by usoftax_admin | Feb 12, 2025 | Tax News
A California couple cannot claim tax deductions for losing $2.1 million tied to real estate and business investments in Indiana, the U.S. Tax Court said Wednesday, saying the taxpayers failed to provide evidence supporting those capital losses. by usoftax_admin | Feb 12, 2025 | Tax News
New York would create a task force to study the role of property taxes in funding the state’s education system under a bill introduced in the state Assembly. by usoftax_admin | Feb 12, 2025 | Tax News
Arizona would eliminate its tax on business personal property under legislation advanced Wednesday by a state House committee. by usoftax_admin | Feb 12, 2025 | Tax News
The Internal Revenue Service published on Wednesday the corporate bond monthly yield curve for February for use in calculations for defined benefit plans, as well as corresponding segment rates and other related provisions. by usoftax_admin | Feb 12, 2025 | Tax News
Missouri counties would have to apply a 10-year sunset date to new or renewed sales taxes under a bill introduced in the state House of Representatives. by usoftax_admin | Feb 12, 2025 | Tax News
Ireland can shore up its medium-term revenue projections by broadening its tax base, the Organization for Economic Cooperation and Development said Wednesday, saying the country’s reliance on taxes from multinational entities opens it up to risk.