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Minn. Biz Groups Pan Social Media Tax In Senate Omnibus Bill

by usoftax_admin | May 7, 2025 | Tax News

Minnesota business groups on Wednesday criticized tax hikes in an omnibus bill floated by a state Senate panel, including a tax on data collection by large social media companies that could raise $334 million.

11th Circ. Backs Frivolous Argument Ruling Against Teacher

by usoftax_admin | May 7, 2025 | Tax News

A Georgia high school teacher who claimed that he didn’t have to pay taxes on his salary and that income taxes are unconstitutional must pay $25,000 in court sanctions under an Eleventh Circuit ruling affirming a U.S. Tax Court decision.

Don’t Scrap US-China Tax Treaty, Biz Groups Tell Treasury

by usoftax_admin | May 7, 2025 | Tax News

Business lobbying groups have urged the U.S. Treasury Department to reject the White House’s plans to scrutinize the U.S.-China tax treaty, warning that scrapping the accord would lead to higher Chinese taxes on U.S. companies.

NY Eyes Injunction Against Feds In Congestion Price Fight

by usoftax_admin | May 7, 2025 | Tax News

New York transportation agencies have asked a federal judge to block the U.S. Department of Transportation from following through on its threat to withhold federal funding for Manhattan roadway projects if the Empire State doesn’t halt congestion pricing.

Feds Seek 13 Years In Avenatti’s California Resentencing

by usoftax_admin | May 7, 2025 | Tax News

California federal prosecutors asked a judge Wednesday to sentence Michael Avenatti to 160 months in prison for tax fraud and stealing from clients, to be served atop the five-year term imposed in a pair of New York cases where Avenatti was convicted of trying to...
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