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House GOP Proposes $14B In IRS Cuts To Offset Israel Aid

by usoftax_admin | Oct 30, 2023 | Tax News

House Republicans on Monday proposed rescinding $14.3 billion in Inflation Reduction Act funding for the Internal Revenue Service, including funding for the agency’s free filing pilot program, to pay for an aid package for Israel.

COST’s Longtime Executive Director To Step Down

by usoftax_admin | Oct 30, 2023 | Tax News

The Council on State Taxation’s president and executive director of nearly a quarter-century will step down, the group’s board of directors said Monday, adding that it has begun a nationwide search for his replacement.

Fla. Lets T-Mobile Entity’s $5.6M Software Tax Refund Stand

by usoftax_admin | Oct 30, 2023 | Tax News

The Florida Department of Revenue chose not to appeal a circuit court ruling that awarded a T-Mobile entity a $5.6 million sales tax refund on sales of electronically delivered software to an affiliate, a department spokesperson confirmed to Law360 on Monday.

Defense Worker Owes On Australian Wages, Tax Court Says

by usoftax_admin | Oct 30, 2023 | Tax News

An American who worked for U.S. defense contractor Northrop Grumman in Australia owes U.S. income taxes on more than $200,000, the U.S. Tax Court ruled Monday, saying the worker signed a contract with the IRS agreeing to be taxed stateside on her Australian...

Flag Buyer Drops Tax Overcharge Suit Against Target, Walmart

by usoftax_admin | Oct 30, 2023 | Tax News

A woman who accused Walmart and Target of violating Florida state law by charging sales tax on American flags she purchased at those stores voluntarily dropped her case on the day she was required to submit an amended complaint after a federal judge threw out her...

US Treasury Official Says DST Pause Should Continue

by usoftax_admin | Oct 30, 2023 | Tax News

As negotiations continue on the OECD’s profit reallocation and routine pricing plan known as Pillar One, a U.S. Treasury Department official said Monday that countries should continue to pause digital services taxes.
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