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Ohio Justices Nix Local Appeal Of Pipeline’s $950M Tax Value

by usoftax_admin | Aug 20, 2024 | Tax News

An Ohio county auditor cannot appeal a settlement agreement between the state tax agency and an energy company over the $950 million value of a gas pipeline transmission system, the state’s highest court ruled Tuesday, upholding the state Board of Tax...

Insider Trading Won’t Impact Pilot’s Tax Sentencing Guidelines

by usoftax_admin | Aug 20, 2024 | Tax News

A Manhattan federal judge found Tuesday that insider trading allegations won’t bump up the guidelines sentencing range for a pilot for U.K. billionaire Joe Lewis who pled guilty to tax evasion.

Temple Law Prof, Kostelanetz Atty To Lead ABA Tax Section

by usoftax_admin | Aug 20, 2024 | Tax News

A longtime professor at the Temple University Beasley School of Law and a seasoned tax controversy partner at Kostelanetz LLP will together helm the American Bar Association Section of Taxation for the 2025-2026 term, the firm announced Tuesday.

Tax Prep Biz Falsified Credits, Caused $41M Loss, US Says

by usoftax_admin | Aug 20, 2024 | Tax News

A cosmetologist who started her own tax-preparation business in Houston caused $40.7 million in tax losses with the help of her husband by falsifying returns, including improperly claiming pandemic-era credits, the U.S. government told a Texas federal court...

Allen Matkins Tax Group Leader Jumps To Covington In LA

by usoftax_admin | Aug 20, 2024 | Tax News

Covington & Burling LLP has added to its Los Angeles office a partner with more than 20 years of experience who most recently led Allen Matkins Leck Gamble Mallory & Natsis LLP’s tax group, describing the new hire in an announcement as “one of the...
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