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RI Sen. Bill Seeks Tax Credit For Donating Food To Nonprofits

by usoftax_admin | Mar 11, 2024 | Tax News

A bill introduced in the Rhode Island Senate would provide an annual tax credit up to $5,000 for food donations to nonprofit organizations.

Senate Finance Panel To Meet Tuesday On Manufacturing

by usoftax_admin | Mar 11, 2024 | Tax News

The Senate Finance Committee is scheduled to meet Tuesday to discuss congressional efforts for encouraging progress and investment in domestic manufacturing, according to a notice Monday.

Australian roundup: AusNet decision, South African treaty modifications, and thin capitalisation reforms

by usoftax_admin | Mar 11, 2024 | Tax News

Jason Carli of DLA Piper Australia analyses a Federal Court ruling on rollover relief, the publication of updates to a double tax agreement, and a report on amendments to the thin capitalisation reform bill

IRS Leaker Should Be Deposed Without All Docs, Judge Says

by usoftax_admin | Mar 8, 2024 | Tax News

Attorneys for a hedge fund executive should question the former IRS contractor who admitted to stealing the tax returns of him and others, even though the IRS hasn’t finished producing evidence in the case seeking to hold the agency responsible for the leak, a...

Hunter Biden’s Trump Conspiracy Theory Baseless, US Says

by usoftax_admin | Mar 8, 2024 | Tax News

Hunter Biden’s claim that former President Donald Trump is improperly driving his criminal prosecution on nine counts of tax violations is nothing more than a baseless conspiracy theory, the U.S. government told a California federal court Friday, arguing against...

Judge Questions A La Carte Approach To Juice Tax Refunds

by usoftax_admin | Mar 8, 2024 | Tax News

Kroger and Safeway argued Friday that a plaintiff who accused them of illegally charging sales tax on juice could only seek refunds from a state agency, prompting a Washington appeals judge to ask whether customers would have to recoup payments “one juice box at...
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