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NY To Provide Sales Tax Break For Energy Storage Equipment

by usoftax_admin | May 30, 2024 | Tax News

New York will exempt receipts for retail sales of residential energy storage systems equipment from state and local sales and use taxes, effective Saturday, the state Department of Taxation and Finance said Thursday.

Mich. Total Revenue Through April Falls $590M From Last Year

by usoftax_admin | May 30, 2024 | Tax News

Michigan’s total general revenue from October through April was down $590 million compared with the same period last fiscal year, the state Budget Office said Thursday.

Ex-KPMG Manager Joins Davis+Gilbert As Tax Partner

by usoftax_admin | May 30, 2024 | Tax News

A former managing director at KPMG has joined New York law firm Davis+Gilbert LLP as a tax partner in its corporate and transactions practice, Davis+Gilbert announced.

Black Business Owners Sue Over Impact Of Transparency Act

by usoftax_admin | May 30, 2024 | Tax News

The Corporate Transparency Act creates unique burdens on businesses owned by people of color, immigrants and other marginalized groups, the Black Economic Council of Massachusetts and several company owners said in the latest legal challenge to the anti-money...

Russian Gas Ex-CFO Says $44M FBAR Penalty Is Excessive

by usoftax_admin | May 30, 2024 | Tax News

The former chief financial officer of a Russian gas company who was sentenced to seven years in prison for hiding money in Swiss banks told a Florida federal court that the $44 million in foreign account reporting penalties the government is seeking is illegally...

Trauma-Informed Legal Approaches For Pro Bono Attorneys

by usoftax_admin | May 30, 2024 | Tax News

As National Trauma Awareness Month ends, pro bono attorneys should nevertheless continue to acknowledge the mental and physical effects of trauma, allowing them to better represent clients, and protect themselves from compassion fatigue and burnout, say Katherine...
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