by usoftax_admin | Jan 15, 2025 | Tax News
The Ninth Circuit on Wednesday rejected a disbarred California attorney’s requests to review its December decision to uphold a U.S. Tax Court ruling denying his bid to take business deductions for the cost of challenging his disbarment and a court’s... by usoftax_admin | Jan 15, 2025 | Tax News
The Internal Revenue Service announced Wednesday that it would test changes to its settlement procedures through pilot programs that aim to allow more businesses and self-employed people to keep their disputes with the agency out of court. by usoftax_admin | Jan 15, 2025 | Tax News
Nebraska’s governor pledged to put another $200 million into a property tax relief fund as part of this year’s budget, saying Wednesday his administration would try to build on reforms passed during last year’s special session. by usoftax_admin | Jan 15, 2025 | Tax News
The Internal Revenue Service on Wednesday released the first annual table showing the types of facilities that have been deemed to not produce greenhouse gas emissions and are therefore eligible for the clean energy production and investment tax credits. by usoftax_admin | Jan 15, 2025 | Tax News
The Internal Revenue Service is considering expanding the early application option for proposed regulations designed to help U.S. multinational corporations properly account for previously taxed earnings and profits, an agency official said Wednesday. by usoftax_admin | Jan 15, 2025 | Tax News
Despite facing a budget deficit estimated to be more than $200 million, Rhode Island’s governor said during his State of the State address that his spending plan won’t include any broad-based tax increases.