by usoftax_admin | May 14, 2024 | Tax News
New modular homes would be exempt from Colorado’s sales and use taxes, saving taxpayers about $1 million annually, under legislation passed by lawmakers and heading to Gov. Jared Polis. by usoftax_admin | May 14, 2024 | Tax News
A pilot from Virginia accused of profiting from stock tips fed to him by British billionaire Joe Lewis on Tuesday copped to dodging taxes on $500,000 of income from Lewis’ company, in a plea deal that avoids an insider trading trial. by usoftax_admin | May 14, 2024 | Tax News
As courts handle increasingly complex damages analyses involving vast amounts of data, an economic clerkship program — integrating early-career economists into the judicial system — could improve legal outcomes and provide essential training to clerks, say Mona... by usoftax_admin | May 14, 2024 | Tax News
Marijauna’s reclassification as a Schedule III-controlled substance comes at a critical juncture, as removing marijuana from being subjected to Section 280E of the Internal Revenue Code is the only path forward for the state-regulated cannabis industry to... by usoftax_admin | May 14, 2024 | Tax News
An Internal Revenue Service supervisor’s sign-off on a transfer pricing penalty for Microsemi was “woefully inadequate” to meet statutory requirements for penalty approval, the semiconductor manufacturer told the U.S. Tax Court.