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High Court’s Estate Tax Refund Denial Shuts Down Avoidance Method
Bloomberg Law· 7 days agoUnited States, the US Supreme Court resolved a circuit split on how to value a decedent’s interest in a closely held corporation in cases where a redemption obligation is disregarded under Section ...
Former IRS employee indicted for $200K in fraudulent tax returns in Kansas City
KCTV 5 Kansas City· 2 days agoThe U.S. Attorney’s Office for the Western District of Missouri announced on Wednesday, June 12,...
Tax Court: As to Listed Transaction, IRS Must Adhere to APA | JD Supra
JD Supra· 1 day agoIn the late 1990s and early 2000s, the IRS was confronted with a proliferation of corporate transactions that it viewed as aggressive tax shelters. Relying on the authority ...
Arizona school districts owe nearly $150M after court rules county overtaxed property owners
AZCentral | The Arizona Republic via Yahoo News· 4 days agoThat means county officials won't need to reassess homes that change classification in the future. County officials have begun calculating property tax resolutions for individuals ...
Denver7 Investigates: Finding Solutions with Green Dot, United Healthcare
Denver7· 1 day agoIn an email, a Green Dot Bank spokesman wrote that the banking and financial services industry has seen and managed a surge in fraudulent activity across the board, particularly during
Illinois Governor Expected to Sign Bill to Ban Interchange Fees on Sales Tax and Tips | JD Supra
JD Supra· 4 days agoOn May 29, 2024, Illinois lawmakers passed an omnibus budget bill (HB4951) that includes the Interchange Fee Prohibition Act (the “Act”). The Act prohibits the collection of debit and credit ...
Fox Chapel Area School Board passes 2024-25 budget with 3.75% tax hike
Pittsburgh Tribune-Review· 2 days agoMany Fox Chapel Area School District property owners will pay 3.75% more in real estate taxes next school year. Board members voted 8-0 at their June 10 meeting to pass the district’s $119.1 ...
Column: Sacramento's tax rebate giveaway two years ago is coming home to roost
Los Angeles Times· 4 days agoIt’s budget season in Sacramento and there are bound to be screwups. Gov. Gavin Newsom and...
Ritz-Carlton Resort Fails in Marriott Rewards Tax Refund Appeal
Bloomberg Law· 7 days agoThe Ritz-Carlton Dove Mountain failed to convince the Arizona Supreme Court Friday that it’s owed a refund for taxes paid on reimbursements it received through the Marriott Rewards Program.
Natrona County Commission needs to put the tax payer first
Casper Star-Tribune· 6 days agoA large number of Natrona County residents find themselves elderly and living on nothing more than Social Security. This situation leaves them in a position that they can’t always afford their ...