by usoftax_admin | Sep 24, 2024 | Tax News
Gas and electricity used in a landlord’s New York state apartment buildings, including common areas, are eligible for a sales tax exemption for residential energy sales, the state tax department said in an opinion released Tuesday. by usoftax_admin | Sep 24, 2024 | Tax News
New York’s sales tax isn’t levied on a business that maintains an online directory listing people who represent claimants seeking disability benefits, the state Department of Taxation and Finance said in an opinion released Tuesday. by usoftax_admin | Sep 24, 2024 | Tax News
A Seattle cannabis company that was administratively dissolved this year is entitled to roughly $1.4 million in tax credits for continuing to pay employees when its business dropped off during the COVID-19 pandemic, the company’s receivership estate told a... by usoftax_admin | Sep 24, 2024 | Tax News
The IRS opted to use existing tax rules in proposed guidance to address risks that the U.S. corporate alternative minimum tax could count offshore income twice, an agency official said Tuesday, noting a more precise method would increase complexity. by usoftax_admin | Sep 24, 2024 | Tax News
A New York business that offers users personalized astrological birth-chart readings is not subject to tax because its services aren’t taxable information services, the state tax department said in a ruling released Tuesday.