by usoftax_admin | May 30, 2024 | Tax News
The U.S. Tax Court ruled Thursday that it cannot review a woman’s roughly $1,700 whistleblower award from the Internal Revenue Service because it does not meet a threshold for mandatory awards. by usoftax_admin | May 30, 2024 | Tax News
After the U.S. Securities and Exchange Commission’s recently announced enforcement proceedings against audit firm BF Borgers for fabricating audit documentation for hundreds of public companies, those companies will need to follow special procedures for... by usoftax_admin | May 30, 2024 | Tax News
The Internal Revenue Service has chosen an adviser in its Transformation and Strategy Office to serve as the agency’s new chief taxpayer experience officer, according to a statement Thursday. by usoftax_admin | May 30, 2024 | Tax News
Colorado will allow an income tax credit for investments in certain low-income housing projects and increase the amount of affordable housing tax credits it offers under a bill signed Thursday by Democratic Gov. Jared Polis. by usoftax_admin | May 30, 2024 | Tax News
Large companies that provide consulting services to the New South Wales government should be required to pay taxes on their company earnings along with payroll taxes on partnership earnings, according to a report from the Australian state’s Parliament. by usoftax_admin | May 30, 2024 | Tax News
Qatar signed two agreements Thursday to prevent double taxation and tax evasion, one with Saudi Arabia and the other with the United Arab Emirates. by usoftax_admin | May 30, 2024 | Tax News
Michigan businesses that offer employees paid leave to donate organs would be able to receive a tax credit under a bill introduced in the state Senate on Thursday. by usoftax_admin | May 30, 2024 | Tax News
Maine’s revenue collection from July through April missed budget projections by $102 million, according to the state Department of Administrative and Financial Services. by usoftax_admin | May 30, 2024 | Tax News
Arizona’s one-time income tax rebates last year should not be subject to federal tax, the state told a federal court, urging it to reject the Internal Revenue Service’s push to dismiss the state’s suit challenging the taxation. by usoftax_admin | May 30, 2024 | Tax News
Diplomats agreed this week to finalize a treaty for reallocating some of large companies’ tax payments and setting standards to simplify some transfer pricing in lower-income countries by June 30 after having missed a March deadline, according to a statement...