by usoftax_admin | Feb 19, 2025 | Tax News
A coalition of members of the cryptocurrency trade group Blockchain Association urged congressional leaders Wednesday to repeal a final U.S. Treasury Department rule implementing additional reporting requirements for decentralized finance brokers. by usoftax_admin | Feb 19, 2025 | Tax News
Wisconsin’s governor unveiled a proposed 2025-2027 budget, including $2 billion in property tax relief, a new tax bracket for income over $1 million and the elimination of income tax on tips. by usoftax_admin | Feb 19, 2025 | Tax News
Arizona would clarify the location of online transactions for sales tax purposes and specify that the site of computer servers used in a transaction does not determine its location under legislation passed by the state House. by usoftax_admin | Feb 19, 2025 | Tax News
Collecting sales tax is not part of a commercial transaction even if it occurs at the same time as that transaction, according to a Wednesday ruling from the Pennsylvania Supreme Court in a suit accusing American Eagle and other retailers of charging wrongful taxes on... by usoftax_admin | Feb 19, 2025 | Tax News
President Donald Trump endorsed House Republicans’ budget bill Wednesday, saying the proposal — which would allow up to $4.5 trillion in tax cuts — would fully implement his agenda, unlike the Senate’s bill, which includes several Republican priorities but... by usoftax_admin | Feb 19, 2025 | Tax News
Maine Revenue Services’ proposed amendment of its corporate income tax sourcing rules to clarify that receipts from services are sourced to where they are acquired or experienced instead of where they are received would increase ambiguity in the tax code,...