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Tax Pact Board Approves Digital Goods Sourcing Plan

by usoftax_admin | Jul 18, 2024 | Tax News

The Streamlined Sales Tax Governing Board gave final approval Thursday to a proposal allowing states to apply the highest, lowest or a blended state and local tax rate inside a five-digit ZIP code area to sales of digital goods when buyers aren’t required to...

Ind. Tax Board Says German Cultural Center Not Tax-Exempt

by usoftax_admin | Jul 18, 2024 | Tax News

The Indiana Board of Tax Review determined that an event center owned by an organization that promotes German culture doesn’t qualify for a property tax exemption because the property is used for social purposes rather than cultural preservation.

Ind. Tax Board Agrees With $2M Valuation Of Unfinished Home

by usoftax_admin | Jul 18, 2024 | Tax News

An Indiana local assessor correctly valued an unfinished mansion at $2.2 million in 2021 and $2.4 million in 2022, a state review board determined after agreeing with the assessor’s cost approach.

Tax Court Affirms IRS Whistleblower Award Computation

by usoftax_admin | Jul 18, 2024 | Tax News

The Internal Revenue Service’s Whistleblower Office did not abuse its discretion when it set an award at 22% of collected proceeds even though other awards tied to related claims were set at 30%, the U.S. Tax Court said Thursday.

Ex-Venable Trusts And Estates Partner Joins Stradling In LA

by usoftax_admin | Jul 18, 2024 | Tax News

Stradling Yocca Carlson & Rauth PC announced that it launched a trusts and estates practice with the hiring of an experienced Los Angeles-based partner from Venable LLP.
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