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Roger Stone Sued for $2 Million in Unpaid Taxes and Interest
Roger Stone and his wife Nydia Stone are being sued by the U.S. government for nearly $2 million dollars in federal taxes, interest, and penalties.
Judge Blocks Keyshawn Johnson’s California Income Tax Claim
Former National Football League wide receiver Keyshawn Johnson was a California resident in his rookie year and owes at least $905,000 in state income tax, penalties, and interest, a trial court judge said in an initial ruling.
Kansas Bill Adding to Web Marketplace Tax Duties Is Vetoed
Kansas Gov. Laura Kelly (D) vetoed a bill that would have required Amazon.com Inc. and other marketplace facilitators to collect and remit the state’s 6.5% tax on sales by third-party vendors using their platforms. The measure’s revenue was to fund tax cuts.
Monsanto Chemical Purchases Eligible for Louisiana Tax Refund
Monsanto is entitled to a refund of Louisiana taxes it paid on purchases of a pollution-control chemical, because the state environmental agency incorrectly concluded the refund is only for pollution-control equipment, the Board of Tax Appeals found.
Blunt Says $600B to $700B Infrastructure Plan May Be Acceptable
A $600 billion to $700 billion infrastructure proposal could be acceptable to Republicans, Senator
Comcast, Verizon Sue Maryland Over New Digital Advertising Tax
Maryland’s new tax on digital advertising violates the Internet Tax Freedom Act and the due process clause and should be tossed out as unconstitutional, according to a lawsuit from Verizon Media Inc. and Comcast Cable Communications.
GE Wins Key Appeals Court Ruling in $1 Billion U.K. Tax Case
An appeals court has blocked British tax authorities from pursuing allegations that General Electric misled the U.K. in a $1 billion tax case, saying it was too late for the U.K. to press those claims.
HILL TAX BRIEFING: Battle Brews Over States’ Use of Federal Aid
Read more: Ocasio-Cortez says full repeal of SALT cap is extreme. Buchanan throws his hat in the race for top Republican spot on House Ways and Means. Wisconsin bill to cut property taxes using federal funds heads to governor’s desk.
SALT-Cap Repeal Gains Momentum in House
Democratic and Republican House members are forming a bipartisan group to push for a repeal of the $10,000 cap on state and local tax deductions, demonstrating a broadening campaign to restore a valuable tax break.
Five Tax Tips Too Good to Be True – And Why They're Not
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Biden Should Drop the Corporate Tax Increase, Bolten Says
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