/tax?utm_source=rss&utm_medium=rss&utm_campaign=section Latest articles for: Tax Copyright 2025 ¼«ËÙÈü³µ. en-US Fri, 13 Jun 2025 22:04:00 +0000 /tax/articles/2353338?utm_source=rss&utm_medium=rss&utm_campaign=section /tax/articles/2353338 A California federal judge said Friday that planned staff reductions at the State Department would violate her injunction blocking President Donald Trump's executive order directing layoffs at federal agencies, saying she's not persuaded by the government's assertion that the department's reorganization was underway before the order. Fri, 13 Jun 2025 18:42:12 +0000 /tax/articles/2353158?utm_source=rss&utm_medium=rss&utm_campaign=section /tax/articles/2353158 Despite the promise of new trade talks held this week by the U.S. and China, the long-term strategic view of many companies remains concern over the obstacles they continue to face, especially if they must diversify supply chains that heavily rely on China. Fri, 13 Jun 2025 18:05:45 +0000 /tax/articles/2353463?utm_source=rss&utm_medium=rss&utm_campaign=section /tax/articles/2353463 A former attorney pled guilty to tax evasion in a Massachusetts federal court Friday after prosecutors accused him of transferring money to his wife to hide his earnings and using his business accounts to pay for guns and jewelry. Fri, 13 Jun 2025 17:33:21 +0000 /tax/articles/2353198?utm_source=rss&utm_medium=rss&utm_campaign=section /tax/articles/2353198 An Illinois federal judge on Friday sentenced former Illinois House Speaker Michael Madigan to seven and a half years in prison and fined him $2.5 million for his conviction on bribery, conspiracy and wire fraud charges, saying his determination that Madigan perjured himself on the stand at trial impacted the stiff penalty. Fri, 13 Jun 2025 14:33:33 +0000 /tax/articles/2353228?utm_source=rss&utm_medium=rss&utm_campaign=section /tax/articles/2353228 The Internal Revenue Service settled a lawsuit seeking more than $790,000 in pandemic-era worker tax credits by a law firm that had claimed the agency was delaying paying out, according to a dismissal order Friday by a Pennsylvania federal court. Fri, 13 Jun 2025 14:28:19 +0000 /tax/articles/2353000?utm_source=rss&utm_medium=rss&utm_campaign=section /tax/articles/2353000 In this week's Taxation With Representation, Brown & Brown Inc. buys Accession Risk Management Group Inc., Allison Transmission Holdings Inc. acquires Dana Inc.'s off-highway unit, Qualcomm Inc. buys Alphawave IP, and Warner Bros. Discovery announced it will split into two publicly traded companies. Fri, 13 Jun 2025 10:07:18 +0000 /tax/articles/2329140?utm_source=rss&utm_medium=rss&utm_campaign=section /tax/articles/2329140 Speaking to elementary school students about the importance of college and other opportunities after high school — especially students who may not see those paths reflected in their daily lives — not only taught me the importance of giving back, but also helped to sharpen several skills essential to a successful legal practice, says Guillermo Escobedo at Constangy. Thu, 12 Jun 2025 21:29:06 +0000 /tax/articles/2352969?utm_source=rss&utm_medium=rss&utm_campaign=section /tax/articles/2352969 A Dallas jury cleared a real estate executive charged with attempting to bribe city council members in exchange for federal low income housing credits, finding the executive not guilty Thursday after the Fifth Circuit threw out his guilty verdict and ordered a retrial. Thu, 12 Jun 2025 18:58:46 +0000 /tax/articles/2352743?utm_source=rss&utm_medium=rss&utm_campaign=section /tax/articles/2352743 A second residential property assessment notice by the city of Baltimore boosting a valuation by more than $300,000 over its initial assessment is valid, but the assessment was too high, the Maryland Tax Court said in an order released Thursday. Thu, 12 Jun 2025 18:38:09 +0000 /tax/articles/2352575?utm_source=rss&utm_medium=rss&utm_campaign=section /tax/articles/2352575 The right of New Hampshire communities to retain excess statewide education property taxes for other purposes doesn't violate the state constitution's uniformity clause, the state Supreme Court ruled, partially reversing a trial court. Thu, 12 Jun 2025 18:25:00 +0000 /tax/articles/2352662?utm_source=rss&utm_medium=rss&utm_campaign=section /tax/articles/2352662 A legally present couple from India showed intent to remain domiciled in their South Carolina home and therefore qualify for the property tax treatment granted for owner-occupied residences, an administrative judge ruled. Thu, 12 Jun 2025 17:22:27 +0000 /tax/articles/2352660?utm_source=rss&utm_medium=rss&utm_campaign=section /tax/articles/2352660 Chinese trade negotiators have agreed to lift export controls on rare-earth elements in exchange for the U.S. walking back a campaign to revoke visas for Chinese students, according to statements by U.S. officials, which experts said leave key issues unresolved. Thu, 12 Jun 2025 17:05:55 +0000 /tax/articles/2352684?utm_source=rss&utm_medium=rss&utm_campaign=section /tax/articles/2352684 A blockchain-focused web platform that offers artificial intelligence tools has launched a lawsuit in New York federal court accusing Deloitte Consulting of infringing its trademark rights with its generative AI services product. Thu, 12 Jun 2025 17:03:12 +0000 /tax/articles/2350652?utm_source=rss&utm_medium=rss&utm_campaign=section /tax/articles/2350652 Attacks on judicial independence now run the gamut from gross (bald-faced interference) to systemic (structural changes) to insidious (efforts to undermine public trust), so lawyers, judges and the public must recognize the fateful moment in which we live and defend the rule of law every day, says Jim Moliterno at Washington and Lee University. Thu, 12 Jun 2025 16:48:55 +0000 /tax/articles/2352777?utm_source=rss&utm_medium=rss&utm_campaign=section /tax/articles/2352777 A California federal judge on Thursday resentenced disbarred attorney Michael Avenatti to just over 11 years in federal prison for filching millions of dollars from his clients' settlement funds, reducing a 14-year sentence overturned by the Ninth Circuit and leaving Avenatti with about eight years left after time served. Thu, 12 Jun 2025 15:11:20 +0000 /tax/articles/2352671?utm_source=rss&utm_medium=rss&utm_campaign=section /tax/articles/2352671 The Children's Hospital of Wisconsin isn't eligible for a property tax exemption for a tower built in its medical complex, as it was unused during the tax year, the Wisconsin Court of Appeals ruled. Thu, 12 Jun 2025 13:32:19 +0000 /tax/articles/2352730?utm_source=rss&utm_medium=rss&utm_campaign=section /tax/articles/2352730 Maine won't allow challenges to governmental takings of commercial real estate for nonpayment of property taxes after a statutory two-year period ends, under a bill signed by the governor. Thu, 12 Jun 2025 11:08:44 +0000 /tax/articles/2352632?utm_source=rss&utm_medium=rss&utm_campaign=section /tax/articles/2352632 The U.S. Supreme Court ruled Thursday that the U.S. Tax Court did not have jurisdiction to review a New Jersey woman's collection dispute with the Internal Revenue Service after the agency stopped going after her unpaid taxes, reversing an earlier IRS loss. Wed, 11 Jun 2025 21:21:12 +0000 /tax/articles/2352333?utm_source=rss&utm_medium=rss&utm_campaign=section /tax/articles/2352333 A former NASCAR team owner appeared in North Carolina federal court Wednesday to enter a guilty plea for his failure to pay payroll taxes, according to a U.S. Department of Justice statement. Wed, 11 Jun 2025 20:23:07 +0000 /tax/articles/2352378?utm_source=rss&utm_medium=rss&utm_campaign=section /tax/articles/2352378 The Missouri House of Representatives voted Wednesday to approve tax and other incentives worth $1.5 billion to help build or upgrade stadiums for Kansas City's MLB and NFL franchises, on the last day of a special legislative session ordered by Gov. Mike Kehoe.