by usoftax_admin | Jul 25, 2024 | Tax News
The Connecticut state tax commissioner’s levy of an additional tax on extended vehicle warranties connected to out-of-state vehicle sales is double taxation because the warranties are already taxed by the buyer’s home state, a Connecticut-based auto... by usoftax_admin | Jul 25, 2024 | Tax News
The Joint Chiefs of Global Tax Enforcement, an intergovernmental tax enforcement group, is investigating more than 30 active cybercrime cases tied to financial and tax criminal activities all over the world, the group announced Thursday in its first report. by usoftax_admin | Jul 25, 2024 | Tax News
Louisiana’s legislative leadership said Thursday that it won’t move forward with a special session to overhaul the state’s tax system in the near future, rebuffing a push from the governor to place sweeping changes to the state’s tax structure... by usoftax_admin | Jul 25, 2024 | Tax News
New Jersey will provide up to $500 million in tax credits to artificial intelligence businesses that make a capital investment of at least $100 million and create at least 100 full-time jobs under a bill Democratic Gov. Phil Murphy signed Thursday. by usoftax_admin | Jul 25, 2024 | Tax News
Commissioner Danny Werfel said the IRS is “reversing situations that have long hampered the IRS and frustrated taxpayers.” Treasury and the IRS announced continued improvements in digital systems, attributing those to funding from the Inflation Reduction...