by usoftax_admin | Feb 6, 2024 | Tax News
Years of revenue growth and spending restraint have made Tennessee ready to change a longstanding piece of its corporate franchise tax, the state’s governor said in his State of the State address, pitching a $400 million tax cut proposed by state... by usoftax_admin | Feb 6, 2024 | Tax News
Iowa would create a process to eliminate individual income taxes and allow cuts to the state corporate income tax rate beyond the amount allowed by current law under a bill introduced in the state Senate. by usoftax_admin | Feb 6, 2024 | Tax News
A federal jury in Maryland on Tuesday found former Baltimore State’s Attorney Marilyn Mosby guilty of lying on mortgage applications for one of her two Florida vacation homes, but not guilty on the application for the other home. by usoftax_admin | Feb 6, 2024 | Tax News
The owner of a California limited liability company must count a roughly $1.98 million reduction in mortgage debt as taxable gain, the state Office of Tax Appeals said. by usoftax_admin | Feb 6, 2024 | Tax News
It is not unreasonable to assume an Arkansas man has the potential to pay more than $25 per month to settle more than $100,000 in unpaid income taxes, the U.S. Tax Court ruled Tuesday. by usoftax_admin | Feb 6, 2024 | Tax News
Pennsylvania would not increase taxes and would legalize adult-use cannabis under the budget proposed by Democratic Gov. Josh Shapiro on Tuesday.