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Tipster Urges DC Circ. To Reverse IRS Award Denial

by usoftax_admin | Mar 6, 2025 | Tax News

A man whose claim for a whistleblower award was rejected by the U.S. Tax Court asked the D.C. Circuit to reverse and reject arguments by the IRS that the court lacked authority to make a decision on grounds the agency did not act on the tipster’s...

Wyoming Creates Partial Property Tax Break For Homeowners

by usoftax_admin | Mar 6, 2025 | Tax News

Wyoming established a tax exemption for a portion of homeowners’ properties under a bill signed by the governor.

Mining Co. Seeks Arbitration Of $7B Dispute With Venezuela

by usoftax_admin | Mar 6, 2025 | Tax News

The subsidiary of a Bermuda-based mining company asked an international arbitration institution to settle a dispute in excess of $7 billion against the Venezuelan government, saying its actions damaged the company’s investments in a mining project.

Minn. Panel OKs Sales Tax Break For Broadband Gear

by usoftax_admin | Mar 6, 2025 | Tax News

Minnesota would modify its sales tax exemption for pay television and telecommunications machinery and equipment so that internet equipment would also be eligible for the break under legislation advanced by a House of Representatives panel.

Feds Want Foreclosure On NJ Property In $16.2M Tax Fight

by usoftax_admin | Mar 6, 2025 | Tax News

A New Jersey property owned by a man who owes $16.2 million in taxes should be foreclosed on and sold to pay his debt, the U.S. government said Thursday, arguing that a property easement no longer restricts it from a sale.
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