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NJ Tax Court Says Superior Court Can Hear Appeals

by usoftax_admin | Feb 22, 2024 | Tax News

New Jersey residents can pursue their third-party appeal of 2022 and 2023 property assessments in state Superior Court now that the state Tax Court no longer has jurisdiction, the Tax Court ruled.

Minn. Tax Court Says Shipping Container Not A Homestead

by usoftax_admin | Feb 22, 2024 | Tax News

A Minnesota man who said he lived in a shipping container on a 40-acre piece of property was correctly denied a homestead exemption after failing to show the property was used for agricultural purposes, the state’s tax court ruled.

Wis. Co.’s Lack Of Evidence Dooms Appeal Before Tax Board

by usoftax_admin | Feb 22, 2024 | Tax News

A Wisconsin-based company can’t continue its appeal of an additional sales and use tax assessment because a lease agreement and vendor statements weren’t enough to support its petition, the state’s tax commission said in a ruling released...

US Can’t Tax Ariz. Residents’ Rebates From State, Court Told

by usoftax_admin | Feb 22, 2024 | Tax News

Arizona residents should not owe federal income tax on the state’s one-time tax rebates issued last year because they were “general welfare” payments that federal guidance says are excluded from taxation, the state said in federal district...

Gallo Winery Qualifies For Lower NY Biz Tax Rate, ALJ Rules

by usoftax_admin | Feb 22, 2024 | Tax News

E.& J. Gallo Winery is eligible for a reduced business tax rate because it meets the requirements of a qualified New York manufacturer despite contracting a company to manage its property in the state, an administrative law judge said in a determination released...

Va. Oil Terminal’s Tax Value Upheld By Appeals Court

by usoftax_admin | Feb 22, 2024 | Tax News

A petroleum terminal was correctly valued by a local assessor at about $63 million for 2018 and $66 million for 2020, the Virginia Court of Appeals said, rejecting the owner’s argument that the property’s business prospects had plummeted, lowering its...
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