by usoftax_admin | Jan 8, 2025 | Tax News
Amazon’s reading of a South Carolina law concerning which businesses were required to collect and remit sales tax prior to the landmark Wayfair decision is reasonable, and the state’s highest court should rely on it, the online retail giant told the South... by usoftax_admin | Jan 8, 2025 | Tax News
North Dakota would require the state tax commissioner to disclose information about any tax incentive claimed by a taxpayer at the request of certain lawmakers as part of a bill the state Senate’s Finance and Taxation Committee considered Wednesday. by usoftax_admin | Jan 8, 2025 | Tax News
Ex-Illinois House Speaker Michael Madigan testified Wednesday that he never wanted a Chicago alderman to leverage his chairmanship of a powerful city council committee to steer business to Madigan’s law firm, saying he merely asked for introductions to... by usoftax_admin | Jan 8, 2025 | Tax News
Tax preparation giant H&R Block will pay a $7 million fine to help customers harmed by what the Federal Trade Commission called its deceptive advertising practices and make it easier for customers to downgrade to cheaper products under a settlement with the agency... by usoftax_admin | Jan 8, 2025 | Tax News
The Internal Revenue Service updated guidance Wednesday related to disputes over whether individuals are considered employees for employment tax purposes as well as clarified situations in which an employer can remit unpaid taxes at reduced rates in cases where the... by usoftax_admin | Jan 8, 2025 | Tax News
The Public Company Accounting Oversight Board in 2024 brought more enforcement actions against auditors and imposed increasingly higher monetary penalties, showing that it was not afraid to exercise its power to fine and reprimand firms, a trend that will likely...