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Fed. Circ. Revives HR Co.’s $1.6M Tax Penalty Refund Bid

by usoftax_admin | Oct 4, 2024 | Tax News

A human resources company that sought $1.6 million in tax penalty refunds should not have been rejected for its failure to attach power-of-attorney forms to its requests, the Federal Circuit said Friday in vacating a decision by the U.S. Court of Federal Claims.

Promise Of OECD’s Payments Tax Treaty Called Into Question

by usoftax_admin | Oct 4, 2024 | Tax News

The OECD-designed tool to provide developing countries with better means to apply a minimum tax on income sent from their jurisdictions to low-taxed entities within a corporate group is inadequate to address those countries’ revenue needs, tax policy...

Letting The People Decide: SALT In Review

by usoftax_admin | Oct 4, 2024 | Tax News

RSM’s David Brunori offers a look at tax-related ballot questions before the voters in 16 states this fall.

Pa. Church Denied Retroactive Appeal Of Assessment

by usoftax_admin | Oct 4, 2024 | Tax News

A Pennsylvania church was the one at fault for the delay in its property tax appeal and therefore isn’t eligible to bring the appeal retroactively, the state Commonwealth Court ruled Friday. 

W.Va. Revenue Through Sept. Beats Forecast By $1.2M

by usoftax_admin | Oct 4, 2024 | Tax News

West Virginia general revenue from July through September surpassed an estimate by $1.2 million, the state Budget Office reported.
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