by usoftax_admin | Aug 30, 2024 | Tax News
A Colorado-based pipeline company said the state’s Division of Property Taxation wrongly assessed its property at $312 million for tax year 2024, an increase of about $140 million from last year, in a complaint filed in state district court. by usoftax_admin | Aug 30, 2024 | Tax News
Parties can now submit a full application for tax relief, though the amount on offer is less than the total funds applied for by usoftax_admin | Aug 30, 2024 | Tax News
The Michigan Supreme Court will not review a lower appeals court’s decision that found a revenue-triggered cut to the state’s income tax rate in 2023 was in effect for only one year, the justices said Friday. by usoftax_admin | Aug 30, 2024 | Tax News
A Michigan property’s valuation was properly uncapped because the transfer of ownership that followed the death of an owner nullified a state limit on valuation increases, a state appeals court said, affirming a tax tribunal decision. by usoftax_admin | Aug 30, 2024 | Tax News
In this week’s Taxation With Representation, Oneok reaches two agreements with energy infrastructure companies worth a total $5.9 billion, McKesson inks a $2.49 billion deal for a cancer center, and First Busey and CrossFirst Bankshares agree to a $917 million... by usoftax_admin | Aug 30, 2024 | Tax News
Michigan general fund revenues from October 2023 through July 2024 decreased by $504 million from last fiscal year, the state Budget Office said Friday.