by usoftax_admin | Dec 20, 2024 | Tax News
From problem-solving to patience and adaptability to organization, the skills developed working under the hood of a car directly translate to being a more effective lawyer, says Christopher Mdeway at Kaufman Dolowich. by usoftax_admin | Dec 20, 2024 | Tax News
North Carolina saw a host of heavy-hitting civil trials in 2024, from back-to-back multimillion-dollar jury verdicts in suits over false advertising and employment discrimination, to a substantial bench ruling in a much-watched bias suit against the federal... by usoftax_admin | Dec 19, 2024 | Tax News
The IRS increased the optional standard mileage rate used to calculate the deductible costs of operating a vehicle for business to 70 cents per mile driven, up 3 cents from 2024. by usoftax_admin | Dec 19, 2024 | Tax News
Treasury and the IRS announced that certain portions of future regulations finalizing the proposed regulations for required minimum distributions will apply beginning in the 2026 distribution calendar year. by usoftax_admin | Dec 19, 2024 | Tax News
Washington state would levy a 1% tax on residents with worldwide wealth of more than $100 million and increase taxes on businesses under a budget proposal from outgoing Gov. Jay Inslee. by usoftax_admin | Dec 19, 2024 | Tax News
The U.S. Tax Court on Thursday reduced tax deductions claimed by two partnerships for donating adjoining conservation easements in Georgia and sustained 40% penalties against them for misstating the value of the donations.