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Five minutes with… Vishal Sharma, Alvarez & Marsal

by usoftax_admin | May 22, 2024 | Tax News

Sharma, managing director for A&M in the United Arab Emirates, tells ITR about intense time pressures, mimicking Jurgen Klopp and what makes tax cool

FTC Noncompete Ban Raises Stakes For Nonprofit Hospitals

by usoftax_admin | May 21, 2024 | Tax News

The Federal Trade Commission seems eager to apply its employee noncompete ban to healthcare, with a key target in mind: nonprofit healthcare providers that, in the agency’s view, act more like for-profit businesses.

House Sends Disaster Tax Relief Bill To Senate

by usoftax_admin | May 21, 2024 | Tax News

The U.S. House of Representatives overwhelmingly passed legislation Tuesday that would exclude disaster relief payments from a taxpayer’s gross income, sending the bill to the Senate.

SC Justices Urged To Review $12.5M Amazon Tax Dispute

by usoftax_admin | May 21, 2024 | Tax News

South Carolina’s highest court should review an appeals court’s opinion that Amazon was required to collect and remit sales tax on products sold on its marketplace in 2016 and owes the state $12.5 million in tax, according to amicus briefs Law360 obtained...

Wash. Justices Seem Split On Funds Getting Biz Tax Breaks

by usoftax_admin | May 21, 2024 | Tax News

The Washington Supreme Court appeared divided on Tuesday over whether precedent means a group of funds are eligible for a business tax deduction on investment income, with one justice suggesting a previous ruling did not mesh with state tax law.

Nixing Green Energy Tax Perks Would Be Tough For Trump

by usoftax_admin | May 21, 2024 | Tax News

Former President Donald Trump has vowed to scrap Democrats’ signature 2022 climate law should he get reelected in November, but following through on that campaign promise could prove difficult amid bipartisan support for many of the law’s clean energy tax...
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