by usoftax_admin | Apr 18, 2024 | Tax News
An apparel company on Thursday reiterated to the Ohio Supreme Court that it is not subject to gross receipts tax on receipts from the sale of goods that an in-state distribution center transports to retail stores outside Ohio. by usoftax_admin | Apr 18, 2024 | Tax News
Two brothers who claimed that a convicted fraudster stole from a holding company for their struggling savings and loan can’t take a theft-loss deduction topping $3.8 million because they failed to prove a connection to the fraud, the U.S. Tax Court ruled... by usoftax_admin | Apr 18, 2024 | Tax News
Maryland’s digital advertising tax violates the commerce clause of the U.S. Constitution and the Internet Tax Freedom Act, streaming giant Peacock TV LLC told the Maryland Tax Court on Thursday in one of several related cases pending before the court. by usoftax_admin | Apr 18, 2024 | Tax News
Proposed regulations from the U.S. Department of the Treasury and Internal Revenue Service on donor-advised funds will likely be changed so that they don’t apply retroactively, government officials said Thursday. by usoftax_admin | Apr 18, 2024 | Tax News
Louisiana’s remote sellers commission is seeking to intervene in a constitutional challenge against the state’s sales tax system, elevating the profile of the litigation that alleges Louisiana’s varying state and local tax rules are overly burdensome... by usoftax_admin | Apr 18, 2024 | Tax News
Counsel for Donald Trump in the ex-president’s federal classified documents case in Florida again asked on Thursday to extend disclosure deadlines, contending that their client would be prejudiced without more time while some of them defend Trump in his hush...