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US Supreme Court will review bankruptcy trustees' tax clawback power
Reuters· 39 minutes agoThe U.S. Supreme Court on Monday agreed to take up a case involving bankruptcy courts' authority to...
Colorado to see 'enormous decrease' in revenue, less TABOR refunds because of new tax laws
Colorado Springs Gazette· 3 days agoThe latest revenue forecast for Colorado's state government reflected the effects of some of the 30...
...Attorney General Supports FTC Enforcement Action Against TurboTax, Continues Fight Against...
Sierra Sun Times· 3 hours agoOAKLAND — California Attorney General Rob Bonta today joined 22 attorneys general in filing an amicus brief in support of the Federal Trade Commission's (FTC) cease-and-desist ...
Supreme Court decision saves Trump-era tax change, dodges big loss in federal tax revenue
USA TODAY via Yahoo News· 4 days ago"An opinion in favor of the Moores had the potential to upend many areas of current U.S. tax law,...
IRS Finalizes 2024 Federal EV Tax Credit Rules: Key Updates on Eligibility - EconoTimes
EconoTimes· 6 days agoThe IRS has finalized its 2024 regulations for the federal tax credit program for electric vehicles,...
...SCOTUS Rejects Constitutional Challenge to Mandatory Repatriation Tax, Holding It Applies to...
JD Supra· 14 hours agoThe MRT is a “one-time, backward-looking” tax in the 2017 Tax Cuts and Jobs Act imposed on some U.S. shareholders of foreign corporations ...
How Do EV Tax Credits Work?
Car and Driver via Yahoo News· 4 days agoIn 2024, several EVs are eligible for the federal government's tax credit program, which can reduce what you owe the IRS by up to $7500 for a single tax...
Biden just erased my student loan debt. If it’s a campaign ploy, I’m all for it | Opinion
Raleigh News and Observer via AOL· 2 days agoIn his typical deranged and incoherent way, the former president equated loan cancellation to...
Minnetonka resident, former pilot convicted for federal tax crimes
Hometownsource.com· 6 days agoAccording to the United States Attorney’s Office, a federal jury recently found Minnetonka resident and former commercial airline pilot Charles Randall Sorensen guilty of ...
Supreme Court Clarifies Estate Tax Consequences for Closely Held Company | JD Supra
JD Supra· 4 days agoThe Supreme Court of the United States issued an important ruling on June 6, 2024, clarifying the federal tax consequences of certain succession plans for closely held businesses ...