October 12, 2023 05:42 PMCourt Tosses Realty Co. Suit Over Canceled IRS Contract
By Sanjay Talwani
The owner of an Oregon office building is not entitled to a property tax exemption because a tenant using a portion of the building for charitable purposes stopped occupying the structure during the COVID-19 pandemic, the state's tax court said.
By Anna Scott Farrell
A mother of three who sued the federal government for denying her family a refundable pandemic-era tax credit cannot proceed in court, the Fourth Circuit ruled, upholding a decision that the woman's suit is barred by a federal law forbidding suits that restrain tax collection.
By Zak Kostro
Michigan will continue assessing tax on personal property based on the property's ordinary business location and without regard to whether an employee uses the property at an alternate location under a bill signed by Democratic Gov. Gretchen Whitmer.
By Zak Kostro
Michigan will allow some property owners to retroactively obtain personal property tax exemptions and pay a state essential services assessment for the 2021 tax year under a bill signed by Gov. Gretchen Whitmer.
By Jack McLoone
The European Union is a step closer to implementing three new sources of revenue to, in part, help pay back debts owed on its COVID-19 recovery plan, the European Parliament said in a news release Thursday after voting to pass an amendment to its revenue-governing law.
By David van den Berg
The Internal Revenue Service recently announced a program to allow employers to withdraw claims for pandemic-era employee retention credits due to rampant fraud, but uptake may be limited at first since businesses might not immediately think their submissions are invalid.
The subjective nature of the pandemic-prompted employee retention credit, coupled with a lack of Internal Revenue Service guidance, have created fertile ground for opportunists, so businesses seeking this tax benefit should be mindful of tax advisers who would involve them in fraudulent ERC claims, say attorneys at Holland & Knight.
Congress should restore the home office deduction for W-2 workers in the interest of tax equity because permanently remote workers now bear the cost of creating quiet, dedicated work spaces, a pandemic-related shift unforeseen when the deduction was eliminated by 2017's Tax Cuts and Jobs Act, say James Mahon and Samantha Lesser at Becker.
Two and a half years into the pandemic, some COVID-19-specific provisions are now common in the project development and finance markets, while others are still undergoing negotiation, say Nate Galer and Katy McNeil at Mayer Brown.
October 5, 2023 05:36 PMNY Judge Says COVID-Related Tax Extensions Not Retroactive
September 29, 2023 03:18 PMVa. Tax Dept. Nixes Refund For Truck Dealer, Citing Deadline
September 18, 2023 12:21 PMOre. City Creates Downtown Business Tax Credit
September 15, 2023 04:46 PMOhio Board Trims Closed Subway Shop's Property Value
September 14, 2023 08:35 PM11th Circ. Won't Revisit Lifting State Tax Cut Limit
September 13, 2023 05:29 PMMo. House Rep. Says St. Louis Shouldn't Tax Teleworkers
September 12, 2023 06:46 PMMd. Property Owner Can't Get Tax Break For Immovable Tenant
September 8, 2023 06:23 PMBudget, Tax Corrections Top Of Mind As Congress Returns
September 5, 2023 03:05 PMColo. Lawmakers Urge IRS To Reject Tax On State Refunds
September 1, 2023 11:06 AMTreasury Declines To Appeal Tenn.'s ARPA Tax Win To Justices
August 31, 2023 07:08 PMColo. Gov. Decries Possible IRS Taxation Of State Refunds
August 30, 2023 05:48 PMRemote Workers Again Seek Class Action In St. Louis Tax Row
August 28, 2023 02:10 PMTech CEO Sentenced To 2 Years For Payroll Tax, PPP Fraud
August 25, 2023 01:03 PMMich. Explains COVID Relief's Effect On Statute Of Limitations
August 21, 2023 05:06 PMDC Circ. Nixes Citizenship Case Of Expats Resisting US Taxes
August 18, 2023 01:21 PMCredit Unions Can Claim Worker Credit For 2021, IRS Says
August 15, 2023 06:35 PMWis. Bill Would Adopt Fed. Code Changes For State Taxes
August 15, 2023 12:27 PMMinn. Tax Court Tosses Valuation Appeal For Lack Of Clarity
August 4, 2023 11:14 AMWeekly Internal Revenue Bulletin