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W.Va. Updates Corp. Tax Law To Conform With Federal Code

by usoftax_admin | Feb 28, 2025 | Tax News

West Virginia has updated its conformity with the Internal Revenue Code for state corporate income tax purposes under a bill signed by the governor.

Minn. Justices Send Golf Course Dispute Back To Tax Court

by usoftax_admin | Feb 28, 2025 | Tax News

The Minnesota Supreme Court booted a county’s property tax fight with the former owner of a golf course back to the state’s tax court, saying the lower court’s decision to keep the case alive was not a final order subject to review by the...

UN Tax Pact Best Bet For Certainty, Sovereignty, Report Says

by usoftax_admin | Feb 28, 2025 | Tax News

The United Nations’ global tax convention is the most viable opportunity — politically and economically — for governments outside the U.S. to provide tax certainty, prized by multinational corporations, and protect their tax sovereignty under an American...

IRS Hiring Freeze Prompts Job Placement Aid From Tax Pros

by usoftax_admin | Feb 28, 2025 | Tax News

The White House’s federal government hiring freeze order, which led the IRS and U.S. Justice Department’s tax division to rescind job offers, has tax practitioners launching their own job placement initiatives to assist law students, recent graduates and...

The Tax Angle: Meeting Becomes Referendum On IRS Layoffs

by usoftax_admin | Feb 28, 2025 | Tax News

A House Ways and Means Committee meeting to advance bipartisan disaster relief tax legislation devolved into partisan bickering over the federal government’s laying off nearly 7,000 Internal Revenue Service employees during the middle of the 2025 tax filing...

Minn. Gov. Taps Bank Atty As Tax Court Judge

by usoftax_admin | Feb 28, 2025 | Tax News

Minnesota’s governor appointed a vice president of tax planning at U.S. Bank to serve on the state’s tax court.
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