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A&O Shearman Taps Governance Veteran To Co-Lead Practice

by usoftax_admin | Oct 17, 2024 | Tax News

A&O Shearman said Thursday that it has tapped a longtime partner to co-head the firm’s compensation, employment, pensions and governance practice, bringing it under the joint leadership of alum from each of its two legacy firms after the merger between New...

Justices Told Woman Can’t Dispute Levy For Paid-Off Tax

by usoftax_admin | Oct 17, 2024 | Tax News

A Third Circuit decision allowing a woman to challenge her tax liabilities in a property-seizure proceeding should be overturned, the Internal Revenue Service told the U.S. Supreme Court, saying her case became moot after the agency withheld her tax refunds to pay off...

Ill. Revenue Collection Through Sept. Lags Forecasts By $12M

by usoftax_admin | Oct 17, 2024 | Tax News

Illinois’ general fund revenue collection from July through September came in below forecasts by $12 million, according to a report by the Governor’s Office of Management and Budget.

Idaho Revenue Through Sept. Exceeds Forecast By $66M

by usoftax_admin | Oct 17, 2024 | Tax News

Idaho’s general fund revenue from July through September beat an estimate by $66 million, the state Division of Financial Management said.

Ore. Tax Dept. Not Bound By IRS Errors, Court Says

by usoftax_admin | Oct 17, 2024 | Tax News

Oregon’s tax department is not bound by erroneous adjustments made by the Internal Revenue Service to a couple’s income tax return, the state’s tax court said, saying state law allows the department to adjust state returns.
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