by usoftax_admin | Jul 17, 2024 | Tax News
Owners of a commercial fishing and boat fabrication business in Oregon are permitted adjustments to their 2018 income and expense deductions, the state tax court said, allowing a deduction for boat depreciation and some per diem expenses. by usoftax_admin | Jul 17, 2024 | Tax News
A water services company operating in New Jersey told the state’s tax court that the Division of Taxation erred in denying its attempt to exclude $25 million in intercompany dividends for tax years 2017 and 2018, because the amounts were wrongly included in its... by usoftax_admin | Jul 17, 2024 | Tax News
The Walt Disney Co. joined IBM in asking the U.S. Supreme Court for more time to file a petition for review of a New York high court decision that upheld tax on royalties received from foreign affiliates. by usoftax_admin | Jul 17, 2024 | Tax News
South Carolina’s 5% amusement tax doesn’t apply to monthly and annual membership dues paid to golf clubs, the state’s Department of Revenue clarified in an opinion. by usoftax_admin | Jul 17, 2024 | Tax News
Connell Foley LLP strengthened its tax and estate team this week with the promotion of several attorneys up to partner and the addition of a mergers and acquisitions and corporate restructuring tax expert previously of counsel at Wilson Elser Moskowitz Edelman &...