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KPMG spinout Interpath launches tax practice in Ireland

by usoftax_admin | Apr 9, 2024 | Tax News

Interpath has hired a managing partner from rival accounting firm BDO to lead the new operation

Tenn. House OKs Corp. Tax Change, $800M In Rebates

by usoftax_admin | Apr 9, 2024 | Tax News

Corporations operating in Tennessee could be eligible for about $800 million in rebates for past tax payments along with reduced liabilities going forward under legislation approved by the state House of Representatives.

Trump Loses 2nd Appellate Bid To Pause NY Criminal Trial

by usoftax_admin | Apr 9, 2024 | Tax News

A New York state appellate judge refused Tuesday to delay Donald Trump’s upcoming criminal hush-money trial while the former president challenges a gag order, just one day after a different appeals judge declined to halt the trial due to supposed jury pool...

Biz Group Looks To Sink NY’s Tax Rule For Internet Activities

by usoftax_admin | Apr 9, 2024 | Tax News

A New York regulation outlining when certain online activities by out-of-state businesses exceed a federal law’s protections against state income taxes unconstitutionally narrows the law’s scope, the American Catalog Mailers Association said Tuesday in...

NRA, LaPierre, Execs Seek To Ax $6M Misconduct Verdict

by usoftax_admin | Apr 8, 2024 | Tax News

The National Rifle Association, its longtime CEO Wayne LaPierre and two other executives asked a New York judge to throw out a Manhattan jury’s verdict that they improperly used donor money, among other misconduct, and owe the gun rights group a total of $6.4...

Two home energy rebates not includible in gross income, IRS says

by usoftax_admin | Apr 8, 2024 | Tax News

The IRS said it will not include the rebates provided under the Inflation Reduction Act of 2022 in individual purchasers’ gross income or in the cost basis of the property purchased.
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