by usoftax_admin | Mar 6, 2025 | Tax News
Iowa’s total receipts from July through February lagged behind last year’s collections during the same time frame by $239 million, according to the state Department of Management. by usoftax_admin | Mar 6, 2025 | Tax News
Minnesota would eliminate the state income tax on its lowest tier of earners and adjust brackets to reduce rates for other taxpayers at an initial cost of about $3.8 billion annually under legislation advanced by the House Taxes Committee. by usoftax_admin | Mar 6, 2025 | Tax News
A Minnesota couple were properly assessed an outstanding income tax liability and disallowed a business loss deduction by the state tax court, the Minnesota Supreme Court ruled. by usoftax_admin | Mar 6, 2025 | Tax News
The owner of a Louisiana apartment complex cannot claim a property tax exemption for the complex’s affordable housing units because the units were not dedicated solely to a public purpose, a state appellate court ruled. by usoftax_admin | Mar 6, 2025 | Tax News
Arkansas general revenue collection from July through February beat forecasts by $105 million, according to a report by the state’s Department of Finance and Administration. by usoftax_admin | Mar 6, 2025 | Tax News
Conservation easement donors whose charitable tax deduction was reduced by millions of dollars by the U.S. Tax Court criticized the Internal Revenue Service’s defense of the decision, telling the Eleventh Circuit the ruling ignored copious evidence of the...