by usoftax_admin | Feb 7, 2024 | Tax News
A study shows that the Service can collect $561 billion in tax revenue over 10 years if it receives the funding from the Inflation Reduction Act of 2022 as written. by usoftax_admin | Feb 7, 2024 | Tax News
Connecticut would grant an income tax credit to remote workers who successfully challenge New York’s policy of taxing workers who work from a remote location rather than their employer’s New York office, under a budget proposal Wednesday from the... by usoftax_admin | Feb 7, 2024 | Tax News
The IRS issued the 2024 depreciation limitations for passenger automobiles, including those for which bonus depreciation is applied. by usoftax_admin | Feb 7, 2024 | Tax News
A recent IRS advice memorandum disregards certain details about affiliated companies when treating them as unrelated businesses for the purpose of pricing an intercompany loan, raising questions about how the arm’s-length standard should apply to corporate group... by usoftax_admin | Feb 7, 2024 | Tax News
A Colorado court should throw out a suit from a conservative group challenging new fees on deliveries and online ride-hailing services, attorneys for the state said, arguing that the transportation funding law that created them does not violate any state... by usoftax_admin | Feb 7, 2024 | Tax News
Oklahoma would exempt from tax income distributed to individuals from electing pass-through entities and certain other business entities with fewer than 50 employees, under a bill introduced in the state Senate.