by usoftax_admin | Sep 27, 2023 | Tax News
Massachusetts would double its estate tax exemption, adopt single-factor apportionment for business taxes and cut its short-term capital gains tax rate under a major tax relief package approved by the state House of Representatives on Wednesday. by usoftax_admin | Sep 27, 2023 | Tax News
A New York man who continued to pay employees after the suspension of his business license did not show he couldn’t pay payroll taxes or would have faced undue hardship from paying the tax, the U.S. Tax Court ruled Wednesday. by usoftax_admin | Sep 27, 2023 | Tax News
A Missouri property leased to dine-in movie theater chain Alamo Drafthouse Cinema was properly valued at nearly $6.7 million, the state tax commission said, rejecting a bid from the limited liability company that renovated the property to lower its value by nearly $4... by usoftax_admin | Sep 27, 2023 | Tax News
A prominent Houston injury attorney was sentenced Wednesday to one year of supervised release and a $100,000 fine for his role in a multimillion-dollar ambulance-chasing kickback scheme that ran from 2006 to 2019. by usoftax_admin | Sep 27, 2023 | Tax News
The Minnesota Tax Court will not reopen the record in a case involving the valuation of medical device company Medtronic’s property despite a county’s requests to present new evidence. by usoftax_admin | Sep 27, 2023 | Tax News
The Ohio Board of Tax Appeals waived a man’s late property tax payment penalty, reversing a local board’s decision after finding that the late payment was due to a postal worker stealing mail.