by usoftax_admin | May 28, 2024 | Tax News
Business groups told the Fourth Circuit on Tuesday that they supported Bank of America in its fight against a North Carolina federal court ruling that found the bank wasn’t entitled to net the interest on the tax liabilities of Merrill Lynch after the two... by usoftax_admin | May 28, 2024 | Tax News
Minnesota will raise the payroll premium for its upcoming family and medical leave program under legislation signed by the governor over the objections of Republican lawmakers who said the package was rushed through during the Legislature’s final hours. by usoftax_admin | May 28, 2024 | Tax News
The National Rifle Association’s former chief financial officer has reached a settlement with the New York attorney general’s office ahead of the second phase of a trial over claims the group and its executives misused donor money, among other alleged... by usoftax_admin | May 28, 2024 | Tax News
Illinois would authorize the state tax department to enter agreements with financial institutions to identify accounts of people and businesses who are delinquent in the payment of taxes using a data-match system under a bill passed by state lawmakers and headed to... by usoftax_admin | May 28, 2024 | Tax News
A bipartisan group of Pennsylvania lawmakers voiced support Tuesday to ditch the state’s 40% cap on net operating loss deductions and either match the federal standard or eliminate the limit altogether. by usoftax_admin | May 28, 2024 | Tax News
St. Louis must issue earnings tax refunds to six nonresidents for days they worked outside the city after the COVID-19 pandemic began, but those employees can’t seek a class action on behalf of other remote workers, the Missouri Court of Appeals court ruled...