by usoftax_admin | Feb 27, 2024 | Tax News
Maryland would allow the governing body of a municipality to award property tax credits for three property situations, the amount of which could be decided by the municipality, under a bill passed Tuesday by the state House Ways and Means Committee. by usoftax_admin | Feb 27, 2024 | Tax News
The U.S. Treasury Department should rethink its proposed upcoming rule that would deny the basis that U.S. companies have in particular foreign affiliates involved in certain inbound transactions, the National Foreign Trade Council said in a letter made public... by usoftax_admin | Feb 27, 2024 | Tax News
The Internal Revenue Service temporarily reopened its free electronic filing pilot program to more new users Tuesday in the 12 states where taxpayers can participate, an agency official said in a statement. by usoftax_admin | Feb 27, 2024 | Tax News
The Internal Revenue Service hired two staffers to assist with forming the agency’s approach to cryptocurrency and other digital assets, the agency announced Tuesday. by usoftax_admin | Feb 27, 2024 | Tax News
Georgia would increase the state’s tangible personal property exemption, exempting personal property under $20,000 from property tax, if the voters approve a referendum on a bill passed in the state House of Representatives. by usoftax_admin | Feb 27, 2024 | Tax News
New Jersey would levy a new corporate business tax on income over $10 million as part of a plan to help fund the state’s public transportation infrastructure, Gov. Phil Murphy announced in his budget address Tuesday.