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Real Estate Tax Ballot Initiatives To Watch

by usoftax_admin | Oct 30, 2024 | Tax News

Next week, voters in seven states will be weighing in on a variety of real estate tax ballot initiatives, including various measures that would provide additional property tax relief to veterans.

Ohio Justices Say Attorney In Prison Should Not Be Disbarred

by usoftax_admin | Oct 30, 2024 | Tax News

The Ohio Supreme Court ruled Tuesday that an attorney in federal prison for his participation in a tax fraud scheme should not be disbarred, and should have a chance to reapply for his law license in the future

Va. Tax Boss Orders 2nd Look At Co.’s Bank Card Tax Break

by usoftax_admin | Oct 30, 2024 | Tax News

Virginia auditors must take a closer look at a company’s sales of debit and credit cards to better evaluate whether the cards were exempt from tax as property to be resold to final customers, the state’s tax commissioner said.

‘Our clients will be disappointed’: Experts criticise UK chancellor’s Budget

by usoftax_admin | Oct 30, 2024 | Tax News

The UK is ‘heading to Scandinavia’ as its tax burden increases and isn’t creating an attractive environment for a wave of investment, experts have told ITR

Mayo Shouldn’t Get Tax Break For Education, 8th Circ. Told

by usoftax_admin | Oct 30, 2024 | Tax News

The Eighth Circuit should overturn a ruling that found the Mayo Clinic’s intertwined medical and educational purposes qualified it for a tax exemption on certain business income for educational institutions, the U.S. government argued, saying a recent Fifth...

IRS Seeks Taxpayer Advocacy Panel Members From 14 States

by usoftax_admin | Oct 30, 2024 | Tax News

The Internal Revenue Service is accepting applications for its Taxpayer Advocacy Panel from 14 states and Puerto Rico, the agency said Wednesday.
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