by usoftax_admin | Nov 25, 2024 | Tax News
The Australian producer of a basketball shoe cannot count its activities as research and development for tax purposes because of a lack of details on the shoe’s development, the Federal Court of Australia ruled Monday, upholding a lower-court ruling. by usoftax_admin | Nov 25, 2024 | Tax News
The Moore Tax Law Group has brought on a former trial attorney for the U.S. Department of Justice, Tax Division, the firm announced. by usoftax_admin | Nov 25, 2024 | Tax News
The U.S. Supreme Court decision that scrapped the physical presence requirement for sales tax responsibilities bolsters a New York regulation that outlines when internet activities from out-of-state businesses exceed a federal law’s protections against state... by usoftax_admin | Nov 25, 2024 | Tax News
California Gov. Gavin Newsom on Monday said that he’s preparing to save electric vehicle tax credits — at least for residents of his state — if the Trump administration and a Republican Congress eliminate federal ones. by usoftax_admin | Nov 25, 2024 | Tax News
A Pennsylvania federal judge gave initial approval Monday to a $40 million settlement between Vanguard and investors who claimed the firm breached its fiduciary duty when it triggered a sell-off of assets that left investors with hefty tax bills. by usoftax_admin | Nov 25, 2024 | Tax News
A Brazilian-American businessman accused of using Swiss bank accounts to hide $20 million from the Internal Revenue Service asked a Florida federal court to dismiss all the charges against him, saying federal prosecutors improperly gained access to information...