by usoftax_admin | Jul 11, 2024 | Tax News
A retired railroad worker and his wife must include benefits from the Railroad Retirement Board in their taxable income, having failed to prove that the benefits are nontaxable due to their disabilities, the U.S. Tax Court ruled Thursday. by usoftax_admin | Jul 11, 2024 | Tax News
Pennsylvania would authorize Pittsburgh to adopt a property tax relief program that would let longtime homeowners claim tax breaks related to rising real estate taxes under a bill that narrowly passed the state House and next goes to Democratic Gov. Josh... by usoftax_admin | Jul 11, 2024 | Tax News
Missouri will allow the state Department of Economic Development to offer tax credits for capital investments in certain rural areas as part of a bill signed by the governor Thursday. by usoftax_admin | Jul 11, 2024 | Tax News
The Pennsylvania Department of Education and state tax board were the proper parties to be named in a group’s challenge to the uniformity of a county’s tax system, the Pennsylvania Commonwealth Court ruled Thursday, rejecting objections from the department... by usoftax_admin | Jul 11, 2024 | Tax News
President Joe Biden should get behind Brazil’s proposal for the Group of 20 nations to coordinate a minimum tax on billionaires, nearly 20 former presidents and prime ministers from countries such as Canada, France and South Korea said in an open letter. by usoftax_admin | Jul 11, 2024 | Tax News
Despite growing buzz, normalized nonlawyer ownership of law firms is a distant prospect, so the legal community should focus first on liberalizing state restrictions on attorney and firm purchases of practices, which would bolster succession planning and improve...