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Cos. Seek Pause Of Retention Credit Processing In Litigation

by usoftax_admin | Jan 7, 2025 | Tax News

Two companies that helped clients obtain pandemic-era employee retention tax credits asked Arizona federal district court Tuesday to pause the IRS’ use of a system for automatically processing claims, saying harm caused by this process cannot be remedied after...

Detroit Settles Protracted Tax Fight Over Holding Co.’s Gain

by usoftax_admin | Jan 7, 2025 | Tax News

Detroit reached a tentative settlement in a long-running tax assessment dispute stemming from a holding company’s gain from selling stock in a Canadian tobacco testing company, the city said in a court filing Tuesday.

ND Gov. Pitches Property Tax Reform In Annual Address

by usoftax_admin | Jan 7, 2025 | Tax News

North Dakota would cap local property tax increases at 3% and double a major exemption under a plan pitched by the state’s new governor that he said would eliminate the tax on many primary residences in the next decade.

Mont. Bill Seeks Review Process For Tax-Exempt Property

by usoftax_admin | Jan 7, 2025 | Tax News

Montana would require the state Department of Revenue to create a program to review property that is exempt from taxation under a bill introduced in the state House of Representatives.

Mont. Bill Seeks Lower Electronic Tax Payment Threshold

by usoftax_admin | Jan 7, 2025 | Tax News

Montana would lower the threshold above which tax liabilities must be paid electronically to one-tenth of the current amount as part of a bill introduced in the state House of Representatives.

Mont. Bill Seeks Electronic Notice Option For Taxpayers

by usoftax_admin | Jan 7, 2025 | Tax News

Montana would give taxpayers the option to receive communications from the state Department of Revenue electronically under a bill introduced in the state House of Representatives.
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