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NRA Says Colo. Excise Tax On Gun Sales Is Unconstitutional

by usoftax_admin | Apr 1, 2025 | Tax News

The National Rifle Association and other gun rights advocates have filed a lawsuit in Colorado state court challenging a voter-approved tax on the sale of firearms, contending the tax lacks the historical grounding to pass recent U.S. Supreme Court tests for laws...

Trump Admin Fights Wash.’s Bid To Expand Layoff Injunction

by usoftax_admin | Apr 1, 2025 | Tax News

The Trump administration has urged a California federal judge to reject the state of Washington’s request to expand an injunction blocking federal agencies from firing probationary employees, saying the bid to broaden the order to other agencies is unnecessary...

EU Busts ‘Mafia-Style’ Org In Tax Evasion, Other Crimes

by usoftax_admin | Apr 1, 2025 | Tax News

Authorities in Germany and Italy arrested 29 individuals Tuesday linked to a “mafia-style” organization that was accused of carrying out crimes including tax evasion, money laundering and attempted manslaughter, the European Union’s agency for...

NJ Cigar Co.’s Tax Base Dispute Teed Up For Trial

by usoftax_admin | Apr 1, 2025 | Tax News

A cigar seller that is subject to tobacco tax in New Jersey will get a chance at trial to show the wholesale price that should be used to calculate the company’s tax base, the New Jersey Tax Court said Tuesday.

Tax Court Rejects Excluding IRA Distribution From Income

by usoftax_admin | Apr 1, 2025 | Tax News

A Michigan man’s assertion that a $15,000 distribution from his individual retirement account was a loan to pay for his ex-wife’s funeral costs after her unexpected death doesn’t excuse him from needing to include that distribution on his tax return...

Calif. AG Backs Latest Bid To Extend False Claims Act To Tax

by usoftax_admin | Apr 1, 2025 | Tax News

California would make another attempt to expand the state’s False Claims Act to include tax matters, according to legislation filed in the state Senate, with the support of the state attorney general.
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