New York City can proceed with the rollout of its pied-à-terre tax while an appeals court considers a legal challenge.
House Tax writers who supported cryptocurrency taxation legislation are getting a boost in their reelection bids from the industry’s well-funded political action committee. Fairshake, one of the most ...
The Alabama Department of Revenue (DOR) announced that Walker County has adopted a resolution discontinuing the state’s services for administering and collecting sales and use taxes and other ...
The Alabama Department of Revenue (DOR) announced sales and use tax rate changes for the Town of Pike Road effective Oct. 1. The changes include: 1) a 3.50 percent rate ...
The New Mexico Taxation and Revenue Department published a bulletin announcing disaster relief tax extensions for taxpayers affected by the September 2026 flooding following emergency declarations ...
A federal judge indicated during oral arguments Monday he probably will broaden the scope of a ruling from 2025 that called into question billions of tax dollars paid to the IRS during the Covid-19 ...
The IRS is reconsidering regulations that dictate how consolidated groups containing both life and nonlife insurance companies file their tax returns.
Companies are increasingly missing deadlines to pay the stock buyback excise tax, an IRS official said Monday.
A federal district court wrongly relied on federal law when it dismissed a group of Michiganders’ cases seeking recovery of surplus proceeds a county retained after foreclosing on their homes, the US ...
The US Treasury Department wants Wall Street’s help in spotting abusive tax maneuvers that shrink investors’ tax bills, but ...
The U.S. Court of Appeals for the Seventh Circuit held that a taxpayer could not pursue damages under I.R.C. §7434 based on an allegedly fraudulent Form 1099-C, Cancellation of Debt, ...
The U.S. Court of Appeals for the D.C. Circuit held that a taxpayer could not exclude the entirety of a settlement payment from gross income under I.R.C. §104(a)(2) and affirmed ...