by usoftax_admin | Mar 12, 2024 | Tax News
The U.S. Justice Department filed an appeal Monday challenging the district court’s decision that the law, which requires businesses to report beneficial ownership information, is unconstitutional. by usoftax_admin | Mar 12, 2024 | Tax News
Two former software executives in North Carolina were convicted Tuesday of failing to pay hundreds of thousands of dollars in employment taxes, but were absolved of charges that they lied on their individual tax returns, bringing to a close their five-day trial in... by usoftax_admin | Mar 12, 2024 | Tax News
A little-used constitutional test could solve the issue of whether Illinois’ policy of requiring retailers to base their sourcing methods on whether they are in-state or remote is unconstitutional, a Multistate Tax Commission official said Tuesday. by usoftax_admin | Mar 12, 2024 | Tax News
The Internal Revenue Service’s free electronic tax-return filing pilot program is now open to all 19 million eligible taxpayers in the 12 states where people can participate, agency Commissioner Daniel Werfel told reporters Tuesday. by usoftax_admin | Mar 12, 2024 | Tax News
Florida’s general revenue collection from July through January was $74 million higher than forecast, according to a monthly revenue report by the state’s Office of Economic and Demographic Research. by usoftax_admin | Mar 12, 2024 | Tax News
A California man agreed to pay almost $500,000 in penalties, late fees and interest for failing to report his bank accounts in the Bahamas on his tax forms, according to a stipulated order entered by a California federal court.