by usoftax_admin | Nov 20, 2024 | Tax News
A Florida couple asked the Eleventh Circuit Wednesday to revive their proposed class suit against the state’s chief financial officer over a law that allows officials to hold unclaimed money indefinitely, arguing that it is a taking without just compensation... by usoftax_admin | Nov 20, 2024 | Tax News
A Georgia couple whose challenge of a 2019 tax collection was dismissed by the U.S. Tax Court when they failed to present the required IRS notice of deficiency were similarly turned away by the D.C. Circuit on Wednesday. by usoftax_admin | Nov 20, 2024 | Tax News
Excise duties that India’s mobile telecommunication providers pay when building the infrastructure for their networks — such as transmission towers — can be used as tax credits, the Supreme Court of India ruled Wednesday. by usoftax_admin | Nov 20, 2024 | Tax News
A barred Florida tax preparer was sentenced to four years in prison for falsifying returns to trigger inflated refunds for participants in a three-year tax fraud scheme called the “note program,” the U.S. Department of Justice said Wednesday. by usoftax_admin | Nov 20, 2024 | Tax News
A couple living in Switzerland for part of each year timely filed their claim for overpaid New York state income taxes dating back to 2011 soon after winning double-taxation relief under the Swiss-U.S. tax treaty in 2018, the state’s tax department said.