by usoftax_admin | Nov 14, 2024 | Tax News
President Joe Biden’s pick for Treasury inspector general for tax administration pledged during a Senate panel nomination hearing Thursday to support the Internal Revenue Service’s modernization efforts and be as apolitical as his predecessor. by usoftax_admin | Nov 14, 2024 | Tax News
Colorado would implement partnership adjustment reporting requirements based on the model statute of the Multistate Tax Commission under a rule draft released by the state tax department to implement recent legislation. by usoftax_admin | Nov 14, 2024 | Tax News
The widow of a Texas man faces $613,000 in penalties that her husband incurred by failing to report his foreign bank accounts, the U.S. told a federal court, arguing that she participated in a Mexican real estate transaction to avoid paying the penalties he... by usoftax_admin | Nov 14, 2024 | Tax News
South Carolina’s highest court should overturn an appeals court’s opinion that Amazon was required prior to the landmark Wayfair decision to collect and remit sales tax on products sold on its marketplace in 2016 and owes the state $12.5 million in tax,... by usoftax_admin | Nov 14, 2024 | Tax News
Michigan would offer a research and development tax credit up to $2 million for qualifying expenses under bills passed by the state Senate and sent to Gov. Gretchen Whitmer. by usoftax_admin | Nov 14, 2024 | Tax News
The Senate approved the last of President Joe Biden’s nominees to serve on the U.S. Tax Court, marking the sixth judge the chamber has confirmed to the court this year.