by usoftax_admin | Jul 16, 2024 | Tax News
The California Franchise Tax Board will continue to be allowed to notify taxpayers electronically when statements, bills and other communications are available for online viewing under a bill signed by Gov. Gavin Newsom. by usoftax_admin | Jul 16, 2024 | Tax News
A Rhode Island man was required to file an amended state income tax return after the Internal Revenue Service disallowed his federal earned income tax credit, the state Division of Taxation ruled. by usoftax_admin | Jul 16, 2024 | Tax News
An energy company told the New Jersey Tax Court that the state’s denial of partnership losses stemming from its interest in a solar energy business was unconstitutional based on precedent outlining the apportionment rules for operational losses between... by usoftax_admin | Jul 16, 2024 | Tax News
A construction company’s shareholders asked the U.S. Supreme Court to review a decision revoking their tax refund for the company’s $1.3 million in claimed research credits, saying the Fifth Circuit wrongly deferred to the Internal Revenue Service in... by usoftax_admin | Jul 16, 2024 | Tax News
South Dakota’s general fund receipts in the 2024 fiscal year were roughly $24 million higher than budget estimates, according to the state Bureau of Finance and Management. by usoftax_admin | Jul 16, 2024 | Tax News
The announcement is due to be made during the country’s Union Budget statement next week, according to reports