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Minn. Tax Panel OKs Corp. Disclosures, Reporting Study

by usoftax_admin | Apr 22, 2024 | Tax News

Minnesota would require disclosure of some tax information of large corporations and would examine the state’s corporate tax base, including the prospect of worldwide combined reporting, under legislation approved by a House committee.

Colo. To Forgive Underpayments Caused By State’s Bad Info

by usoftax_admin | Apr 22, 2024 | Tax News

Colorado will hold vendors harmless for underpayments of sales or use tax caused by errors in a state Department of Revenue information system database under a bill signed by Democratic Gov. Jared Polis.

Ex-NJ Mayor Used Office To Get Job From Atty, AG Says

by usoftax_admin | Apr 22, 2024 | Tax News

The former mayor of Wildwood, New Jersey, has been indicted on new charges accusing him of using his elected position to obtain a job from a city attorney and of not paying state taxes on his earnings from that position, New Jersey Attorney General Matthew J. Platkin...

Colo. Will Standardize Booking Sites’ Reporting Requirements

by usoftax_admin | Apr 22, 2024 | Tax News

Accommodation intermediaries used to book lodging in Colorado would be treated the same as a marketplace facilitator and won’t be required to do additional reporting under a bill signed by Gov. Jared Polis. 

SC’s Courts Have It Wrong On Amazon Marketplace Sales Tax

by usoftax_admin | Apr 22, 2024 | Tax News

The South Carolina Supreme Court should step in and correct the misguided change in tax law effectuated by lower court rulings that found Amazon owes state sales tax for marketplace sales made prior to the U.S. Supreme Court’s Wayfair v. South Dakota decision in 2018,...

Ex-US Atty’s Stepson Says He Has None Of Docs Gov’t Seeks

by usoftax_admin | Apr 22, 2024 | Tax News

The stepson of a former Nevada U.S. attorney convicted of failing to pay taxes told a Nevada federal court that he doesn’t have the financial documents the federal government has demanded in its $1.3 million tax suit against his stepfather.
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