by usoftax_admin | Oct 10, 2024 | Tax News
A Michigan company is barred from appealing the denial of its industrial tax exemption because the case fell outside the state’s one-year statute of limitations, the state’s Court of Claims ruled. by usoftax_admin | Oct 10, 2024 | Tax News
The Internal Revenue Service announced nine U.S. Tax Court sessions in February and March and named calendar administrators for the sessions. by usoftax_admin | Oct 10, 2024 | Tax News
Michigan’s chief justice asked Thursday whether allowing Disney and the owner of IHOP to retain unclaimed property, which state officials say they should get after an audit, could hamper Michigan’s ability to participate in multistate audits that yield... by usoftax_admin | Oct 10, 2024 | Tax News
The projected federal gross tax gap between taxes owed and taxes paid for the 2022 tax year was $696 billion, a $12 billion decrease from 2021, according to a report published Thursday by the Internal Revenue Service. by usoftax_admin | Oct 10, 2024 | Tax News
The exemption for tangible investments from the global minimum tax known as Pillar Two should include certain mobile assets, such as ships and aircraft, the National Foreign Trade Council recommended.