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Mo. Revenue Collection Drops $127M From Previous Year

by usoftax_admin | Oct 8, 2024 | Tax News

Missouri’s net revenue collection from July through September sank $127 million from the same period last fiscal year, according to a report by the state Department of Revenue.

SD Tax Revenues Through Sept. Down $10M From Forecast

by usoftax_admin | Oct 8, 2024 | Tax News

South Dakota’s general fund revenue from July through September trailed a budget estimate by $10 million, according to the state Bureau of Finance and Management.

Settlement Payments Not Deductible Alimony, 11th Circ. Told

by usoftax_admin | Oct 8, 2024 | Tax News

A divorced man who was ordered by a judge to make $3 million in payments on a past-due settlement to his ex-wife should not be allowed to shield them from tax, the U.S. government told the Eleventh Circuit, saying the payments don’t qualify as alimony.

7 Taxpayer Advocacy Panel Committees To Meet In November

by usoftax_admin | Oct 8, 2024 | Tax News

Seven Taxpayer Advocacy Panel committees will meet in November to discuss possible improvements to customer services, the Internal Revenue Service said Tuesday.

PwC tight-lipped on source of additional Australian CEO payments

by usoftax_admin | Oct 8, 2024 | Tax News

Kevin Burrowes’ extra A$1.2 million remuneration has been the source of parliamentary concern, but PwC shot down ITR’s requests to reveal where it comes from
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