by usoftax_admin | May 15, 2025 | Tax News
HM Revenue & Customs will have a regulatory basis to grant businesses canceling their value-added tax registration extensions for submitting their final tax return documents under a new measure, codifying a practice it routinely carries out now through... by usoftax_admin | May 15, 2025 | Tax News
The U.S. Tax Court said Thursday that it will not review a nearly $121,000 levy the Internal Revenue Service issued against a Massachusetts man, saying that it received his petition 194 days after the 30-day period to seek review in the court. by usoftax_admin | May 15, 2025 | Tax News
The Ohio tax appeals board didn’t err in determining that a couple’s home was correctly assessed at $450,000 based on its 2020 sale price, a state appeals court said in an opinion released Thursday. by usoftax_admin | May 15, 2025 | Tax News
The Internal Revenue Service on Thursday reopened the comment period for proposed rules that would require U.S. multinational companies to create annual shareholder accounts and adhere to new pooling concepts to properly account for previously taxed earnings and... by usoftax_admin | May 15, 2025 | Tax News
Texas will exempt security exchange operators from the state’s franchise tax under a bill signed by Gov. Greg Abbott.