by usoftax_admin | Aug 6, 2024 | Tax News
The owners of a California hotel were correctly assessed taxes on the gains from sale of a property, the state Office of Tax Appeals said, finding the owners did not demonstrate they qualified for a tax deferral. by usoftax_admin | Aug 6, 2024 | Tax News
A recreation field owned by an Ohio-based church doesn’t qualify for a property tax exemption because it wasn’t used as a place of worship, the state Board of Tax Appeals affirmed. by usoftax_admin | Aug 6, 2024 | Tax News
Electronics maker Kyocera can’t seek a $7 million tax refund in federal district court because it owed taxes when it filed its original complaint, a fact that isn’t changed by IRS’ improper abatement of the company’s liabilities before it filed... by usoftax_admin | Aug 6, 2024 | Tax News
An Iowa church that used a psychedelic drug in its rites asked the D.C. Circuit for an en banc rehearing after a panel determined the church was correctly denied tax-exempt status since its main purpose was using a federally illegal drug. by usoftax_admin | Aug 6, 2024 | Tax News
Bressler Amery & Ross PC added longtime experts in tax law, trusts and estates, and commercial litigation in a recent round of expansion in New Jersey announced this week. by usoftax_admin | Aug 6, 2024 | Tax News
The U.S. Treasury Department proposed regulations Tuesday that outline when foreign taxes under the Pillar Two international minimum tax agreement could trigger long-standing U.S. rules that aim to prevent companies from what is known as double-dipping the same...