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Ind. Tax Board Says Waste Hauler’s Equipment Not Taxable

by usoftax_admin | Dec 4, 2024 | Tax News

An Indiana-based waste management company was wrongly assessed personal property tax on front-end lifts attached to its garbage trucks, the state’s Board of Tax Review said.

IRS Warns Of Rising Charitable Contribution Scams

by usoftax_admin | Dec 4, 2024 | Tax News

The Internal Revenue Service warned taxpayers Wednesday of an uptick in fraud schemes involving donations of ownership interests in closely held businesses, a scam that usually targets wealthier people.

IRS Seeks Electronic Tax Committee Membership Applications

by usoftax_admin | Dec 4, 2024 | Tax News

The Internal Revenue Service is accepting applications until the end of January to join its Electronic Tax Administration Advisory Committee, the agency announced Wednesday.

Retired Professor Says He Didn’t Waive Rights In FBAR Fight

by usoftax_admin | Dec 4, 2024 | Tax News

An 86-year-old former professor told a California federal court that he raised his Eighth Amendment rights against excessive fines when defending himself against a $545,000 penalty for failing to report foreign bank accounts, disputing arguments by the U.S. government...

Uber Didn’t Have To Collect Tax Pre-Wayfair, Court Told

by usoftax_admin | Dec 4, 2024 | Tax News

Uber was not required before the Wayfair decision to collect and remit millions in sales taxes on behalf of drivers and customers who use its app, an attorney for the ride-hailing company told a Georgia appellate panel Wednesday, urging the panel to overturn a trial...
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