by usoftax_admin | Feb 28, 2025 | Tax News
Combined water’s-edge corporate tax reporting in Maryland would hurt the state’s economy, destabilize revenue and impose significant burdens on taxpayers and the state, business groups told a legislative panel considering the governor’s tax and... by usoftax_admin | Feb 28, 2025 | Tax News
A Maryland federal magistrate judge declined Friday to rethink her order upholding an IRS freeze on a Baltimore law firm’s bank account over a $1.5 million tax debt, finding the firm failed to cite any case law that justified reconsideration. by usoftax_admin | Feb 28, 2025 | Tax News
The Financial Crimes Enforcement Network said it will not take any enforcement actions against companies failing to file or update their beneficial ownership information reports pursuant to the Corporate Transparency Act until an interim final rule becomes... by usoftax_admin | Feb 28, 2025 | Tax News
Mississippi would exempt farm equipment and vehicles held by dealers as merchandise from the state’s inventory tax under a bill passed by the state House of Representatives. by usoftax_admin | Feb 28, 2025 | Tax News
A cryptocurrency investor who lost his challenge to the Internal Revenue Service’s seizure of his account records has asked the U.S. Supreme Court for review, saying the 1976 legal doctrine that sank his case is outdated and fails to meet digital realities,... by usoftax_admin | Feb 28, 2025 | Tax News
The New York Tax Appeals Tribunal rejected an investment company’s claims that sourcing receipts to locations of institutional intermediaries, such as hedge funds, instead of to investors unconstitutionally distorted its share of New York taxable income,...