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Feds Want Decades For Atty, CPA Convicted In $1.3B Tax Case

by usoftax_admin | Jan 8, 2024 | Tax News

An attorney and an accountant found guilty by a jury of selling $1.3 billion in fraudulent tax deductions in connection with conservation easements should spend decades behind bars, federal prosecutors told a Georgia federal court in advance of their Tuesday...

Hawaii AG Issues Proposal For Cannabis Legalization

by usoftax_admin | Jan 8, 2024 | Tax News

In Hawaii, where lawmakers are expected to consider a proposal to legalize adult-use marijuana this year, the state’s attorney general has issued a report and draft legislation recommending how best to mitigate the public health and safety concerns associated...

Neb. Bill Seeks To Expand When Tax Rolls Must Be Corrected

by usoftax_admin | Jan 8, 2024 | Tax News

Nebraska would expand the instances when a county assessor must correct a county’s assessment and tax rolls under a bill introduced in the state’s unicameral Legislature.

Kan. Gov Pitches Bank Tax Cut, Sales Tax Exemptions

by usoftax_admin | Jan 8, 2024 | Tax News

Kansas would reduce its bank privilege tax rate, provide a higher standard deduction, cut property taxes and eliminate sales tax on groceries, diapers and feminine hygiene products under a tax plan released Monday by Gov. Laura Kelly and a bipartisan group of...

Mo. Net Revenue Down Year-To-Date, Budget Director Says

by usoftax_admin | Jan 8, 2024 | Tax News

Missouri’s net general revenue collections for the state’s 2024 fiscal year as of December decreased 1.7% compared with the previous December’s year-to-date collections, the state budget director said.

Neb. Bill Seeks Film Tax Credits For In-State Expenditures

by usoftax_admin | Jan 8, 2024 | Tax News

Nebraska would allow film production companies to receive tax credits for qualifying expenditures incurred in the state under a bill introduced in the state’s unicameral Legislature.
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