Court Vacates IRS Notice Redefining Clean Energy Tax Credit Start Dates
A federal court vacated an IRS notice redefining when construction begins for expiring clean energy tax credits, ruling the agency’s action was arbitrary and capricious.
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Court Vacates IRS Notice Redefining Clean Energy Tax Credit Start Dates
A federal court vacated an IRS notice redefining when construction begins for expiring clean energy tax credits, ruling the agency’s action was arbitrary and capricious.
Pennsylvania Supreme Court Upholds Monetary Thresholds in Tax Assessment Appeals
The Pennsylvania Supreme Court ruled that school districts may use a $10,000 minimum revenue threshold to select properties for tax assessment appeals without violating the state constitutional Uniformity Clause.
Brooklyn Tax Preparer Sentenced to 3 Years in $600 Million COVID Credit Fraud
A Brooklyn tax preparer was sentenced Friday to 36 months in prison for her role in a fraud scheme that fraudulently claimed more than $600 million in COVID-19-related employment tax credits.
Idaho Supreme Court Affirms WAFD’s Right to 6.5% Corporate Tax Rate for Entire Fiscal Year
The Idaho Supreme Court has affirmed a district court ruling that Washington Federal, Inc. (WAFD) is entitled to apply the state’s reduced 6.5% corporate tax rate to its entire 2021 fiscal year, rejecting the Idaho State Tax Commission’s argument that the...
Seventh Circuit Clarifies Tax Exclusion Rules for Hyatt Loyalty Program Funds
The Seventh Circuit vacated a Tax Court decision regarding Hyatt Hotels Corporation’s loyalty program, holding that the court failed to properly apply the "claim of right" doctrine when determining whether funds contributed to the program constituted...
Sixth Circuit Upholds Federal Ban on Home Distilling as Necessary to Collect Excise Taxes
The Sixth Circuit reversed a district court’s dismissal of a constitutional challenge to the federal ban on home distilling, holding that the prohibition is a necessary and proper means of collecting federal excise taxes on distilled spirits.
California Court of Appeal Rejects Mall Owner's COVID-19 Property Tax Relief Claim
The California Court of Appeal has rejected The Retail Property Trust's bid for property tax reassessment regarding the Brea Mall, ruling that pandemic-related closures do not constitute the physical damage required under state law. The Fourth District...
Court Allows Tax Leak Class Action to Proceed, Finding IRS Contractor May Be Federal Employee Under 'Control Test'
A federal judge in Maryland denied motions to dismiss a class action lawsuit against the IRS and Booz Allen Hamilton, ruling that the government contractor’s employee may qualify as a federal employee under the common-law "control test" and that the firm...
Judge Denies Motion to Dismiss in Tip Credit and False Tax Return Dispute
Judge Julie Rebecca Rubin of the U.S. District Court for the District of Maryland denied Silverlud, Inc.’s motion to dismiss an employment lawsuit alleging tip credit violations and the issuance of false tax returns.