by usoftax_admin | May 13, 2025 | Tax News
The Pennsylvania Supreme Court on Tuesday weighed if a law empowering the state’s environmental regulator equated to securing legislative approval to join a multistate Regional Greenhouse Gas Initiative, with the state justices noting Pennsylvania is the only... by usoftax_admin | May 13, 2025 | Tax News
The House Republicans’ $3.8 trillion tax bill, which would make permanent many of the tax cuts for businesses and individuals that were passed in the 2017 overhaul law, is too costly and benefits the wealthy, Democrats on the House Ways and Means Committee said... by usoftax_admin | May 13, 2025 | Tax News
A U.S. Court of International Trade panel expressed skepticism Tuesday that the emergency law President Donald Trump is using to impose global tariffs left the determination of an “unusual and extraordinary threat” to be a political rather than legal... by usoftax_admin | May 13, 2025 | Tax News
Senate Finance Committee Democrats asked an energy company’s chairman Tuesday to address what they allege is evidence of a scheme involving members of President Donald Trump’s new administration, including the nominee for IRS commissioner, to validate... by usoftax_admin | May 13, 2025 | Tax News
The U.S. Tax Court erred by tossing the IRS’ suggested method to price royalties for intangible property licensed by medical device maker Medtronic to a Puerto Rican affiliate because its products differed from those of comparable uncontrolled companies, a... by usoftax_admin | May 13, 2025 | Tax News
The new KPMG law firm, launched in Arizona following that state’s repeal of the prohibition on fee sharing with nonlawyers, raises a number of important practice questions, both for the firm and those law firms seeking to partner with it, says Deborah Winokur at...