A recent Washington Supreme Court decision limiting the state’s business and occupation tax investment income deduction is causing anxiety among investors, who stand to face unexpected tax bills and sizable penalties in its wake.
The Arizona Court of Appeals permanently enjoined the City of Scottsdale from including a proposed ballot measure on the November 2024 ballot due to misleading language. The proposed ballot measure ...
The trustee of a bankrupt construction firm is picking up its former case against the IRS for a delayed Employee Retention Credit refund.
The week in state tax news: As New York City approaches public hearings on proposed rules for a new tax break aimed at spurring multifamily housing, developers and tax lawyers say some of what the city has offered so far lacks detail and could throw up additional barriers to development. Meanwhile, the Washington Supreme Court upheld a narrow definition of what “investments” can be deducted, and Boston found a way to avoid a sudden tax hike on homeowners.
California aims to more than double annual tax credits for film and television production in the state to about $750 million, Governor
Subway Restaurants Inc. advertises its steak & cheese sandwich with photographs depicting the sandwiches with “at least 200% more meat” than the sandwiches buyers received, a proposed class action filed Monday alleged.
New Jersey lawmakers took a major step Monday toward launching the new StayNJ property tax relief plan, which would provide eligible seniors with up to $6,500 off their annual property tax bills.
Long-shot, third-party candidate
The Internal Revenue Service will provide tax relief and extend filing deadlines for individuals and businesses in the Juneau, Alaska, area affected by flooding until May 1, 2025, the agency announced Friday.
A car dealership and its manager are on the hook for about $60,000 in use tax after the Ohio Board of Tax Appeals found Monday that they bought three power boats for personal use, not for resale.
Louisiana Gov. Jeff Landry will bring lawmakers back for a 20-day special legislative session after the November election to address his plan to overhaul the state tax code.
A company hired to run recreational vehicle facilities at a public park outside Dallas is immune from property taxes at the site, because of the nature of its permit, a Texas appeals court ruled Monday.
A recent Washington Supreme Court decision limiting the state’s business and occupation tax investment income deduction is causing anxiety among investors, who stand to face unexpected tax bills and sizable penalties in its wake.
California aims to more than double annual tax credits for film and television production in the state to about $750 million, Governor
This week, experts analyzed Loper Bright’s impact on the 3M transfer pricing dispute, factors to consider before suing the IRS over unpaid ERC claims, and more.
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Also bond quants, reverse split manipulation, concentrated funds and Tether.
Investors added $3.51 billion to crypto-focused exchange-traded products during the past month and $26.6 billion in the past year, according to data compiled by Bloomberg. Crypto ETP assets totaled $93.3 billion.
Freshfields is considering expanding into Texas and Boston as the UK-founded law firm looks to continue its stateside revenue surge, according to senior partner Georgia Dawson.
What are Peyton Manning, Dr. Phil, Jerry Jones, and the Dallas Cowboys cheerleaders doing at a bench-bar conference?
Cryptocurrency and NFTs continue to rise in popularity in the U.S., but many people are still confused about how they are taxed. In this video, a partner at Steptoe & Johnson who specializes in tax policy and cryptocurrency, lays out how different crypto transactions are taxed.
The North Carolina Governor signed the Disaster Recovery Act of 2024 - Part II. The law includes a provision expanding the interest waiver provisions in the initial Disaster Recovery Act ...
The Pennsylvania Commonwealth Court affirmed the Board of Finance and Revenue’s decision denying a petition for refund of sales tax paid on purchases of Perrier non-flavored mineral water. The taxpayer ...
The Wisconsin Department of Revenue (DOR) Oct. 24 published a notice announcing updates to the 2024 Equated Manufacturing Rolls and Statement of Assessment reports. The notice provides details on the ...
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