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Ore. Tax Court Denies Exemption For Vacated Building

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.

4th Circ. Won't Revive Mother's Stimulus Check Suit

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.

Mich. To Keep Assessing Property Tax Based On Biz Location

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.

Mich. To Allow Retroactive Personal Property Tax Exemptions

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.

European Parliament Backs New Sources Of Revenue

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.

Employers Might Not Rush To Withdraw Worker Credit Claims

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.


Expert Analysis

Employee Retention Tax Credit: Gray Areas And Red Flags

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.

Tax Equity Requires Reinstating The Home Office Deduction

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.

How COVID Has Changed Project Development And Finance

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.

MORE COVERAGE

October 12, 2023 05:42 PM

Court Tosses Realty Co. Suit Over Canceled IRS Contract

October 5, 2023 05:36 PM

NY Judge Says COVID-Related Tax Extensions Not Retroactive

September 29, 2023 03:18 PM

Va. Tax Dept. Nixes Refund For Truck Dealer, Citing Deadline

September 18, 2023 12:21 PM

Ore. City Creates Downtown Business Tax Credit

September 15, 2023 04:46 PM

Ohio Board Trims Closed Subway Shop's Property Value

September 14, 2023 08:35 PM

11th Circ. Won't Revisit Lifting State Tax Cut Limit

September 13, 2023 05:29 PM

Mo. House Rep. Says St. Louis Shouldn't Tax Teleworkers

September 12, 2023 06:46 PM

Md. Property Owner Can't Get Tax Break For Immovable Tenant

September 8, 2023 06:23 PM

Budget, Tax Corrections Top Of Mind As Congress Returns

September 5, 2023 03:05 PM

Colo. Lawmakers Urge IRS To Reject Tax On State Refunds

September 1, 2023 11:06 AM

Treasury Declines To Appeal Tenn.'s ARPA Tax Win To Justices

August 31, 2023 07:08 PM

Colo. Gov. Decries Possible IRS Taxation Of State Refunds

August 30, 2023 05:48 PM

Remote Workers Again Seek Class Action In St. Louis Tax Row

August 28, 2023 02:10 PM

Tech CEO Sentenced To 2 Years For Payroll Tax, PPP Fraud

August 25, 2023 01:03 PM

Mich. Explains COVID Relief's Effect On Statute Of Limitations

August 21, 2023 05:06 PM

DC Circ. Nixes Citizenship Case Of Expats Resisting US Taxes

August 18, 2023 01:21 PM

Credit Unions Can Claim Worker Credit For 2021, IRS Says

August 15, 2023 06:35 PM

Wis. Bill Would Adopt Fed. Code Changes For State Taxes

August 15, 2023 12:27 PM

Minn. Tax Court Tosses Valuation Appeal For Lack Of Clarity

August 4, 2023 11:14 AM

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