by usoftax_admin | Jul 23, 2024 | Tax News
Newell Brands told the U.S. Tax Court the Internal Revenue Service misapplied transfer pricing law to levy almost $124 million in additional taxes and penalties. by usoftax_admin | Jul 23, 2024 | Tax News
President Joe Biden has nominated a U.S. Department of Veterans Affairs investigator to serve as Treasury inspector general for tax administration, the Internal Revenue Service’s federal watchdog, the White House announced Tuesday. by usoftax_admin | Jul 23, 2024 | Tax News
The Pennsylvania Supreme Court has accepted the city of Pittsburgh’s request to review a lower court decision that ended the city’s fee on nonresident professional athletes, also known as the jock tax, the court said. by usoftax_admin | Jul 23, 2024 | Tax News
A Florida law that defines what counts as miles flown inside Florida for tax purposes unconstitutionally encompasses territory outside the state’s boundaries, JetBlue told a state court. by usoftax_admin | Jul 23, 2024 | Tax News
Michigan increased a penalty for property owners who fail to notify an assessor’s office of a transfer of ownership under a bill signed Tuesday by Democratic Gov. Gretchen Whitmer. by usoftax_admin | Jul 23, 2024 | Tax News
Nebraska’s governor said his plan to broaden the state’s sales tax regime to pay for property tax relief won’t tax agricultural items, manufacturing materials, food or services or items exempt in surrounding states.