by usoftax_admin | Sep 20, 2023 | Tax News
Attorney General Merrick Garland faced tough questions from lawmakers in a marathon hearing Wednesday, with Democrats calling for an investigation into U.S. Supreme Court Justice Clarence Thomas over gifts from political donors and Republicans probing whether Garland... by usoftax_admin | Sep 20, 2023 | Tax News
A Multistate Tax Commission work group tackling the complex issue of how to source state income from partnerships said Wednesday that it will begin work on a model rule treating partners’ guaranteed payments in the same way as distributive shares. by usoftax_admin | Sep 20, 2023 | Tax News
The Internal Revenue Service will launch a new group focused on scrutinizing pass-through organizations as part of its broader plan for beefing up enforcement work against the wealthy, according to an agency statement Wednesday. by usoftax_admin | Sep 20, 2023 | Tax News
Pennsylvania would allow a personal income tax deduction for the depletion of a natural deposit in conformity with federal tax law under a bill passed by the state Senate. by usoftax_admin | Sep 20, 2023 | Tax News
Maryland’s digital advertising tax appears aimed at punishing certain companies rather than just raising revenue, a Fourth Circuit judge suggested Wednesday, echoing arguments made by the U.S. Chamber of Commerce and other businesses groups challenging the... by usoftax_admin | Sep 20, 2023 | Tax News
Government officials from several countries said during a meeting Wednesday that they would support the United Nations’ work to reach consensus on international tax cooperation as they cautioned against duplicating the Organization for Economic Cooperation and...