by usoftax_admin | May 8, 2024 | Tax News
A Virginia taxpayer that owns more than 10% of a limited partnership’s interest is still not entitled to an alternate apportionment method, the state tax commissioner said in a letter ruling. by usoftax_admin | May 8, 2024 | Tax News
California would levy its 7.25% state sales and use tax on large online companies with digital advertising revenue above $2.5 billion and use the tax revenue to fund a credit regime for local news outlets under a bill passed by a Senate committee Wednesday. by usoftax_admin | May 8, 2024 | Tax News
A Minnesota man was sentenced in federal court to 108 months in prison and told to pay more than $4.7 million in restitution for running a scheme that led to the filing of false tax returns that caused roughly $6.7 million in tax losses, the U.S. Department of Justice... by usoftax_admin | May 8, 2024 | Tax News
An Indiana youth center was correctly denied a religious tax exemption because the property is used to the benefit of the adopted children of the organization’s founder, the state Board of Tax Review said in a decision published Wednesday. by usoftax_admin | May 8, 2024 | Tax News
Louisiana residents who have joined in a class action seeking damages from deferred solar panel tax credits that were capped annually must amend their claims to include tax violations, the state Board of Tax Appeals said.