by usoftax_admin | Oct 24, 2023 | Tax News
New guidance on TP regulation is welcome but flaws remain, according to local tax experts by usoftax_admin | Oct 23, 2023 | Tax News
A broad-based tax on the final sale of digital products is one way states could raise enough revenue to be able to accommodate an exemption for taxable items purchased by businesses, the chair of a Multistate Tax Commission work group on digital products said... by usoftax_admin | Oct 23, 2023 | Tax News
The U.S. Department of Justice and a group of states told the New Jersey federal court overseeing a case from former Jackson Hewitt workers that provisions in franchise agreements preventing the hiring of workers from other members of a chain can violate antitrust... by usoftax_admin | Oct 23, 2023 | Tax News
A California couple owe an addition to tax for filing a late return for 2018, the U.S. Tax Court said in an order released Monday, adding that the couple’s argument that they thought they weren’t required to file was unreasonable. by usoftax_admin | Oct 23, 2023 | Tax News
The Internal Revenue Service is looking at issuing draft regulations in early 2024 on how companies should amortize research and development costs, an agency official said Monday. by usoftax_admin | Oct 23, 2023 | Tax News
Texas would create a joint interim committee to study how to replace local property tax revenue with local sales tax revenue, with the goal of abolishing ad valorem taxes by 2029, under a bill introduced in the state House of Representatives.