by usoftax_admin | Jul 1, 2024 | Tax News
A Pennsylvania man was sentenced to approximately 12 years in prison following his convictions for bank fraud, aggravated identity theft and unlawful monetary transactions related to theft of federal COVID-19 pandemic relief funds, according to the U.S.... by usoftax_admin | Jul 1, 2024 | Tax News
California would scrap part of a ballot initiative that would have reduced the threshold needed for local governments to pass special taxes for public infrastructure and affordable housing projects under another ballot measure passed by legislators. by usoftax_admin | Jul 1, 2024 | Tax News
Confidential Michigan Tax Tribunal proceedings are shielded from public-records requests, a state appeals court ruled, rejecting the tribunal’s claim that it’s required to disclose confidential information unless it’s exempt from release under the... by usoftax_admin | Jul 1, 2024 | Tax News
California will let taxpayers subject to a temporary business tax credit cap imposed by the state’s recently enacted budget tax law elect to receive a refund for credits they otherwise could have claimed for the limitation period under a bill signed by Gov.... by usoftax_admin | Jul 1, 2024 | Tax News
Womble Bond Dickinson has added a partner to its corporate and securities group in Houston who will focus on tax law and cross-border transactions, the firm announced. by usoftax_admin | Jul 1, 2024 | Tax News
A California couple should have included Social Security disability payments in their income on their federal tax return, the U.S. Tax Court said Monday, upholding an Internal Revenue Service determination against the couple in such a case for a second time.