by usoftax_admin | May 8, 2024 | Tax News
A Minnesota man was sentenced in federal court to 108 months in prison and told to pay more than $4.7 million in restitution for running a scheme that led to the filing of false tax returns that caused roughly $6.7 million in tax losses, the U.S. Department of Justice... by usoftax_admin | May 8, 2024 | Tax News
An Indiana youth center was correctly denied a religious tax exemption because the property is used to the benefit of the adopted children of the organization’s founder, the state Board of Tax Review said in a decision published Wednesday. by usoftax_admin | May 8, 2024 | Tax News
Louisiana residents who have joined in a class action seeking damages from deferred solar panel tax credits that were capped annually must amend their claims to include tax violations, the state Board of Tax Appeals said. by usoftax_admin | May 8, 2024 | Tax News
Colorado would temporarily lower its flat income tax rate for the current tax year and could reduce the rate in upcoming years based on the levels of future state surpluses under legislation approved Wednesday by the state House of Representatives. by usoftax_admin | May 8, 2024 | Tax News
A utility company based in New Jersey asked the state tax court to set aside a roughly $342,000 sales and use tax assessment, arguing that the Division of Taxation included labor charges that were not taxable. by usoftax_admin | May 8, 2024 | Tax News
The Louisiana House of Representatives approved legislation that would call a convention to rework some elements of the state constitution, including moving certain tax provisions into state statutes to give lawmakers more flexibility to address a looming budget...