by usoftax_admin | Jul 16, 2024 | Tax News
A New York couple was properly denied tens of thousands of dollars worth of deductions on their federal income taxes by the Internal Revenue Service, since the pair neither qualified nor adequately substantiated their claims, the U.S. Tax Court said Tuesday. by usoftax_admin | Jul 16, 2024 | Tax News
As one taxing body out of many in Allegheny County, Pennsylvania, the School District of Pittsburgh lacks standing in its lawsuit seeking to force a countywide reassessment of property values, the county said in its preliminary objections to the suit. by usoftax_admin | Jul 16, 2024 | Tax News
The California Franchise Tax Board will continue to be allowed to notify taxpayers electronically when statements, bills and other communications are available for online viewing under a bill signed by Gov. Gavin Newsom. by usoftax_admin | Jul 16, 2024 | Tax News
A Rhode Island man was required to file an amended state income tax return after the Internal Revenue Service disallowed his federal earned income tax credit, the state Division of Taxation ruled. by usoftax_admin | Jul 16, 2024 | Tax News
An energy company told the New Jersey Tax Court that the state’s denial of partnership losses stemming from its interest in a solar energy business was unconstitutional based on precedent outlining the apportionment rules for operational losses between...