by usoftax_admin | Dec 3, 2024 | Tax News
Two former Atlanta Braves players penalized for allegedly overstating the value of a conservation easement donation urged the Eleventh Circuit to toss the costly ruling against them, saying the U.S. Tax Court’s decision showed “blatant disregard” for... by usoftax_admin | Dec 3, 2024 | Tax News
Nearly three in eight businesses in a poll said they were waiting until the end of the year to file beneficial ownership information reports. by usoftax_admin | Dec 3, 2024 | Tax News
The owner of a California furniture stores chain committed sales tax fraud, and the relevant tax agency was correct in charging him a 25% fraud penalty and in finding he had more than $6.4 million in unreported taxable sales, the state Office of Tax Appeals... by usoftax_admin | Dec 3, 2024 | Tax News
California would exclude tips from gross income for state personal income tax purposes under a bill introduced in the state Senate. by usoftax_admin | Dec 3, 2024 | Tax News
The California Office of Tax Appeals denied an architectural firm’s claim of research and development tax credits, saying the firm failed to substantiate the amount of time its employees dedicated to qualifying research activities. by usoftax_admin | Dec 3, 2024 | Tax News
California would declare state lawmakers’ intent to amend the state constitution to limit the state and local governments’ power to raise taxes as part of a bill introduced in the Assembly.