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Mich. House Bill Aims To Shield Info In Tax Tribunal Cases

by usoftax_admin | Apr 24, 2024 | Tax News

Michigan would establish a process for parties to request that certain information, including trade secrets, financial information and personal information, remain confidential during proceedings before the state tax tribunal under a bill introduced in the state House...

Tax Court Backs IRS On Accuracy-Related Penalty

by usoftax_admin | Apr 24, 2024 | Tax News

The Internal Revenue Service complied with supervisory approval requirements when it levied a $99,000 accuracy-related penalty on two Florida men, the U.S. Tax Court ruled Wednesday.

Va. Income Tax Applies To Man Paying A Mortgage In State

by usoftax_admin | Apr 24, 2024 | Tax News

A Virginia man who moved to another state is still domiciled in Virginia after he failed to abandon his home, the state tax commissioner ruled. 

Kaiser Wins $6.7M Real Estate Tax Refund Linked To Nonprofit

by usoftax_admin | Apr 24, 2024 | Tax News

A split Washington appeals panel said that the Kaiser Foundation Health Plan of Washington was entitled to a $6.7 million real estate excise tax refund levied after its acquisition of the nonprofit Group Health Cooperative, reversing a trial court.

Texas Proposes Small Biz Definition To Online Sourcing Regs

by usoftax_admin | Apr 24, 2024 | Tax News

Texas would again revise its administrative rules on sourcing sales and use taxes from online sellers to include definitions for small businesses and microbusinesses as part of a new rule proposed by the state comptroller’s office.
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