by usoftax_admin | Jan 15, 2025 | Tax News
The Internal Revenue Service provided two safe harbors Wednesday for calculating the value of the commercial clean vehicle tax credit using either modeled incremental costs or retail-price equivalents. by usoftax_admin | Jan 15, 2025 | Tax News
The U.S. House of Representatives overwhelmingly approved legislation Wednesday that would provide Taiwanese businesses in the United States with tax-treaty-like benefits and authorize the White House to negotiate a tax agreement with Taiwan. by usoftax_admin | Jan 15, 2025 | Tax News
A corporation is eligible for an add-back exception in Virginia for some royalties paid to an affiliate out of state, the Virginia tax commissioner ruled. by usoftax_admin | Jan 15, 2025 | Tax News
A Virginia flooring company was improperly classifying itself as a retailer for tax purposes despite operating as both a retailer and contractor, the state’s tax commissioner ruled. by usoftax_admin | Jan 15, 2025 | Tax News
A Texas appellate court seemed doubtful Wednesday that the state attorney general has authority to shut down a nonprofit over its political speech, with the justices suggesting that Texas might be blurring the line between state and federal nonprofit oversight. by usoftax_admin | Jan 15, 2025 | Tax News
The web-based services provided by a Virginia company for the management of doctors’ offices are not subject to the state’s sales tax or communications tax, the state tax commissioner said in a ruling released Wednesday.