by usoftax_admin | Jun 26, 2024 | Tax News
A European court on Wednesday once again dismissed a 2014 challenge to the European Commission’s move to block a Spanish tax scheme benefiting Spanish shipbuilders and their suppliers. by usoftax_admin | Jun 26, 2024 | Tax News
Connecticut would change how it values and taxes motor vehicles, exempt some businesses from interest on certain tax underpayments and change the calculation of assessments on insurance companies under emergency-certified omnibus legislation the state Senate passed... by usoftax_admin | Jun 26, 2024 | Tax News
The U.S. Supreme Court’s upholding of the federal repatriation tax could indirectly affect state tax policy discussions, including by influencing consideration of wealth taxes and encouraging states to keep potential due process issues in mind when enacting tax... by usoftax_admin | Jun 26, 2024 | Tax News
A Minnesota eye doctor and his wife overstated their income on their joint tax return, as they declared pay that they never actually received from their corporation in the form of unsigned checks, the U.S. Tax Court said in an opinion released Wednesday. by usoftax_admin | Jun 26, 2024 | Tax News
The Internal Revenue Service will send settlement offers next month to some taxpayers who participated in syndicated conservation easement deals that the agency is auditing, it announced Wednesday.