by usoftax_admin | Nov 27, 2024 | Tax News
An election night when voters sent former President Donald Trump back to the White House for a second term also yielded some key decisions on state and local tax ballot measures, making November a highly consequential month in the state and local tax world. Here,... by usoftax_admin | Nov 27, 2024 | Tax News
A Georgia couple whose challenge of a 2019 tax collection was denied by both the U.S. Tax Court and a D.C. Circuit panel is asking for the full appellate court to reconsider its ruling. by usoftax_admin | Nov 27, 2024 | Tax News
Michigan would bar local governments from imposing caps on annual property tax revenue that require an automatic rate reduction as part of a bill introduced in the state House of Representatives. by usoftax_admin | Nov 27, 2024 | Tax News
The United Nations General Assembly voted Wednesday in favor of beginning formal negotiations on a global tax convention next year with the goal of finishing in 2027, a proposal that was led by the body’s African bloc and won support from 125 countries. by usoftax_admin | Nov 27, 2024 | Tax News
An 86-year-old former professor cannot claim that his $545,000 penalty for failing to report foreign bank accounts violates the Eighth Amendment, the U.S. told a federal court, saying the penalty is neither excessive nor a fine, and that he never raised the argument...