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Ohio Trucking Co. Loses $1.1M Tax Case In Default Judgment

by usoftax_admin | Nov 7, 2023 | Tax News

A couple who ran an Ohio trucking company and failed to respond to the government’s claim that they owed $1.1 million in federal unemployment taxes are now on the hook for the bill, according to an Ohio federal court order.

Calif. Jewelry Store Gets Sales Tax Liability Partially Adjusted

by usoftax_admin | Nov 7, 2023 | Tax News

A California jewelry store owner can have her sales tax liability adjusted for some of her unreported sales, because the sales were exempt, the state Office of Tax Appeals said in a ruling released Tuesday.

Ore. Tax Court Denies Couple’s Bid For Early-Pay Discount

by usoftax_admin | Nov 7, 2023 | Tax News

An Oregon couple were correctly denied a discount for early payment of property taxes on their home, the state tax court said, upholding a decision by the court’s Magistrate Division that found the taxpayers had failed to prove they were eligible for the...

Digital tax returns are evolving, not becoming extinct

by usoftax_admin | Nov 7, 2023 | Tax News

Russell Gammon, chief solutions officer at Tax Systems, argues AI and other technology will positively transform tax processes, but old-fashioned returns will not disappear overnight

Fed. Circ. Questions Bid To Revive $550M In Fuel Credits

by usoftax_admin | Nov 7, 2023 | Tax News

Federal Circuit judges questioned a Philadelphia energy company’s bid to revive its claim to $550 million in tax credits for making alternative fuel, saying during oral arguments Tuesday that the company faced several problems, including that its fuel mixture...

DC-Area Broadcasters Slam Digital Ad Tax Proposal

by usoftax_admin | Nov 7, 2023 | Tax News

A panel recommending tax policy to the District of Columbia should scrap a proposal to impose a tax on digital advertising services, area broadcasters said, citing potential financial damage to local television and radio stations and newsrooms.
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