by usoftax_admin | Feb 20, 2024 | Tax News
Iowa income received by a certified public accountant for some work done for a government agency would be exempt from tax under a bill introduced in the state House of Representatives. by usoftax_admin | Feb 20, 2024 | Tax News
Virginia would require some localities to notify property owners if the assessment of real property in the locality is going to increase the property tax that’s levied, under a bill sent to Gov. Glenn Youngkin. by usoftax_admin | Feb 20, 2024 | Tax News
Philadelphia’s refusal to credit a woman’s Delaware state income taxes paid against her city wage tax liabilities unconstitutionally discriminates against interstate commerce, the woman argued Tuesday in asking the U.S. Supreme Court to review a... by usoftax_admin | Feb 20, 2024 | Tax News
The federal government agreed to stop pursuing the widow of a diamond mogul to recover millions in tax liabilities connected to her husband and his estate after their adult son agreed to pay $63 million, according to a New York federal court order Tuesday. by usoftax_admin | Feb 20, 2024 | Tax News
Practitioners must weigh applicable professional standards and exercise due diligence in assessing whether a taxpayer claiming an employee retention credit must amend one or more income tax returns to reduce deductions of wages for which the credit was claimed. by usoftax_admin | Feb 20, 2024 | Tax News
Japan and Ukraine signed a new convention to prevent double taxation and tax evasion, which would replace an old treaty between Japan and the Soviet Union, Japan’s Ministry of Finance announced.