by usoftax_admin | Aug 16, 2024 | Tax News
New Jersey federal jurors have convicted a Drexel University accounting professor on charges of tax evasion and filing false tax returns after the government accused him of failing to report $3.3 million in income from a Trenton pharmacy. by usoftax_admin | Aug 16, 2024 | Tax News
Multinational electronics maker Kyocera said Friday that it wasn’t required to keep any specific paperwork to back up its claim to research tax credits, contrary to the U.S. government’s claims, according to a filing in South Carolina federal court. by usoftax_admin | Aug 16, 2024 | Tax News
Nebraska’s governor said in a statement Friday that he would veto any bill passed during the Legislature’s special session on property tax relief that weakens proposed caps on property tax increases. by usoftax_admin | Aug 16, 2024 | Tax News
Vice President Kamala Harris, the presumptive Democratic nominee for president, proposed several housing-related tax proposals, including creating a tax incentive for homebuilders that sell to first-time homebuyers, during a campaign speech Friday. by usoftax_admin | Aug 16, 2024 | Tax News
In its recent Loper Bright, Corner Post and Jakesy decisions, the U.S. Supreme Court fundamentally changed the Administrative Procedure Act in ways that undermine Congress and the executive branch, shift power to the judiciary, curtail public and business input, and... by usoftax_admin | Aug 16, 2024 | Tax News
Vice President Kamala Harris and congressional Democrats would likely double down on plans to align the U.S. tax code with the global minimum tax designed by the Organization for Economic Cooperation and Development if they win total control of the federal government...