by usoftax_admin | Mar 4, 2025 | Tax News
A trio of Minnesota municipalities are asking a federal court for a quick win in a dispute over more than 3,000 acres taken into trust for the Mille Lacs Band of Ojibwe Indians, arguing that the decisions are the product of an unconstitutionally biased process. by usoftax_admin | Mar 4, 2025 | Tax News
The U.S. Tax Court ruled Tuesday that global financial services firm Cantor Fitzgerald must include a $3.1 million grant from New York’s 9/11 recovery program in its taxable income, as it failed to prove the funds were tax-exempt under any provision. by usoftax_admin | Mar 4, 2025 | Tax News
The federal government dropped its push Tuesday to reinstate civil fraud penalties against a partnership founded by former Atlanta Braves players John Smoltz and Ryan Klesko in their Eleventh Circuit appeal of a decision slashing their $47 million deduction for a... by usoftax_admin | Mar 4, 2025 | Tax News
The Colorado Supreme Court declined to review an appeals court ruling finding that a rehabilitation hospital should be classified as a commercial property for tax purposes because it was predominantly designed for its services and not for residency. by usoftax_admin | Mar 4, 2025 | Tax News
The Senate passed legislation Tuesday that would repeal a final U.S. Treasury Department rule implementing additional reporting requirements for decentralized finance brokers.