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Idaho Cuts Biz Unemployment Insurance Tax Rates

by usoftax_admin | Mar 7, 2024 | Tax News

Idaho businesses will see lower unemployment insurance tax rates than previously forecast under legislation signed into law by the governor.

IRS Seeks Suggestions For Next Priority Guidance Plan

by usoftax_admin | Mar 7, 2024 | Tax News

The Internal Revenue Service is soliciting public suggestions for its 2024-25 priority guidance plan, the agency announced Thursday.

Feds Look To Bar Advice-Of-Counsel Defense From Tax Trial

by usoftax_admin | Mar 7, 2024 | Tax News

Federal prosecutors have sought to prevent two attorneys and an insurance agent from relying on advice-of-counsel defenses in their upcoming tax fraud trial, telling a North Carolina federal judge the trio failed to give the court an adequate heads-up about their...

Wis. Assembly Bill Seeks Tax Credits For Film Production

by usoftax_admin | Mar 7, 2024 | Tax News

Wisconsin would allow income and franchise tax credits for film production companies equal to 25% of certain production and capital costs under legislation introduced in the state Assembly. 

NJ Panel Advances EV Fees, Tweaks To Gas Tax Rate Formula

by usoftax_admin | Mar 7, 2024 | Tax News

New Jersey would impose registration fees on electric vehicles and alter a formula providing for how the gas tax rate should be adjusted annually under a bill a state Assembly committee approved Thursday.

Okla. House OKs Tax Credit For Crisis Pregnancy Center Gifts

by usoftax_admin | Mar 7, 2024 | Tax News

Oklahoma would allow taxpayers to claim an income tax credit equal to 70% of the amount of a donation made to a crisis pregnancy center under a bill passed in the state House of Representatives. 
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