4+ day, 21+ hour ago  (110+ words) The owner of an Orange County mall can't claim property tax relief for the years state-mandated Covid-19 closures reduced its business because there was no physical damage to the property, a state appeals court ruled. Since 2020, states have been grappling…...

10+ mon, 3+ week ago  (162+ words) A group of car dealerships in West Virginia owes $2 million in Ohio commercial activity tax because sales are attributable to the ultimate destination of the vehicle, Ohio's tax commissioner told the state high court. - Board focused on fact sales were…...

1+ week, 3+ day ago  (122+ words) news. bloombergtax. com California and the US Virgin Islands could receive Federal Unemployment Tax Act credit reductions for 2026, according to a publication released by the federal Labor Department's Employment and Training Administration. If California receives a credit reduction for 2026, the…...

1+ week, 4+ day ago  (122+ words) news. bloombergtax. com Nvidia Corp. Chief Executive Officer Jensen Huang urged people to move to California despite the high taxes, just as a group of billionaires left the state in recent months under threat of a new levy. "I say…...

2+ week, 22+ hour ago  (106+ words) news. bloombergtax. com The owner of a commercial property damaged by a storm can reap the tax benefits of a like-kind exchange with another parcel, the California Office of Tax Appeals ruled in an opinion released Monday. Robert Mitchell and…...

3+ week, 4+ day ago  (75+ words) news. bloombergtax. com US Sen. Rick Scott (R-Fla.) failed to properly state where the domicile of former Booz Allen Hamilton Inc. employee Charles Littlejohn was before his incarceration for leaking the private tax information of thousands of wealthy taxpayers'including President…...

3+ week, 5+ day ago  (99+ words) news. bloombergtax. com California would arm tax enforcement agencies with broader authorities to curb tax evasion happening through the "Montana Loophole," under a bill proposed by the chair of the state Senate Revenue and Taxation Committee. State Sen. Jerry Mc…...

4+ week, 1+ day ago  (1642+ words) By Michael J. Bologna The offer was perfectly timed. As the 2024 tax filing season closed, Solidaris Capital LLC pitched a proposal to accountants and wealth advisers looking for ways to slash their clients" tax liabilities for 2025. The company described its "transformative…...

10+ mon, 2+ week ago  (95+ words) A bill to broaden eligibility for California's film and television tax credit but keep annual funding at the current level of $330 million passed the Senate on Tuesday, setting up a conflict with Gov. Gavin Newsom (D). - Senate vote sets up budget…...

1+ mon, 4+ day ago  (637+ words) California's recent crackdown on Montana license plated luxury cars highlights that the state vehicle tax excessively relies on paperwork instead of reflecting where cars are used. State entity agents, transport companies, and compliance services make out-of-state delivery appear legitimate on…...