by usoftax_admin | May 16, 2024 | Tax News
New Jersey will allow school districts that experienced cuts in state school aid to request increases in local property tax levies above previously permitted amounts without voter approval under a bill signed by Gov. Phil Murphy. by usoftax_admin | May 16, 2024 | Tax News
Two Senate Democrats asked U.S. Supreme Court Justice Clarence Thomas’ attorney to respond to what they called a failure to answer their questions about the justice’s $267,000 loan from a healthcare industry executive to finance a luxury recreational... by usoftax_admin | May 16, 2024 | Tax News
Eaton must comply with an Internal Revenue Service summons for the personnel records of its foreign employees in the government’s transfer pricing investigation of the multinational power management company, an Ohio federal judge ruled Thursday. by usoftax_admin | May 16, 2024 | Tax News
A bill calling for California to levy its 7.25% state sales and use tax on large online companies with digital advertising revenue above $2.5 billion passed a key Senate committee Thursday and will go to the full state Senate. by usoftax_admin | May 16, 2024 | Tax News
Two Democrats on the House of Representatives’ Ways and Means Committee requested a vote Thursday on legislation that would exclude disaster relief payments from a taxpayer’s gross income. by usoftax_admin | May 16, 2024 | Tax News
A proposed recommendation from the Streamlined Sales Tax Governing Board for states to use gross sales to measure whether a remote seller crossed a state’s economic nexus threshold fell two votes shy of final approval Thursday.