by usoftax_admin | Apr 25, 2024 | Tax News
A pending U.S. Supreme Court decision on when people can challenge federal regulations could put the breaks on lawsuits against old tax regulations just after the U.S. Tax Court invalidated a 1986 conservation easement rule. by usoftax_admin | Apr 25, 2024 | Tax News
The city of Cleveland moved to dismiss Thursday its appeal of a lower court’s order finding it couldn’t impose municipal income tax on a Pennsylvania resident working remotely, handing her the win and essentially ending the matter. by usoftax_admin | Apr 25, 2024 | Tax News
Expedia and some Republican lawmakers urged a Minnesota Senate panel Thursday to reject legislation that would apply local lodging taxes to the fees charged by booking companies beyond room costs, arguing the taxes would be unfair and complicate compliance. by usoftax_admin | Apr 25, 2024 | Tax News
The U.S. Tax Court reduced a $47.6 million conservation easement donation deduction Thursday for a partnership founded by former Atlanta Braves players John Smoltz and Ryan Klesko, finding the Internal Revenue Service properly pegged the deduction at one-tenth the... by usoftax_admin | Apr 25, 2024 | Tax News
A Romanian law imposing sanctions of €77,000 ($83,000) — 21 times the usual rate of taxation — on fuel placed back into storage is so extreme it violates European Union law, the EU’s top court said Thursday.