by usoftax_admin | Jun 11, 2024 | Tax News
Texas brought in $263 million more in general revenue from September through May than it did during the same period last fiscal year, the state comptroller’s office said. by usoftax_admin | Jun 11, 2024 | Tax News
A tax assessor in Connecticut properly declassified a property owner’s land as farmland, the state’s appellate court ruled in an opinion released Tuesday, affirming a trial court’s finding that the property was no longer used for farming. by usoftax_admin | Jun 11, 2024 | Tax News
Advertisements mailed for a Michigan insurance provider by an out-of-state direct-mail contractor should not incur the state’s use tax, the insurer told a state appeals court Tuesday. by usoftax_admin | Jun 11, 2024 | Tax News
The Internal Revenue Service’s push to recover $11.7 million in deficiencies and penalties from the estate of the matriarch of the family that founded Aflac is predicated on a “mistaken understanding” regarding a trust, the estate told the U.S. Tax... by usoftax_admin | Jun 11, 2024 | Tax News
States in the last two years are showing interest in worldwide combined reporting at a level not seen in decades, a tax expert said. by usoftax_admin | Jun 11, 2024 | Tax News
Multinational businesses are concerned that the burden of complying with the 15% global minimum tax outweighs any potential revenue gains associated with the burgeoning system, tax attorneys and a trade association representative said during a panel Tuesday.