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Divorced Woman Can Get Spousal Relief, Tax Court Says

by usoftax_admin | Feb 28, 2024 | Tax News

A divorced woman has satisfied the requirements for innocent spousal relief despite an attempt by her ex-husband to refute her claim, the U.S. Tax Court ruled Wednesday.

Wis. Tax Board Dismisses Sales Tax Appeal On Lack Of Proof

by usoftax_admin | Feb 28, 2024 | Tax News

The Wisconsin Tax Appeals Commission dismissed a company’s sales tax protest, finding that the company failed to submit documentation to prove its case.

IRS Delays Tax Deadlines After Wash. Wildfires

by usoftax_admin | Feb 28, 2024 | Tax News

Certain taxpayers in Washington state will have extra time to file tax returns and make payments following wildfires last year, the Internal Revenue Service said Wednesday.

Trump Can’t Freeze $465M Penalty But Can Seek Loans

by usoftax_admin | Feb 28, 2024 | Tax News

A New York state appellate judge on Wednesday refused to freeze the $465 million civil fraud judgment against Donald Trump while he appeals the award, but said the former president could take out loans to cover the cost of the judgment.  

Court Should Block IRS ‘Fishing Expedition,’ Company Says

by usoftax_admin | Feb 28, 2024 | Tax News

A company that claims it has been the victim of an IRS “fishing expedition” after being hit with a raft of document requests urged a Georgia federal judge Tuesday to keep alive its bid to quash the summonses, telling the court the government overstepped...

South Dakota Forbids Digital Currency Tax Payments

by usoftax_admin | Feb 28, 2024 | Tax News

South Dakota would prohibit state government entities from accepting central bank digital currencies as payment for taxes and fees under a law signed by the governor.
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