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Calif. Sales By Snowmaking Co. Are Taxable, OTA Says

by usoftax_admin | Aug 6, 2024 | Tax News

A company that creates and supplies snow for entertainment companies in California had $1.93 million in taxable sales in 2012 through 2015 despite the company saying the snow was not tangible personal property, the California Office of Tax Appeals ruled.

Wash. Appeals Court Reverses On Gas Chain Owing State Tax

by usoftax_admin | Aug 6, 2024 | Tax News

A Pacific Northwest gas station chain that issued fuel cards to customers must pay the Washington state business tax when cardholders purchase gas from other participating gas station chains as well as from nonparticipating chains, a state appeals court panel said...

Tax Compliance Costs US Economy $546B, Report Says

by usoftax_admin | Aug 6, 2024 | Tax News

The billions of hours spent completing Internal Revenue Service forms and tax returns, along with out-of-pocket compliance costs, ultimately costs the U.S. economy over $546 billion, the Tax Foundation reported Tuesday.

Calif. Hoteliers Denied Tax Break On Property Sale

by usoftax_admin | Aug 6, 2024 | Tax News

The owners of a California hotel were correctly assessed taxes on the gains from sale of a property, the state Office of Tax Appeals said, finding the owners did not demonstrate they qualified for a tax deferral.

Ohio Board Affirms Nix Of Tax Break For Church’s Rec Site

by usoftax_admin | Aug 6, 2024 | Tax News

A recreation field owned by an Ohio-based church doesn’t qualify for a property tax exemption because it wasn’t used as a place of worship, the state Board of Tax Appeals affirmed.
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