by usoftax_admin | Sep 4, 2024 | Tax News
An Ohio law that bars school boards from appealing certain valuation rulings from boards of revision doesn’t apply to complaints that were pending when the restriction took effect in 2022, the state Supreme Court affirmed Wednesday. by usoftax_admin | Sep 4, 2024 | Tax News
An Indiana woman adequately proved she had more than $465,000 in substantiated gambling losses over six years, the U.S. Tax Court said Wednesday, though she failed to substantiate her claimed business losses. by usoftax_admin | Sep 4, 2024 | Tax News
The Internal Revenue Service should increase its scrutiny of real estate investment trusts to determine whether companies are benefiting from REIT tax benefits while flouting rules, including those that limit the level of a REIT’s ownership in a company, Sen.... by usoftax_admin | Sep 4, 2024 | Tax News
Colorado will cut property tax assessment rates and impose caps on the growth of local revenue under legislation signed into law Wednesday by Gov. Jared Polis, staving off two ballot initiatives critics said would have devastated local government budgets. by usoftax_admin | Sep 4, 2024 | Tax News
The owner of a Massachusetts apartment building that contains a commercial space was unable to have the property’s valuation reduced because its evidence of comparable sales didn’t account for differences in the properties, the state Appellate Tax Board...