by usoftax_admin | May 29, 2024 | Tax News
Colorado extended its film production tax credit, previously set to end this year, and increased the amount of qualifying expenses that may be claimed for the credit under legislation signed by Democratic Gov. Jared Polis. by usoftax_admin | May 29, 2024 | Tax News
Colorado authorized a pair of tax credits to promote investment in quantum technology development facilities by entities that are also receiving certain federal grants under legislation signed into law by Gov. Jared Polis. by usoftax_admin | May 29, 2024 | Tax News
Treasury released proposed rules Wednesday outlining which technologies would qualify for new zero-emission energy tax credits, saying wind, solar and geothermal are among those that would make the cut. by usoftax_admin | May 28, 2024 | Tax News
Lawmakers haven’t yet enacted funding levels for low-income taxpayer clinics for 2025, but they could grease the wheels of tax administration by preserving enhanced funding for the clinics, which helps more taxpayers comply with the law, reducing the burden on... by usoftax_admin | May 28, 2024 | Tax News
Lithuanian tax authorities have asked the Court of Justice of the European Union whether the past economic justification for a video game company’s structure allows it to avoid €1 million ($1.1 million) in tax payments, according to court documents. by usoftax_admin | May 28, 2024 | Tax News
A Michigan doctor will stay jailed for civil contempt after a federal judge found Tuesday that he failed to back up claims that he cannot pay his more than $1 million in foreign bank account reporting penalties due to a bank’s bankruptcy and his criminal...