by usoftax_admin | Apr 5, 2024 | Tax News
Five Michigan families want the U.S. Supreme Court to hear their challenge to a Michigan constitutional provision that they say prevents them from using tax-advantaged education savings accounts to pay for religious school tuition, alleging the law amounts to... by usoftax_admin | Apr 5, 2024 | Tax News
Former reality star and convicted fraudster Michael “Todd” Chrisley must pay $755,000 in damages after a federal jury found this week that he slandered a Georgia Department of Revenue employee who played a bit role in his criminal investigation. by usoftax_admin | Apr 5, 2024 | Tax News
The 15% global minimum tax will worsen the problems that monopolistic companies impose on economies because raising taxes on a company that lacks competition will lead it to raise prices, an academic expert on tax havens said Friday during a conference. by usoftax_admin | Apr 5, 2024 | Tax News
A federal court declined Friday to bar federal taxation of Arizona’s one-time state tax rebates issued last year, rejecting the state’s move for a preliminary injunction against the Internal Revenue Service. by usoftax_admin | Apr 5, 2024 | Tax News
The U.S. Department of Energy rebates awarded to taxpayers who bought an energy efficient home or retrofitted their current residence to reduce energy consumption won’t need to be reported in the property owner’s gross income, the IRS announced... by usoftax_admin | Apr 5, 2024 | Tax News
The Ireland Department of Finance released a hypothetical example Friday to help guide further discussions on the country’s planned implementation of a participation exemption from Irish corporation tax for foreign dividends.