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La. Tax Break Doesn’t Apply To Apartment’s Affordable Units

by usoftax_admin | Mar 6, 2025 | Tax News

The owner of a Louisiana apartment complex cannot claim a property tax exemption for the complex’s affordable housing units because the units were not dedicated solely to a public purpose, a state appellate court ruled. 

Ark. General Revenues Through Feb. Up $105M Over Estimate

by usoftax_admin | Mar 6, 2025 | Tax News

Arkansas general revenue collection from July through February beat forecasts by $105 million, according to a report by the state’s Department of Finance and Administration.

IRS Can’t Defend Slashing Of Easement Value, 11th Circ. Told

by usoftax_admin | Mar 6, 2025 | Tax News

Conservation easement donors whose charitable tax deduction was reduced by millions of dollars by the U.S. Tax Court criticized the Internal Revenue Service’s defense of the decision, telling the Eleventh Circuit the ruling ignored copious evidence of the...

Trump’s Value-Added Tax Focus In Tariff Plan Stirs Angst

by usoftax_admin | Mar 6, 2025 | Tax News

President Donald Trump’s call to target value-added taxes in his reciprocal tariff plan could distort global supply chains and create additional burdens for U.S. companies, contrary to his stated goals of lowering prices for consumers and boosting business,...

7 Tips For Associates To Thrive In Hybrid Work Environments

by usoftax_admin | Mar 6, 2025 | Tax News

As the vast majority of law firms have embraced some type of hybrid work policy, associates should consider a few strategies to get the most out of both their in-person and remote workdays, says James Argionis at Cozen O’Connor.
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