by usoftax_admin | Jun 6, 2024 | Tax News
A speaker at AICPA & CIMA ENGAGE tells attendees that the IRS is paying higher salaries to attract midcareer workers as the agency increases audits. by usoftax_admin | Jun 6, 2024 | Tax News
A New York judge on Thursday rejected a request by the National Rifle Association and its longtime executives to set aside a jury’s $6.4 million verdict that found they misspent charitable funds, saying Attorney General Letitia James provided sufficient evidence... by usoftax_admin | Jun 6, 2024 | Tax News
A trust lost its ownership claims to property when an Idaho federal court determined the property had been transferred to the trust fraudulently, the Ninth Circuit said Thursday, affirming a decision to deny a $225,000 tax refund. by usoftax_admin | Jun 6, 2024 | Tax News
Vermont conformed its income tax law to federal income tax and estate tax statutes and will allow municipalities to enact local-option taxes without charter amendments that require approval by the state General Assembly under a bill signed by the governor. by usoftax_admin | Jun 6, 2024 | Tax News
The U.S. Tax Court wrongly denied deductions to a former attorney’s $81 million estate for million-dollar payouts it made to his stepchildren after they sued, the estate told the Eleventh Circuit, saying the payments satisfied legitimate claims against the... by usoftax_admin | Jun 6, 2024 | Tax News
Colorado will expand the scope of a task force responsible for simplifying the state’s sales and use tax regime to improve the local lodging tax system as part of a bill signed into law by Democratic Gov. Jared Polis.