by usoftax_admin | Feb 28, 2025 | Tax News
The Chinese government said Friday it will pursue additional “countermeasures” if President Donald Trump’s administration follows through on plans to impose an extra 10% tariff on Chinese goods. by usoftax_admin | Feb 28, 2025 | Tax News
February saw the near-conclusion of California’s long process to amend market-based sourcing regulations for intangibles and a recommendation by a city commission that Philadelphia do away with its business tax, marking a short but newsy month in state and local... by usoftax_admin | Feb 28, 2025 | Tax News
Oregon would no longer limit the carryforward of net operating losses for corporations that pay excise tax, ending the current 15-year limit under a bill introduced in the state House of Representatives. by usoftax_admin | Feb 28, 2025 | Tax News
In a continuation of trends in property and casualty insurance class actions, last quarter insurers struggled with defending the merits and class certification of sales tax and fee suits, and labor depreciation cases, but succeeded in dismissing privacy class actions... by usoftax_admin | Feb 28, 2025 | Tax News
From a move to phase out Minnesota’s estate tax to proposed inducements for relocating to Alabama and West Virginia, RSM’s David Brunori offers his thoughts on noteworthy state and local tax news. by usoftax_admin | Feb 28, 2025 | Tax News
A Mississippi federal judge denied bond to a financial adviser who admitted promoting an illegal tax shelter involving royalty deductions that caused a $37 million tax loss, according to court documents.