by usoftax_admin | Jan 13, 2025 | Tax News
PepsiCo operated a shell company as part of a scheme that resulted in its Illinois income tax bill for its Frito-Lay unit being deficient nearly $10.9 million, a state circuit court ruled. by usoftax_admin | Jan 13, 2025 | Tax News
A chief hearings officer for former Cook County Assessor Joseph Berrios’ office accepted bribes, including from a law firm’s tax consultant, when handling a property assessment appeal, a new lawsuit in Illinois federal court alleges. by usoftax_admin | Jan 13, 2025 | Tax News
The U.S. Supreme Court should deny the federal government’s emergency application to stay a Texas district court’s injunction on a law aimed at cracking down on crimes committed with shell companies, according to numerous state attorneys general and... by usoftax_admin | Jan 13, 2025 | Tax News
Virginia would give a credit to some residents for car tax payments, get rid of the tax on tips and extend a higher standard deduction into next year under a proposal outlined Monday by Republican Gov. Glenn Youngkin. by usoftax_admin | Jan 13, 2025 | Tax News
A global tax services provider asked a Texas federal court to vacate finalized tax rules requiring the reporting of certain transactions involving captive insurance companies deemed as potentially abusive, arguing the guidance goes beyond the agency’s...