by usoftax_admin | Feb 5, 2025 | Tax News
Oklahoma lawmakers should cut both personal and business income tax rates and put the state on a path to eliminating both taxes, the governor said in his fiscal year 2026 budget proposal. by usoftax_admin | Feb 5, 2025 | Tax News
Washington state would impose a surcharge on corporations that provide “excessive” compensation to their chief executive officers under a bill in the state House of Representatives. by usoftax_admin | Feb 5, 2025 | Tax News
Michigan would deploy artificial intelligence tools to aid in tax collection under Democratic Gov. Gretchen Whitmer’s proposed budget, which was released Wednesday. by usoftax_admin | Feb 5, 2025 | Tax News
Minnesota would establish a private letter ruling program under legislation advanced by a Senate committee Wednesday, although the state Department of Revenue expressed concerns with the proposal. by usoftax_admin | Feb 5, 2025 | Tax News
Congress should repeal and replace federal tax measures that allow multinational corporations to reduce taxable income in the United States, including by holding assets abroad, according to two Democratic lawmakers who reintroduced a bill to that effect... by usoftax_admin | Feb 5, 2025 | Tax News
In an era where technology is rapidly evolving and artificial intelligence is seemingly everywhere, it’s worth asking if the law — both substantive precedent and procedural rules — can keep up with the light speed of innovation, says Reuben Guttman at Guttman...