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Hawaii Senate OKs Cannabis Legalization Bill

by usoftax_admin | Mar 7, 2024 | Tax News

The Hawaii Senate has approved a bill to legalize marijuana for adult nonmedical use and tax and regulate its sale, sending the proposal to the state House of Representatives for review.

MTC Digital Work Group Eyes Taxation Of Bundled Products

by usoftax_admin | Mar 7, 2024 | Tax News

A Multistate Tax Commission work group aiming to harmonize state tax rules for digital products will next turn its attention to how to tax products that are sold in a bundle, the state representatives who are members of the group said Thursday.

Mich. Law Firm Owes Atty Fees For Unauthorized Tax Appeal

by usoftax_admin | Mar 7, 2024 | Tax News

A Michigan law firm that appealed a country club’s tax assessment without the club’s authorization must cover the costs and attorney fees that a township incurred in litigating the case, the state’s tax tribunal ruled.

Unpacking FinCEN’s Proposed Real Estate Transaction Rule

by usoftax_admin | Mar 7, 2024 | Tax News

Phil Jelsma and Ulrick Matsunaga at Crosbie Gliner take a close look at the Financial Crimes Enforcement Network’s recently proposed rulemaking — which mandates new disclosures for professionals involved in all-cash real estate deals — and discuss best next...

Supremacy Clause Bars Wash. Tax On FCC Lifeline Program

by usoftax_admin | Mar 7, 2024 | Tax News

The Washington State Supreme Court said Thursday that Assurance Wireless USA does not have to pay a state sales tax on funds it receives from a federal free-phone program, in a unanimous opinion that found the levy violates the constitutional ban on states...

Ex-Mass. Senator’s Aide Gets Short Prison Term For Tax Fraud

by usoftax_admin | Mar 7, 2024 | Tax News

The former chief of staff to a Massachusetts state senator was sentenced Wednesday in federal court to 30 days in prison for failing to report income she was receiving from a business she owned and other jobs while collecting her state salary.
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