by usoftax_admin | Feb 20, 2025 | Tax News
Mississippi would cut its flat individual income tax rate by roughly a percentage point over the next five years and reduce the state grocery tax as part of a state Senate tax plan advanced by the chamber’s Finance Committee Thursday. by usoftax_admin | Feb 20, 2025 | Tax News
A New York deli owes sales tax on its sales of party platters because the platters were considered prepared foods, the state Tax Appeals Tribunal said in a decision released Thursday. by usoftax_admin | Feb 20, 2025 | Tax News
New York state expanded municipalities’ authority to provide property tax breaks to owners of property damaged by severe storms and other natural disasters by allowing that relief to be granted for small business’ property as part of a bill signed by Gov.... by usoftax_admin | Feb 20, 2025 | Tax News
Colorado would offer tax deductions to businesses that convert to being employee-owned under a bill passed by a committee in the state House of Representatives. by usoftax_admin | Feb 20, 2025 | Tax News
A Republican Florida state senator filed legislation that would require a state agency to study the prospects of eliminating property taxes in exchange for levying additional state and local sales taxes. by usoftax_admin | Feb 20, 2025 | Tax News
Miami-based Bilzin Sumberg Baena Price & Axelrod LLP announced Thursday that it has hired an experienced tax attorney who previously worked as a managing director with Big 4 accounting firm KPMG as a partner.