by usoftax_admin | Feb 28, 2024 | Tax News
The top-ranking Republican on the Senate Finance Committee said Wednesday that he cannot support the bipartisan tax bill pending in the Senate as long as a provision that allows taxpayers to receive a refundable child tax credit based on their prior year’s... by usoftax_admin | Feb 28, 2024 | Tax News
California may charge sales tax on the full price of a cellphone that was sold as part of a bundled transaction, a state appeals court ruled, overturning a trial court’s decision. by usoftax_admin | Feb 28, 2024 | Tax News
Amgen had no obligation to disclose specific amounts of proposed adjustments to its taxes, the company told a New York federal court as it again demanded dismissal of a proposed class action alleging the company hid a $10.7 billion tax bill from investors. by usoftax_admin | Feb 28, 2024 | Tax News
South Carolina lawmakers passed a bill Wednesday that would impose additional standards for when the state or a business can assert alternative apportionment when evaluating transfer pricing matters. by usoftax_admin | Feb 28, 2024 | Tax News
Legal troubles for the principals of Philadelphia’s Par Funding cash advance company are mounting as federal prosecutors hit them with a new indictment adding Racketeering Influenced Corrupt Organization Act allegations on top of existing charges that the... by usoftax_admin | Feb 28, 2024 | Tax News
A jury shouldn’t be shown evidence of the U.S. government’s error in approving a Michigan business owner’s application for a Paycheck Protection Program loan while he was under indictment, federal prosecutors have argued.