by usoftax_admin | Jan 23, 2025 | Tax News
Former Illinois House Speaker Michael Madigan’s ownership interest in his Chicago law firm and his entitlement to 50% of its profits was behind his efforts to extort property tax business from developers who needed approvals from state and local government for... by usoftax_admin | Jan 23, 2025 | Tax News
Massachusetts would apply what is known as the investee apportionment method to tax gains that nonresidents receive from sales of interest in pass-through entities located in the commonwealth under a budget proposal from Gov. Maura Healey. by usoftax_admin | Jan 23, 2025 | Tax News
Maryland lawmakers on Thursday questioned the scope of a ballot measure proposed in the state House of Delegates to require legislative votes on all future tax and fee increases. by usoftax_admin | Jan 23, 2025 | Tax News
California made permanent a set of emergency regulations filed by the state Department of Tax and Fee Administration that implement the state’s excise tax on cannabis, according to a notice published in the state’s regulatory register. by usoftax_admin | Jan 23, 2025 | Tax News
The Senate Finance Committee introduced bipartisan legislation Thursday that would grant tax benefits to Taiwanese businesses in the U.S. and authorize the White House to negotiate a tax agreement with Taiwan, following the House of Representatives’ approval of... by usoftax_admin | Jan 23, 2025 | Tax News
The Tenth Circuit should overturn a lower court’s finding that a member of the Muscogee Creek Nation’s tax debts did not qualify for a discharge from bankruptcy, he told the appeals court, saying the debts weren’t based on his actual income.