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Calif. OTA Finds Couple Responsible For Tax Penalties

by usoftax_admin | Feb 8, 2024 | Tax News

A California couple are responsible for more than $28,000 in penalties after tax regulators claimed the pair failed to make required tax payments during tax years 2019 and 2021, the state Office of Tax Appeals ruled.

NJ, Ft. Lee Mayor Fail To Merge NY Congestion Pricing Suits

by usoftax_admin | Feb 8, 2024 | Tax News

A federal judge on Thursday rejected a bid to consolidate two lawsuits — one filed by New Jersey, the other by the mayor of a Garden State town — seeking to halt New York City’s congestion pricing toll plan, ruling that the suits make similar claims but seek...

IRS Used Invalid Regs To Allocate 3M’s Income, 8th Circ. Told

by usoftax_admin | Feb 8, 2024 | Tax News

Multinational conglomerate 3M urged the Eighth Circuit to reverse a U.S. Tax Court decision upholding regulations that the IRS had used to disregard Brazilian legal restrictions when allocating the company’s income, contending that the rules contravene an...

First Returns Submitted Using IRS Free E-File Pilot Program

by usoftax_admin | Feb 8, 2024 | Tax News

Early testers of the Internal Revenue Service’s free electronic tax return pilot program successfully filed the first returns using the system, an agency official said Thursday.

Tax Court Frees Woman From Ex’s Omitted Income

by usoftax_admin | Feb 8, 2024 | Tax News

Meeting the criteria for innocent spouse relief, a Wisconsin woman is not liable for a portion of a tax liability from the year her divorce was finalized, the U.S. Tax Court ruled Thursday.

Tax Court Rejects Guardian’s Claims For Tweaked Treatment

by usoftax_admin | Feb 8, 2024 | Tax News

An Illinois woman is ineligible for head-of-household status as well as the earned income tax credit because her dependent spent most of the year living elsewhere, the U.S. Tax Court ruled Thursday.
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