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Jackson Hewitt To Settle No-Poach Suit Over Its Franchises

by usoftax_admin | Feb 5, 2024 | Tax News

Jackson Hewitt Inc. told a New Jersey federal court that it has reached a settlement in principle with its former workers who brought a proposed class action alleging that the company’s franchisees entered into an anti-competitive no-poach agreement despite the...

2nd Circ. Judges Skeptical Over IRS Penalties In $380M Case

by usoftax_admin | Feb 5, 2024 | Tax News

Second Circuit judges were skeptical of the IRS’ claim during oral arguments Monday that it wasn’t required to verify that a supervisor had signed off on penalties for six companies in a $380 million tax scheme case, saying a plain reading of the law...

Miss. To Provide Tax Breaks For Amazon Web Services Project

by usoftax_admin | Feb 5, 2024 | Tax News

Mississippi will provide corporate income tax and sales and use tax exemptions to Amazon Web Services for the creation of data centers as part of an economic development project in the state under a bill signed by the governor.

NY Senate Bill Seeks Wind Energy Tax Credits

by usoftax_admin | Feb 5, 2024 | Tax News

New York would create a corporate and personal income tax credit for businesses that participate in the development or production of clean wind energy projects under a bill introduced in the state Senate.

Brazil Aiming To Overhaul Income Tax System By Summer

by usoftax_admin | Feb 5, 2024 | Tax News

Brazil is aiming to overhaul its income tax system by summer after lawmakers overhauled consumption taxes late last year, but regulations for consumption taxes may take precedence initially with an income tax bill due in March, officials said Monday during...

NJ Panel OKs Tax Credits For EVs, Warehouse Solar Panels

by usoftax_admin | Feb 5, 2024 | Tax News

New Jersey would offer tax credits for installing electric vehicle charging stations, purchasing zero-emission commercial vehicles and installing solar panels on existing warehouses under two bills a state Senate committee approved Monday.
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