by usoftax_admin | May 2, 2025 | Tax News
The owner of a mail-order medical equipment company can move forward with his lawsuit against the federal government seeking to deduct a $5 million settlement payment, even though he didn’t technically add his name to the case until after the deadline, the Court... by usoftax_admin | May 2, 2025 | Tax News
Differing economic philosophies are contributing to the escalating trade war between the United States and China, according to professionals who follow the countries’ relations, with the Chinese government’s supply-side ideology rooted in exports and U.S.... by usoftax_admin | May 2, 2025 | Tax News
New York’s tax agency urged a state appeals court to affirm its determination that Charter Communications Inc. is ineligible for a reduced tax rate offered to certain technology businesses because some members of its combined group didn’t have property in... by usoftax_admin | May 2, 2025 | Tax News
The federal law that shields businesses from a state’s tax on net income when their only business activities in that state are soliciting orders of tangible personal property was the focus of significant attention in April. Those events were part of another busy... by usoftax_admin | May 2, 2025 | Tax News
An Indiana federal judge dismissed the U.S. government’s cases against a man accused of operating an unlicensed money transmitting business, laundering proceeds through cryptocurrency transactions and failing to file tax returns after finding his business was... by usoftax_admin | May 2, 2025 | Tax News
Alabama will exempt qualifying aircraft and aircraft parts from state sales and use taxes under a bill signed by the governor.