by usoftax_admin | Nov 6, 2023 | Tax News
A Georgia partnership regained $1 million of its $14 million conservation easement deduction but must pay penalties for inflating the value of the easement property, the U.S. Tax Court ruled Monday. by usoftax_admin | Nov 6, 2023 | Tax News
Individuals challenging Washington state’s tax on capital gains lack standing to bring a petition to the U.S. Supreme Court, and also have misrepresented the question the court would need to decide, the state told the justices. by usoftax_admin | Nov 6, 2023 | Tax News
A Streamlined Sales Tax Governing Board council voted Monday in favor of a policy stating that remote sellers must register with states no later than 60 days after hitting their nexus thresholds. by usoftax_admin | Nov 6, 2023 | Tax News
Pennsylvania collected $3.2 billion in general fund revenue in October, 3.8% more than anticipated, the state tax department said. by usoftax_admin | Nov 6, 2023 | Tax News
A biotechnology company was wrongly stripped of tax credits for increasing its scientific research, it told the Fourth Circuit on Monday, saying it correctly excluded $26.6 million in clinical testing expenses from its baseline calculation, which should have entitled... by usoftax_admin | Nov 6, 2023 | Tax News
A Maryland title company is due a refund on taxes for recording real estate transfers on mortgage funding withheld for future property improvements, the state’s tax court said in a decision released Monday, invalidating the city of Baltimore’s collection...