by usoftax_admin | May 31, 2024 | Tax News
Colorado created a child tax credit worth about $700 million annually under legislation signed Friday by Democratic Gov. Jared Polis. by usoftax_admin | May 31, 2024 | Tax News
Louisiana will require the state’s Department of Revenue to send notices to taxpayers outside the U.S. through first-class international mail with electronic delivery confirmation under a bill signed by the governor. by usoftax_admin | May 31, 2024 | Tax News
When the IRS determines that a company’s payments to its foreign captive insurer were not for actual insurance, the agency can assert a 30% tax on the captive for the income it received under the arrangement, the IRS chief counsel’s office said in a memo... by usoftax_admin | May 31, 2024 | Tax News
From Mississippi’s long walk toward repealing its personal income tax to a welcome stroke for open government in Kentucky, RSM’s David Brunori offers his thoughts on noteworthy state and local tax news. by usoftax_admin | May 31, 2024 | Tax News
Louisiana will create a temporary rebate program for sales tax paid by companies for equipment, material or machinery purchased for lithium recovery projects as part of a bill signed by the state’s governor.