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HFZ Capital Cops To $86M Fraud Charges, Blames Ex-Chief

by usoftax_admin | Aug 2, 2024 | Tax News

Defunct real estate firm HFZ Capital Group pled guilty in an $86 million criminal case Friday, admitting that its former top executive Nir Meir evaded New York City property taxes and stole funds from commercial and residential building projects.

Colo. Appeals Panel Rejects Lower Tax Rate For Hospital

by usoftax_admin | Aug 2, 2024 | Tax News

A Colorado rehabilitation hospital should be classified as a commercial property for tax purposes because it was predominantly designed for its services and not for residency, a state appeals court said, reversing a state assessment board.

Airbnb Appeal Of Tax On Guest Fees Rejected By Colo. Court

by usoftax_admin | Aug 2, 2024 | Tax News

Airbnb’s fight against a $415,000 assessment by the city of Boulder related to short-term rental taxes on fees it collected was dismissed by a Colorado state judge, who said the law required taxing the amount the customer paid.

St. Louis Attys Can’t Get Acquittal In $4M Tax Avoidance Case

by usoftax_admin | Aug 2, 2024 | Tax News

Two Missouri-based attorneys, a father and daughter duo found guilty of participating in a $4 million tax avoidance scheme, will not be granted a new trial or an acquittal, despite their assertions that a number of errors tainted their trial, a North Carolina federal...

Ex-Loeb Tax Atty Latest Addition To Kilpatrick’s NY Team

by usoftax_admin | Aug 2, 2024 | Tax News

A former Loeb & Loeb LLP attorney is bringing his experience in U.S. federal tax matters and real estate transactions to Kilpatrick Townsend & Stockton LLP, the firm announced Thursday.

Sister-in-Law Ordered To Testify In Hunter Biden Tax Case

by usoftax_admin | Aug 2, 2024 | Tax News

A California federal judge ordered Hunter Biden’s sister-in-law, with whom he was romantically involved, and her sister to testify at his upcoming criminal trial in which he is accused of scheming to avoid paying $1.4 million in taxes.
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