by usoftax_admin | Oct 20, 2023 | Tax News
Twelve property valuation appeals by Ohio school boards can go forward despite a law that limits what parties can appeal valuations, a state appeals court ruled, because the complaints were filed prior to the law taking effect. by usoftax_admin | Oct 20, 2023 | Tax News
A Texas oil company with a stake in the oil well that caused the Deepwater Horizon disaster can’t claim a franchise tax refund for $4 billion in settlement expenses tied to the incident, a state appeals court ruled. by usoftax_admin | Oct 20, 2023 | Tax News
Commissioner Danny Werfel focused on IRS efforts to get wealthy corporations and high-income individuals to pay taxes they owe as he made his case for the Service to keep both its annual appropriations and funding from the Inflation Reduction Act. by usoftax_admin | Oct 20, 2023 | Tax News
Property owners in Michigan who fail to notify an assessor’s office of a property sale would be liable for a penalty of up to twice the amount of taxes that would have been owed on the property after the sale under a bill passed by the state Senate. by usoftax_admin | Oct 20, 2023 | Tax News
From a look at lower corporate tax revenue and a three-month extension of airline ticket taxes to the role state and local tax deductions are playing in the House of Representatives speaker race, here’s a peek into a reporter’s notebook on a few of the... by usoftax_admin | Oct 20, 2023 | Tax News
The First Circuit should overturn a decision allowing the IRS to seize a man’s financial records from cryptocurrency exchange Coinbase, a cryptocurrency advocacy group argued Friday, saying a lower court’s misunderstanding of decentralized banking allowed...