by usoftax_admin | Feb 3, 2025 | Tax News
Top Senate Democrats on Monday railed against access granted to Elon Musk’s Department of Government Efficiency that allowed the outfit’s employees to tap into the U.S. Department of Treasury’s federal payment system over the weekend. by usoftax_admin | Feb 3, 2025 | Tax News
A half-cent sales tax approved by a simple majority of voters in a California county is a general tax, not a special tax, and thus not subject to requirements to be approved by two-thirds of the voters, a California appeals court panel ruled, upholding a trial court... by usoftax_admin | Feb 3, 2025 | Tax News
A Connecticut man failed to adequately back up his argument that he was entitled to nearly $85,000 in partnership losses tied to two businesses, the U.S. Tax Court said Monday, upholding an IRS determination that also hit him with an accuracy-related penalty. by usoftax_admin | Feb 3, 2025 | Tax News
A biopharmaceutical company is not eligible for refunds of sales and use taxes for components of a diabetes drug delivery system that it developed but was never federally approved, the California Office of Tax Appeals said in a ruling released Monday. by usoftax_admin | Feb 3, 2025 | Tax News
Texas Gov. Greg Abbott urged lawmakers to again overhaul the state’s property tax regime, saying he would support legislation that would provide at least $10 billion in tax relief. 