftax_admin | May 7, 2025 | Tax News
The European Commission referred Greece to the Court of Justice of the European Union on Tuesday for noncompliance with the bloc’s rules regarding car taxation while also sending Sweden to the court over not bringing its income tax laws in line with EU... by usoftax_admin | May 7, 2025 | Tax News
While governmental units should welcome the U.S. Supreme Court’s recent decision in U.S. v. Miller restricting the reach of the Bankruptcy Code’s sovereign immunity waiver, Chapter 7 trustees now have a limited ability to maximize bankruptcy estates, says... by usoftax_admin | May 7, 2025 | Tax News
A couple who challenged what the Internal Revenue Service said was their more than $650,000 in tax debt provided no evidence that the number was wrong, the U.S. Tax Court said in a bench opinion released Wednesday. by usoftax_admin | May 7, 2025 | Tax News
Indiana delayed the start of its sales and use tax exemption for quantum computing projects and will establish a tax amnesty program under a budget bill signed by the state’s governor.