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Lawsuits Shouldn’t Be Shadow Assets For Foreign Capital

by usoftax_admin | Apr 9, 2025 | Tax News

Third-party litigation financing amplifies inefficiencies from litigation and facilitates national exposure to foreign influence in the U.S. justice system, so full disclosure of financing arrangements should be required as a matter of institutional integrity, says...

Colo. Appeals Court Urged To Toss Transportation Fees

by usoftax_admin | Apr 8, 2025 | Tax News

Colorado’s 2021 transportation funding law violates the state Taxpayer’s Bill of Rights and related provisions, an anti-tax group told an appeals court panel Tuesday, urging it to reverse a district court order that stopped its lawsuit.

Feds Call Exec Charged With Tax Evasion A Flight Risk

by usoftax_admin | Apr 8, 2025 | Tax News

An aerospace company founder facing tax evasion and other fraud charges should remain in pretrial detention because he’s a major flight risk, prosecutors told a D.C. federal court.

Md. Lawmakers OK Tax on Data Services, High Earners

by usoftax_admin | Apr 8, 2025 | Tax News

Maryland would impose a tax on data service and create new income tax brackets for high earners under a budget package passed by the legislature, which next goes to the governor, who has voiced support for the measure.

Boston Pol To Resign After Admitting Kickback Scheme

by usoftax_admin | Apr 8, 2025 | Tax News

A Boston city councilor said Tuesday she will resign from her position, after agreeing to plead guilty to using taxpayer funds in a bonus-kickback scheme that involved a secretive $7,000 cash handoff in a City Hall bathroom.

GOP, Panelists Urge Estate Tax Repeal As Aid For Small Biz

by usoftax_admin | Apr 8, 2025 | Tax News

Congress should impose additional tax relief, including repealing the estate tax, in addition to extending the Tax Cuts and Jobs Act’s expired and expiring provisions this year, Republicans and several witnesses said during a hearing held by House and Senate...
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