by usoftax_admin | Sep 26, 2024 | Tax News
The Ohio Supreme Court ordered the state’s tax commissioner Thursday to recompute the value of a deduction for clearing woodlands that factors into assessments of agricultural properties, agreeing with a group of landowners who argued the figure was set... by usoftax_admin | Sep 26, 2024 | Tax News
California reinstated a capital investment incentive program that allows local governments to offer partial property tax abatements for qualified manufacturing facilities and expanded the program to include qualifying projects that make lower initial investments under... by usoftax_admin | Sep 26, 2024 | Tax News
The Montreal Exchange is a qualified board or exchange for purposes of mark-to-market contracts under Internal Revenue Code Section 1256(g)(7)(C), the Internal Revenue Service said Thursday. by usoftax_admin | Sep 26, 2024 | Tax News
The Pennsylvania Commonwealth Court erred in sending a charter school’s retroactive property tax appeal back to a county board, because the charter school had failed to exhaust statutory remedies, the state Supreme Court ruled Thursday. by usoftax_admin | Sep 26, 2024 | Tax News
The Internal Revenue Service has started a supplemental claim filing process to allow third-party payers who handle tax and payroll reporting for clients to fix incorrect unprocessed claims for the employee retention credit, the agency said Thursday.