by usoftax_admin | Jul 12, 2024 | Tax News
Personal property of a Connecticut hospital owned by Hartford HealthCare is taxable, the state Supreme Court said Friday, reversing a trial court opinion and ruling that Hartford’s acquisition of the hospital negated a tax exemption for charitable... by usoftax_admin | Jul 12, 2024 | Tax News
A Georgia man told the Eleventh Circuit on Friday that his payments to his ex-wife as part of a marital settlement should qualify as alimony and therefore be deductible from his federal income taxes, asking the court to reverse a U.S. Tax Court decision. by usoftax_admin | Jul 12, 2024 | Tax News
The Internal Revenue Service violated public records law in failing to release documents related to its decision to stop processing new employee retention credit claims, the state of Missouri said Friday in a complaint that accuses the agency of... by usoftax_admin | Jul 12, 2024 | Tax News
The U.S. Tax Court should have been more generous in granting tax deductions to a Florida couple whose records were destroyed by a hurricane, the couple told the Eleventh Circuit on Friday, saying the lost records were out of their control. by usoftax_admin | Jul 12, 2024 | Tax News
Observers of European Union tax policy expect the EU to devote more attention to problems with existing tax legislation in the coming months as the introduction of major policy proposals takes a pause. Specialists also will be watching for progress on EU tax laws that... by usoftax_admin | Jul 12, 2024 | Tax News
In this Week’s Taxation with Representation, Paramount Global merges with Skydance Media, Devon Energy acquires Grayson Mill Energy’s Williston Basin oil and gas business, Ryan acquires Altus Group Ltd.’s property tax business, and Bain Capital buys...