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Wyo. Expands Sales Tax Break For Power Used In Transport

by usoftax_admin | Mar 5, 2025 | Tax News

Wyoming expanded a sales tax exemption for sales of power and fuel used in the transporting of property via railroad or pipeline under a bill signed by the governor.

Nixon Peabody Hires Former Sheppard Mullin Partner In NY

by usoftax_admin | Mar 5, 2025 | Tax News

Nixon Peabody LLP said Wednesday that a former Sheppard Mullin Richter & Hampton LLP partner has joined the New York office as a partner on the firm’s nonprofit organizations team.

House Dems Warn IRS Cuts May Slow Refunds, Hurt Service

by usoftax_admin | Mar 5, 2025 | Tax News

The Internal Revenue Service’s decision to lay off 7,000 probationary employees could threaten the agency’s ability to timely serve taxpayers and issue refunds, more than 130 House Democrats said in a letter Wednesday.

Terraform Case May Be Bellwether For Crypto Enforcement

by usoftax_admin | Mar 5, 2025 | Tax News

The prosecution of crypto company Terraform Labs and its CEO, Do Kwon, offers a unique test of the line between lawful and unlawful conduct in digital transactions, and the Trump administration’s posture toward the case will provide clues about its cryptocurrency...

Trump Delays Mexico, Canada Tariffs On Autos For A Month

by usoftax_admin | Mar 5, 2025 | Tax News

President Donald Trump announced Wednesday that auto vehicles and parts imported from Canada and Mexico will get a one-month reprieve from the 25% tariffs he instituted earlier this week, according to a statement read by White House Press Secretary Karoline...

How Eversheds Sutherland Drew 12-Atty Tax Team In Atlanta

by usoftax_admin | Mar 5, 2025 | Tax News

New Eversheds Sutherland partner Hale E. Sheppard joined Law360 Pulse to discuss how he helped lead a team of 12 tax controversy attorneys to join the firm in Atlanta from Chamberlain Hrdlicka White Williams & Aughtry PC.
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