by usoftax_admin | Jan 14, 2025 | Tax News
A $4.7 million capital gain from the sale of stock in a Massachusetts company by its co-founder was not compensation and is not taxable in the state, counsel for the entrepreneur and his wife told a state appeals panel Tuesday. by usoftax_admin | Jan 14, 2025 | Tax News
Missouri would not impose income tax on tips or overtime pay under a bill introduced in the state House of Representatives. by usoftax_admin | Jan 14, 2025 | Tax News
Arkansas would exempt menstrual products, diapers and breastfeeding equipment from state sales and use tax under a bill introduced in the state House of Representatives. by usoftax_admin | Jan 14, 2025 | Tax News
In the year to come, e-discovery will be shaped by new and emerging trends, from the adoption of artificial intelligence provisions in protective orders, to the proliferation of emojis as a source of evidence in contemporary litigation, say attorneys at Littler. by usoftax_admin | Jan 14, 2025 | Tax News
An Ohio man the IRS said incorrectly claimed nearly $14,000 in travel- and vehicle-related costs failed to substantiate them, the U.S. Tax Court said Tuesday, including failing to remember the names of trade shows he said he attended in the middle of the COVID-19... by usoftax_admin | Jan 14, 2025 | Tax News
The U.S. Tax Court was right to believe expert testimony that a claimed conservation easement donation of roughly $18 million was only worth $1 million, the government told the Eleventh Circuit, urging it to reject the donors’ claims that the expert was...