by usoftax_admin | Jan 18, 2024 | Tax News
West Virginia would not tax the first $20,000 of income and would tax income over that amount at a rate of 3% under a bill introduced in the state’s House of Delegates. by usoftax_admin | Jan 18, 2024 | Tax News
Compliance alerts have been sent to more than 180 subsidiaries of large foreign corporations, emphasising their US tax obligations by usoftax_admin | Jan 18, 2024 | Tax News
HM Revenue and Customs has received warnings from consultation respondents including the ‘big four’ by usoftax_admin | Jan 18, 2024 | Tax News
The U.S. Supreme Court will consider Wednesday whether to overturn a decades-old doctrine that instructs courts to defer to federal agencies’ interpretations of ambiguous statutes, arguments in which nearly two dozen of the justices’ prior writings may be... by usoftax_admin | Jan 17, 2024 | Tax News
In an announcement posted Tuesday, until regulations are issued, the IRS said businesses do not have to include digital assets in determining whether cash received in a single transaction is over the $10,000 reporting threshold. by usoftax_admin | Jan 17, 2024 | Tax News
A nursing home operator pled guilty in federal court to a $38.9 million employment tax fraud scheme involving nursing homes he owned across the country, the U.S. Attorney for the District of New Jersey said Wednesday.