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IRS Temporarily Extends Clean Vehicles’ Reporting Deadline

by usoftax_admin | Feb 7, 2024 | Tax News

The Internal Revenue Service has temporarily extended the time requirement for reporting certain information after the sale of a new clean vehicle, the agency announced Wednesday.

Reimagining Law Firm Culture To Break The Cycle Of Burnout

by usoftax_admin | Feb 7, 2024 | Tax News

While attorney burnout remains a perennial issue in the legal profession, shifting post-pandemic expectations mean that law firms must adapt their office cultures to retain talent, say Kevin Henderson and Eric Pacifici at SMB Law Group.

Performing year-end TP adjustments in China

by usoftax_admin | Feb 7, 2024 | Tax News

Lewis Lu and Xiaoyue Wang of KPMG China consider issues with conducting year-end transfer pricing adjustments in China

This month in indirect tax: Belgium wants ViDA progress during EU presidency

by usoftax_admin | Feb 7, 2024 | Tax News

Belgium targets closing the VAT gap, the European Commission gets tough with tardy member states, Sri Lanka raises its VAT rate, and more

Idaho Updates State Tax Code References To Federal Code

by usoftax_admin | Feb 6, 2024 | Tax News

Idaho updated references to the Internal Revenue Code in the state tax code to conform state law with changes to the federal law that affect tax year 2023 under a bill signed by the governor.

Backend Tax Credit Boosts NY Brownfield Redevelopments

by usoftax_admin | Feb 6, 2024 | Tax News

New York’s use of a backend tax credit for brownfield remediation and redevelopment helps push projects across the finish line, incentivizing developers to pursue and quickly finish projects addressing contamination throughout the state.
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