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Neb. Bill Resurrects Digital Ad Tax Plan In Special Session

by usoftax_admin | Jul 25, 2024 | Tax News

Nebraska lawmakers, calling for property tax relief in a special legislative session, resubmitted Thursday a proposal to fund property tax cuts with a tax on gross receipts from digital advertising services and by broadening the state’s sales tax regime.

NJ Justices Affirm Verizon’s Local Tax Bill On Equipment

by usoftax_admin | Jul 25, 2024 | Tax News

A Verizon entity must pay personal property tax on equipment at a switching station in a New Jersey borough, the state Supreme Court ruled Thursday, upholding lower court rulings that agreed with the town’s application of a law outlining when telephone companies...

NY Beverage Co.’s Tax Permit Properly Pulled, Court Says

by usoftax_admin | Jul 25, 2024 | Tax News

New York’s tax agency was within its authority to revoke the license of a $100 million wholesale beverage distributor for willfully failing to file required information about its customers, a state appeals court ruled Thursday.

Wyden Seeks Swiss Bank Info On Indicted Defense Contractor

by usoftax_admin | Jul 25, 2024 | Tax News

Senate Finance Committee Chairman Ron Wyden asked Swiss bank UBS in a letter published Thursday for information about a former U.S. defense contractor who the Department of Justice says avoided taxes on more than $350 million in income.

Senate Confirms First Tax Court Judge Since 2020

by usoftax_admin | Jul 25, 2024 | Tax News

The U.S. Senate on Thursday confirmed a U.S. Tax Court judge for the first time since 2020.

Clark Hill Adds Tax And Estate Atty From Plunk Smith In Texas

by usoftax_admin | Jul 25, 2024 | Tax News

A former Plunk Smith PLLC senior associate jumped to Clark Hill in Collin County, Texas, to serve as a member in the tax and estate planning practice, the firm announced Thursday.
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