by usoftax_admin | Mar 7, 2024 | Tax News
Alabama now offers a refundable income tax credit for parents of qualifying students to pay for tuition, fees, textbooks and private tutoring under a bill signed by the governor. by usoftax_admin | Mar 7, 2024 | Tax News
New Mexico will change its income tax regime, flatten the corporate income tax rate and expand tax credits for energy efficient equipment as part of a bill that the governor signed while vetoing a tax break for oil and gas companies. by usoftax_admin | Mar 7, 2024 | Tax News
More than $1,500 in disability payments received by a Texas couple must be included in their gross income, the U.S. Tax Court ruled Thursday. by usoftax_admin | Mar 7, 2024 | Tax News
A man who reported his siblings for tax fraud and received a whistleblower award wasn’t entitled to more money, the D.C. Circuit ruled, saying the IRS was correct in reducing the amount after concluding the man, a manager in the family business, likely... by usoftax_admin | Mar 7, 2024 | Tax News
Missouri would allow individuals to claim an income tax deduction for tangible personal property taxes paid under a bill the state House Ways and Means Committee approved Thursday. by usoftax_admin | Mar 7, 2024 | Tax News
The Metropolitan Transit Authority and the Triborough Bridge and Tunnel Authority are urging a New Jersey federal judge to rule in favor of New York’s congestion pricing plan in a suit by the Garden State, calling the neighboring state’s claim that it did...