by usoftax_admin | Feb 26, 2025 | Tax News
Safe harbors proposed by the IRS would allow certain corporate spinoffs to get statutory tax-free treatment, but the bright-line requirements to qualify for these provisions reflect the tension between a blanket approach and the unique complexities of each... by usoftax_admin | Feb 26, 2025 | Tax News
Arizona would reduce its flat individual income tax rate annually to cut the state’s projected structural surpluses in half under legislation passed Wednesday by the state Senate. by usoftax_admin | Feb 26, 2025 | Tax News
Minnesota would repeal its retail delivery fee, freeze motor fuels taxes and exempt Social Security from state income tax under legislation advanced by a House panel Wednesday over objections of Democrats who said it would devastate state transportation funding. by usoftax_admin | Feb 26, 2025 | Tax News
Arizona would extend the life of its Property Tax Oversight Commission by eight years under legislation approved Wednesday by the state Senate. by usoftax_admin | Feb 26, 2025 | Tax News
Wastewater pipes would be exempt from the Arizona sales tax under legislation passed Wednesday by the state House of Representatives. by usoftax_admin | Feb 26, 2025 | Tax News
House Ways and Means Committee Republicans advanced legislation that would repeal a final U.S. Treasury Department rule implementing additional reporting requirements for decentralized finance brokers.