October 12, 2023 05:42 PM
Court Tosses Realty Co. Suit Over Canceled IRS Contract
Expert Analysis
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 PM
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Va. Tax Dept. Nixes Refund For Truck Dealer, Citing DeadlineSeptember 18, 2023 12:21 PM
Ore. City Creates Downtown Business Tax CreditSeptember 15, 2023 04:46 PM
Ohio Board Trims Closed Subway Shop's Property ValueSeptember 14, 2023 08:35 PM
11th Circ. Won't Revisit Lifting State Tax Cut LimitSeptember 13, 2023 05:29 PM
Mo. House Rep. Says St. Louis Shouldn't Tax TeleworkersSeptember 12, 2023 06:46 PM
Md. Property Owner Can't Get Tax Break For Immovable TenantSeptember 8, 2023 06:23 PM
Budget, Tax Corrections Top Of Mind As Congress ReturnsSeptember 5, 2023 03:05 PM
Colo. Lawmakers Urge IRS To Reject Tax On State RefundsSeptember 1, 2023 11:06 AM
Treasury Declines To Appeal Tenn.'s ARPA Tax Win To JusticesAugust 31, 2023 07:08 PM
Colo. Gov. Decries Possible IRS Taxation Of State RefundsAugust 30, 2023 05:48 PM
Remote Workers Again Seek Class Action In St. Louis Tax RowAugust 28, 2023 02:10 PM
Tech CEO Sentenced To 2 Years For Payroll Tax, PPP FraudAugust 25, 2023 01:03 PM
Mich. Explains COVID Relief's Effect On Statute Of LimitationsAugust 21, 2023 05:06 PM
DC Circ. Nixes Citizenship Case Of Expats Resisting US TaxesAugust 18, 2023 01:21 PM
Credit Unions Can Claim Worker Credit For 2021, IRS SaysAugust 15, 2023 06:35 PM
Wis. Bill Would Adopt Fed. Code Changes For State TaxesAugust 15, 2023 12:27 PM
Minn. Tax Court Tosses Valuation Appeal For Lack Of ClarityAugust 4, 2023 11:14 AM
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