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Ga. Man Hit With Charges Over Unemployment, Tax Fraud

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.

Ireland Aims To Drop Warehoused Debt Interest, Pay Refunds

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.

US Won't Ask Justices To Review States' Win In ARPA Row

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.

Professor In Conn. Asks NY Tribunal To Nix Teleworker Tax

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.

EU Parliament Amends Debt-Equity Tax Proposal

By Jack McLoone

The European Parliament amended a proposed debt-equity bias reduction allowance rule Tuesday to put more protections in place for small and medium-sized enterprises while also accounting for the impact of COVID-19 and the war in Ukraine.

Ore. Tax Court Bars Pain Center's Claim As Untimely

By Michael Nunes

An Oregon pain management center didn't timely file an appeal to its personal property tax bill, and its claim that it refrained from filing an appeal because it was misled by the local assessor is unconvincing, the state tax court said.


Expert Analysis

Employee Retention Tax Credit: Gray Areas And Red Flags

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.

Tax Equity Requires Reinstating The Home Office Deduction

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.

How COVID Has Changed Project Development And Finance

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.

MORE COVERAGE

January 2, 2024 06:46 PM

Conn. Professor Appeals Ruling Upholding NY Teleworker Tax

December 12, 2023 05:22 PM

NJ Bills Would Extend Accommodations For Biz Tax Credits

December 4, 2023 03:40 PM

Ore. Tax Court Denies Exemption For Vacated Building

December 1, 2023 02:19 PM

4th Circ. Won't Revive Mother's Stimulus Check Suit

November 27, 2023 04:41 PM

Mich. To Keep Assessing Property Tax Based On Biz Location

November 27, 2023 02:11 PM

Mich. To Allow Retroactive Personal Property Tax Exemptions

November 9, 2023 01:39 PM

European Parliament Backs New Sources Of Revenue

October 27, 2023 06:51 PM

Employers Might Not Rush To Withdraw Worker Credit Claims

October 12, 2023 05:42 PM

Court Tosses Realty Co. Suit Over Canceled IRS Contract

October 5, 2023 05:36 PM

NY Judge Says COVID-Related Tax Extensions Not Retroactive

September 29, 2023 03:18 PM

Va. Tax Dept. Nixes Refund For Truck Dealer, Citing Deadline

September 18, 2023 12:21 PM

Ore. City Creates Downtown Business Tax Credit

September 15, 2023 04:46 PM

Ohio Board Trims Closed Subway Shop's Property Value

September 14, 2023 08:35 PM

11th Circ. Won't Revisit Lifting State Tax Cut Limit

September 13, 2023 05:29 PM

Mo. House Rep. Says St. Louis Shouldn't Tax Teleworkers

September 12, 2023 06:46 PM

Md. Property Owner Can't Get Tax Break For Immovable Tenant

September 8, 2023 06:23 PM

Budget, Tax Corrections Top Of Mind As Congress Returns

September 5, 2023 03:05 PM

Colo. Lawmakers Urge IRS To Reject Tax On State Refunds

September 1, 2023 11:06 AM

Treasury Declines To Appeal Tenn.'s ARPA Tax Win To Justices

August 31, 2023 07:08 PM

Colo. Gov. Decries Possible IRS Taxation Of State Refunds