by usoftax_admin | Jun 11, 2024 | Tax News
Two Guyanese businessmen and a Guyanese official were sanctioned by the U.S. Treasury Department on Tuesday after a probe into a corruption scheme that helped the businessmen evade $50 million in gold export taxes that should have been paid to Guyana’s... by usoftax_admin | Jun 11, 2024 | Tax News
Rhode Island would allow its Division of Taxation and secretary of state’s office to share information on a business’ tax status as part of a bill passed by lawmakers and headed to the governor. by usoftax_admin | Jun 11, 2024 | Tax News
A Tennessee company’s refurbished trucks do not qualify for the safe harbor from the heavy-truck excise tax and should not be exempt from roughly $400 million in excise taxes, penalties and interest, the U.S. government told the Sixth Circuit. by usoftax_admin | Jun 11, 2024 | Tax News
The New York State Senate confirmed Democratic Gov. Kathy Hochul’s nominee for the state’s Tax Appeals Tribunal, according to a statement from the governor’s office. by usoftax_admin | Jun 11, 2024 | Tax News
Colorado will allow taxpayers to claim income tax credits for charitable gifts made through certain intermediaries instead of directly to qualifying organizations under a bill signed by Democratic Gov. Jared Polis. by usoftax_admin | Jun 11, 2024 | Tax News
An undeveloped property in West Milford, New Jersey, that’s owned by Newark was properly valued by West Milford, as the property is a watershed subject to tax, the New Jersey Tax Court ruled. 