by usoftax_admin | Aug 30, 2024 | Tax News
A whistleblower denied up to $690 million, or 30%, of the $2.3 billion collected in an Internal Revenue Service offshore voluntary disclosure program asked for a D.C. Circuit panel to rehear his case Friday, saying its original opinion included numerous mistakes and... by usoftax_admin | Aug 30, 2024 | Tax News
The Texas Supreme Court on Friday denied a freight transportation company’s request for the justices to consider whether the company is exempt from state franchise tax and owed a roughly $1 million refund. by usoftax_admin | Aug 30, 2024 | Tax News
A regulation from New York’s state tax agency that outlines when certain online activities by out-of-state businesses exceed a federal law’s protections against state income taxes isn’t entitled to any deference, a business trade group argued in... by usoftax_admin | Aug 30, 2024 | Tax News
Recent measures by Portland, Oregon, that expand the voter-approved scope of the Clean Energy Surcharge on certain retail sales eviscerate the common meaning of the word “retail” and exceed the city’s chartered authority to levy tax, say Nikki Dobay... by usoftax_admin | Aug 30, 2024 | Tax News
Colorado incorrectly overvalued the statewide property of AT&T by about $33 million for property tax purposes, the company said in a lawsuit in state court, arguing for a valuation of less than one-third of the state’s valuation. by usoftax_admin | Aug 30, 2024 | Tax News
From activity around a new Illinois remote seller law to a long-awaited decision on whether a Nebraska tax deduction for dividends applies to income repatriated under the 2017 federal tax overhaul, the sometimes slow-paced month of August proved anything but in the...