by usoftax_admin | Dec 3, 2024 | Tax News
California would declare state lawmakers’ intent to amend the state constitution to limit the state and local governments’ power to raise taxes as part of a bill introduced in the Assembly. by usoftax_admin | Dec 3, 2024 | Tax News
A sale of limited liability company interest between business partners in California can’t be used to offset cancellation of debt income stemming from a Texas apartment complex that the LLC owned, the California Office of Tax Appeals ruled. by usoftax_admin | Dec 3, 2024 | Tax News
A California taxpayer isn’t entitled to a subtraction adjustment for pension and annuities earned outside the state, because the pension money put the taxpayer in a higher bracket, the state Office of Tax Appeals said in a ruling released Tuesday. by usoftax_admin | Dec 3, 2024 | Tax News
Fried Frank Harris Shriver & Jacobson LLP announced Tuesday that a Goodwin Procter LLP tax and business law partner has joined the firm and will serve as a partner in Fried Frank’s tax department in New York. by usoftax_admin | Dec 3, 2024 | Tax News
An early Bitcoin investor dubbed “Bitcoin Jesus” asked a California federal judge Tuesday to dismiss charges that he dodged approximately $48 million in taxes by filing false tax returns and concealing how much cryptocurrency he owned, arguing that the...