by usoftax_admin | Dec 20, 2024 | Tax News
The Streamlined Sales Tax Governing Board approved Friday adding a new definition for oral healthcare products to the sales tax compact that it oversees, which will allow its member states to exempt items such as toothpaste and oral irrigators from tax. by usoftax_admin | Dec 20, 2024 | Tax News
Baker McKenzie announced the promotion of 18 North American-based attorneys to partner, a slight increase from last year but still significantly lower than in previous years. by usoftax_admin | Dec 20, 2024 | Tax News
New Jersey attorney William Tambussi has slammed the Garden State’s response to his bid to toss charges against him in the state’s sweeping indictment against power broker George E. Norcross III, claiming it does not show how his routine legal work... by usoftax_admin | Dec 20, 2024 | Tax News
The taxable wage base used to calculate covered compensation for employee retirement plans will be $176,100 for 2025 tax year, the Internal Revenue Service announced in a revenue ruling Friday. by usoftax_admin | Dec 20, 2024 | Tax News
Recently proposed rules for previously taxed earnings and profits aren’t able to be relied on by taxpayers until they are finalized because they contain new approaches that have to be properly vetted through a notice and comment period, an IRS official said... by usoftax_admin | Dec 20, 2024 | Tax News
A Michigan tax panel “rubber-stamped” a city’s $16.5 million valuation of an apartment complex, the state appeals court found, saying questions of fact remained on the city’s consideration of the property’s purchase price.