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Colorado Extends Rural Jump-Start Tax Credits

by usoftax_admin | May 30, 2024 | Tax News

Colorado extended income tax credits for certain new businesses and new hires through 2030 under a bill signed by Democratic Gov. Jared Polis.

Mass. Foreclosure Law May Be Unconstitutional, Judge Says

by usoftax_admin | May 30, 2024 | Tax News

A Massachusetts law blocking towns and cities from returning excess funds from foreclosure sales may be an unconstitutional taking, a federal judge has said.

NY To Provide Sales Tax Break For Energy Storage Equipment

by usoftax_admin | May 30, 2024 | Tax News

New York will exempt receipts for retail sales of residential energy storage systems equipment from state and local sales and use taxes, effective Saturday, the state Department of Taxation and Finance said Thursday.

Mich. Total Revenue Through April Falls $590M From Last Year

by usoftax_admin | May 30, 2024 | Tax News

Michigan’s total general revenue from October through April was down $590 million compared with the same period last fiscal year, the state Budget Office said Thursday.

Ex-KPMG Manager Joins Davis+Gilbert As Tax Partner

by usoftax_admin | May 30, 2024 | Tax News

A former managing director at KPMG has joined New York law firm Davis+Gilbert LLP as a tax partner in its corporate and transactions practice, Davis+Gilbert announced.
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