by usoftax_admin | Apr 30, 2024 | Tax News
Prepaid phone businesses are utilities and can be taxed as such under Washington state law, according to a state appeals court that had been posed such a question as part of a dispute between TracFone and a Seattle suburb. by usoftax_admin | Apr 30, 2024 | Tax News
The U.S. has charged an early bitcoin investor dubbed “Bitcoin Jesus” over allegations that he dodged approximately $48 million in taxes by filing false tax returns and concealing how much of the cryptocurrency he owned, according to an announcement from... by usoftax_admin | Apr 30, 2024 | Tax News
The IRS on Tuesday provided a comprehensive list of changes in tax accounting methods to which the automatic change procedures in Rev. Proc. 2015-13 apply. The list includes 21 changes described as significant. by usoftax_admin | Apr 30, 2024 | Tax News
A Multistate Tax Commission work group aiming to harmonize state tax rules for digital products continues to struggle with how to advise states on taxing business-to-business transactions associated with such projects, state officials said Tuesday. by usoftax_admin | Apr 30, 2024 | Tax News
House Ways and Means Committee Republicans pressed Treasury Secretary Janet Yellen on Tuesday on whether President Joe Biden would support the extension of the 2017 tax law’s expiring provisions, saying allowing them to end would cause tax hikes for low- and...