by usoftax_admin | Nov 4, 2024 | Tax News
Whether a Connecticut judge properly restored a batch of tax appeals after dismissing them could center on the meaning of the word “may,” a state Supreme Court justice said Monday, while also cautioning against an “Amelia Bedelia” approach to... by usoftax_admin | Nov 4, 2024 | Tax News
The U.S. Tax Court correctly found that the IRS appeals office didn’t abuse its powers by approving the agency’s federal tax lien to collect $4.2 million from a man with a court-ordered payment plan, the Second Circuit said. by usoftax_admin | Nov 4, 2024 | Tax News
The District of Columbia made permanent its temporary authorization of a competitive process for tax abatements for housing developments under legislation signed by the mayor, though the measure is subject to congressional review before it becomes law. by usoftax_admin | Nov 4, 2024 | Tax News
A Georgia accountant was sentenced to more than two years in prison for his role in promoting syndicated conservation easements that resulted in a $5 million tax loss to the Internal Revenue Service, the U.S. Department of Justice announced. by usoftax_admin | Nov 4, 2024 | Tax News
A Michigan federal judge ordered the U.S. to pay roughly $220,000 in attorney fees to a construction company that won its challenge to Internal Revenue Service penalties and overturned underlying agency guidance, rejecting a magistrate judge’s recommendation...