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Dems Push Corporate Transparency Act Legitimacy To Courts

by usoftax_admin | Feb 18, 2025 | Tax News

Congress has the authority to establish a nationwide registry of the beneficial owners of legal entities by passing the Corporate Transparency Act, a group of Democratic legislators said in similar amicus briefs filed in appellate courts.

NY Broadens Tax Break Guidelines For Development Projects

by usoftax_admin | Feb 18, 2025 | Tax News

New York state broadened guidelines for determining whether some economic development projects may be eligible for property and sales tax exemptions based on the level of a project’s on-site child care services under clarifying legislation signed by Democratic...

NC House Bill Would Restore Solar Tax Credit

by usoftax_admin | Feb 18, 2025 | Tax News

North Carolina would bring back a state tax credit for solar energy equipment under a bill introduced Tuesday in the state House of Representatives.

DC Court Asked To Block DOGE’s Access To Taxpayer Data

by usoftax_admin | Feb 18, 2025 | Tax News

A federal judge should block the U.S. Treasury Department’s reported provision of taxpayer data to the Department of Government Efficiency, halt DOGE’s access and order its software uninstalled from Treasury systems, unions and advocacy organizations said...

Goldstein’s Overseas Ties Make It ‘Easier To Flee,’ Judge Says

by usoftax_admin | Feb 18, 2025 | Tax News

U.S. Supreme Court advocate and SCOTUSblog publisher Tom Goldstein has lost a second attempt to shield his more than $3 million residence in Washington, D.C., from forfeiture in his criminal tax evasion case as a Maryland federal judge ruled Tuesday that he remains a...

What’s At Stake In Justices’ Review Of IRS Debt Offsets

by usoftax_admin | Feb 18, 2025 | Tax News

A U.S. Supreme Court case that revolves around the IRS’ use of offsets to collect a woman’s contested tax liability could end up limiting taxpayers’ collection due process rights and the U.S. Tax Court’s jurisdiction in such circumstances....
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