by usoftax_admin | Mar 19, 2024 | Tax News
Chicago voters rejected a contentious referendum Tuesday night that would have authorized the city to impose tiered real estate transfer tax rates including an increase for properties sold at $1 million and higher. by usoftax_admin | Mar 19, 2024 | Tax News
Allowing taxpayers to communicate with the IRS almost entirely online will free the agency’s workers to handle other tasks, Commissioner Danny Werfel said in a speech Monday. by usoftax_admin | Mar 19, 2024 | Tax News
The United Nations’ tax committee is aiming this week to finalize a tool to facilitate faster adoption of updates to its model tax treaty within bilateral negotiations, although some members remain skeptical about its usefulness, according to discussions... by usoftax_admin | Mar 19, 2024 | Tax News
About 500 entities have requested registration numbers for more than 45,500 projects that aim to utilize the Inflation Reduction Act’s clean energy tax credits, the Internal Revenue Service and U.S. Department of the Treasury said Tuesday. by usoftax_admin | Mar 19, 2024 | Tax News
The U.S. Treasury Department should revise excise tax rules for certain distributions from donor-advised funds in a manner that is consistent with regulations governing similar funds and that doesn’t duplicate existing tax penalties, the American Bar Association... by usoftax_admin | Mar 19, 2024 | Tax News
Iowa would prohibit a graduated income tax rate and require corporate or individual income tax increases to be passed with a two-thirds vote under a proposed constitutional amendment introduced in the state House of Representatives. 