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Calif. Authorizes Local Tax Above 2% Cap For Transportation

by usoftax_admin | Oct 2, 2024 | Tax News

California authorized three cities to impose a transactions and use tax to support countywide transportation programs or general services that in combination with other taxes could exceed a 2% statutory cap on the combined rate under a bill signed by Gov. Gavin...

Fresh calls to disallow controversial tax ethics rules

by usoftax_admin | Oct 2, 2024 | Tax News

There will be an ‘unnecessary and burdensome compliance nightmare’ for small practices if the rules are not struck out, an Australian opposition politician told ITR

This month in indirect tax: VAT rates edge up after economic pressures ease

by usoftax_admin | Oct 2, 2024 | Tax News

UK government looks to introduce e-invoicing, Grant Thornton hires from the ‘big four’ in Ireland, and more

Mich. Appeals Court Denies Tax Break For Church Retreat

by usoftax_admin | Oct 1, 2024 | Tax News

The Michigan Court of Appeals affirmed a state tax tribunal decision that said a church’s ministry retreat house that offered recreational activities wasn’t exempt from property taxes.

IRS Delays Deadlines, Grants Other Relief Following Helene

by usoftax_admin | Oct 1, 2024 | Tax News

Taxpayers in all or part of seven states will have until May 1 to file individual and business tax returns and make payments after Hurricane Helene hit the area, the Internal Revenue Service said Tuesday, while also granting dyed diesel penalty relief as well.

Tax Deadlines Extended For Victims Of Israel-Hamas War

by usoftax_admin | Oct 1, 2024 | Tax News

The Internal Revenue Service said Tuesday that it will postpone tax return and payment deadlines to Sept. 30, 2025, for those affected by the Israel-Hamas war across 2023 and 2024.
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