by usoftax_admin | Nov 22, 2024 | Tax News
President-elect Donald Trump on Friday announced that he’s selected Scott Bessent, a billionaire hedge fund manager and the founder of Key Square Group, to serve as secretary of the Treasury in his upcoming administration. by usoftax_admin | Nov 22, 2024 | Tax News
Louisiana lawmakers advanced an amended version of the governor’s tax overhaul plan Friday, passing legislation that would move the state to a flat individual income tax rate and eliminate its corporate franchise tax. by usoftax_admin | Nov 22, 2024 | Tax News
The IRS said the new deadline to file under the consolidated employee retention credit claims process is Dec. 31. The previous deadline was Friday. by usoftax_admin | Nov 22, 2024 | Tax News
A New Jersey hospital seeking a property tax exemption for unused floors in its building must produce more documentation to show the extent to which it tried to sell or lease that space, the state Tax Court said. by usoftax_admin | Nov 22, 2024 | Tax News
Nonprofits, tribal governments, public utilities and other tax-exempt groups eligible for a direct cash payment of their clean energy tax credits can get relief from meeting the domestic content requirements tied to those incentives for 2025 and 2026 under IRS... by usoftax_admin | Nov 22, 2024 | Tax News
The Texas comptroller adopted regulations to clarify that tax officials must send tax notices to property owners electronically if a property owner has elected to receive notices in that manner, according to a notice published in the state register Friday.