by usoftax_admin | Apr 16, 2025 | Tax News
The Third Circuit affirmed Wednesday a 51-month sentence of a woman who embezzled more than $1.6 million from her employer and pled guilty to wire fraud and filing false tax returns, rejecting her claim that the U.S. government breached her plea agreement. by usoftax_admin | Apr 16, 2025 | Tax News
Certain workers who spend 30 days or less per year performing their duties in Alabama would be exempt from the state’s income tax under a bill approved Wednesday by the state House Ways and Means Education Commitee. by usoftax_admin | Apr 16, 2025 | Tax News
China’s long-term prospects are unfazed by U.S. tariffs because of its industrial resilience, diversified trade and shift toward domestic consumption, a Chinese government official said Wednesday as the country posted 5.4% year-on-year growth in gross domestic... by usoftax_admin | Apr 16, 2025 | Tax News
Nebraska’s general fund revenue collection from July through March totaled $12.7 million less than an estimate for the period, according to a report by the state Department of Revenue. by usoftax_admin | Apr 16, 2025 | Tax News
New York’s tax collections from April through March beat last year’s revenue by roughly $11 billion, the state Department of Taxation and Finance reported. by usoftax_admin | Apr 16, 2025 | Tax News
Applicable federal rates for income tax purposes are set to mostly decrease in May for the third month in a row, the Internal Revenue Service said Wednesday.