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Colo. Panel OKs Conservation Easement Tax Credit Extension

by usoftax_admin | Mar 6, 2024 | Tax News

Colorado would extend its conservation easement income tax credit program through 2032 and increase the statewide caps on the credit under legislation approved by a Senate committee.

Wis. Bill Seeks To Limit Nonprofit Hospital Property Exemption

by usoftax_admin | Mar 6, 2024 | Tax News

Nonprofit hospitals in Wisconsin would be ineligible for a property tax exemption under legislation introduced Wednesday in the state Assembly if the value of the charity care they provide is less than the total amount of property tax they would have paid in that tax...

Mass. Total Revenue Collections Down $186M

by usoftax_admin | Mar 6, 2024 | Tax News

Massachusetts’ tax collection from July through February decreased by $186 million from the same period last fiscal year, according to a report by the state Department of Revenue.

Trump Mocks Hush Money Case As ‘Deluded Fantasy’

by usoftax_admin | Mar 6, 2024 | Tax News

Counsel for former President Donald Trump has branded the hush money charges against him as a “deluded fantasy,” arguing that the Manhattan district attorney is framing the New York state court case as a conspiracy to undermine the 2016 election despite it...

Minn. Tax Court OKs Value Of Home In Easement Dispute

by usoftax_admin | Mar 6, 2024 | Tax News

A Minnesota owner of lakefront property failed to convince the state’s tax court that obstructions he claimed hindered access to the property through an easement should result in a lower valuation for tax purposes.

Ind. Lawmakers OK Sales Tax Nexus Change

by usoftax_admin | Mar 6, 2024 | Tax News

Indiana would change its sales tax nexus requirements, removing a stipulation that retailers with a certain number of sales a year must collect and remit sales tax, as part of a bill advanced by lawmakers.
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