January 16, 2024 05:15 PMEU Parliament Amends Debt-Equity Tax Proposal
By Chart Riggall
An Atlanta man convicted on dozens of charges stemming from an $11 million pandemic loan fraud scheme has asked a Georgia federal judge for a new trial.
By Elliot Weld
A California prison inmate has been charged along with eight other individuals with operating two separate illegal schemes: one to distribute methamphetamine and another to fraudulently claim over $550 million in COVID-19-based tax credits.
By Chart Riggall
Georgia federal prosecutors unsealed an indictment on Thursday against an Atlanta man charged with using stolen personal information to secure tens of thousands of dollars in unemployment benefits and tax returns.
By Jack McLoone
Irish companies that still owe taxes that they deferred as part of a so-called debt warehousing scheme rolled out during the COVID-19 pandemic would no longer have to pay interest under proposed legislation announced Monday by the country's Department of Finance.
By Jaqueline McCool
The U.S. Treasury Department opted not to appeal an Eleventh Circuit ruling in favor of 13 states that challenged the American Rescue Plan Act's limitations on using federal pandemic aid to pay for tax cuts, the agency said in a letter disclosed Thursday.
By Paul Williams
An administrative law judge created two undefined legal tests regarding virtual presence and temporary displacement from an office in upholding New York's tax on days a professor worked from home in Connecticut, he argued to the New York Tax Appeals Tribunal.
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.
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.
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.
January 10, 2024 04:22 PMOre. Tax Court Bars Pain Center's Claim As Untimely
January 2, 2024 06:46 PMConn. Professor Appeals Ruling Upholding NY Teleworker Tax
December 12, 2023 05:22 PMNJ Bills Would Extend Accommodations For Biz Tax Credits
December 4, 2023 03:40 PMOre. Tax Court Denies Exemption For Vacated Building
December 1, 2023 02:19 PM4th Circ. Won't Revive Mother's Stimulus Check Suit
November 27, 2023 04:41 PMMich. To Keep Assessing Property Tax Based On Biz Location
November 27, 2023 02:11 PMMich. To Allow Retroactive Personal Property Tax Exemptions
November 9, 2023 01:39 PMEuropean Parliament Backs New Sources Of Revenue
October 27, 2023 06:51 PMEmployers Might Not Rush To Withdraw Worker Credit Claims
October 12, 2023 05:42 PMCourt Tosses Realty Co. Suit Over Canceled IRS Contract
October 5, 2023 05:36 PMNY Judge Says COVID-Related Tax Extensions Not Retroactive
September 29, 2023 03:18 PMVa. Tax Dept. Nixes Refund For Truck Dealer, Citing Deadline
September 18, 2023 12:21 PMOre. City Creates Downtown Business Tax Credit
September 15, 2023 04:46 PMOhio Board Trims Closed Subway Shop's Property Value
September 14, 2023 08:35 PM11th Circ. Won't Revisit Lifting State Tax Cut Limit
September 13, 2023 05:29 PMMo. House Rep. Says St. Louis Shouldn't Tax Teleworkers
September 12, 2023 06:46 PMMd. Property Owner Can't Get Tax Break For Immovable Tenant
September 8, 2023 06:23 PMBudget, Tax Corrections Top Of Mind As Congress Returns
September 5, 2023 03:05 PMColo. Lawmakers Urge IRS To Reject Tax On State Refunds