by usoftax_admin | May 7, 2024 | Tax News
Colorado would extend temporary property tax rate reductions into 2024 and set lower rates for future years under bipartisan legislation passed Tuesday by the state Senate that is forecast to save property owners nearly $1 billion in its first year if enacted. by usoftax_admin | May 7, 2024 | Tax News
New Orleans’ attempt to impose sales tax on Apple Music streaming subscriptions is blocked by a federal law that prohibits discriminatory taxes on electronic commerce, the Louisiana Board of Tax Appeals ruled. by usoftax_admin | May 7, 2024 | Tax News
Alabama collected roughly $23.49 million less in net revenue from October through April than it did during the same period last fiscal year, the state Department of Revenue reported. by usoftax_admin | May 7, 2024 | Tax News
The increased tax assessment on a California solar lighting company was not barred by the statute of limitations because the company and government failed to tell the state about the federal adjustment, the state Office of Tax Appeals ruled. by usoftax_admin | May 7, 2024 | Tax News
The UK is also lagging behind other countries in use of technology for compliance purposes, Christiaan Van Der Valk argues by usoftax_admin | May 7, 2024 | Tax News
The U.S. Treasury Department proposed regulations Tuesday that provide guidance on the requirements for individuals to report their transactions with foreign trusts to the Internal Revenue Service, including the receipt of large gifts.