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Md. House Bill Seeks Corp. Income Tax Rate Cut

by usoftax_admin | Feb 9, 2024 | Tax News

Maryland would cut its corporate income tax rate by nearly one-fourth over a four-year period under legislation introduced Friday in the House of Delegates.

Calif. Tax Appeals Office Puts Own Powers Under Microscope

by usoftax_admin | Feb 9, 2024 | Tax News

California’s Office of Tax Appeals has asked the state’s attorney general to find that the office lacks the power to invalidate regulations issued by other state agencies, raising an inquiry that could clarify when taxpayers must take disputes to...

Miss. House Bill Seeks Exemption For Sales To Churches

by usoftax_admin | Feb 9, 2024 | Tax News

Mississippi would exempt sales of property and services to churches from the state’s sales tax as part of a bill introduced in the state House of Representatives.

The Tax Angle: SALT, Housing Credits, Opportunity Zones

by usoftax_admin | Feb 9, 2024 | Tax News

House Democrats held their two-day legislative issues conference this week, formulating plans to win majority control of the chamber in November so they can shape the policy agenda next year when parts of the GOP’s 2017 tax law expire. Here’s a peek into a...

Jordan Calls For Investigation Into DOJ’s Deal With IRS Leaker

by usoftax_admin | Feb 9, 2024 | Tax News

House Judiciary Committee Chairman Jim Jordan is investigating whether federal prosecutors were politically motivated to allow the former IRS contractor who leaked former President Donald Trump’s tax returns to plead guilty to a single count of illegal...

Deloitte – APAC regional tax controversy interview

by usoftax_admin | Feb 9, 2024 | Tax News

Interview with Chris Atkinson, partner, tax and legal, Deloitte Australia
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