Tax law
-
Kansas Audit Highlights Complex Enforcement of State’s Cryptocurrency Tax Law
TOPEKA — The Kansas Legislature Audit Agency announced Wednesday that the state is losing tax revenue owed by cryptocurrency users, but federal and state regulators have ... -
Kansas Audit Highlights Complex Enforcement of State’s Cryptocurrency Tax Law | State News
Michael Hale, an attorney with the Kansas Department of Revenue, said the IRS is taking the lead in determining how best to impose taxes on cryptocurrencies ... -
Oklahoma Watch: New tax law to help businesses reduce support for unemployed Oklahomans | Government and politics
Lionel Ramos Oklahoma watch Republican lawmakers have passed a law cutting corporate taxes, but critics say it comes at the expense of unemployed Oklahomans. The law, ... -
Denver, Boulder, and Pueblo sue Colorado state over new tax law – Greeley Tribune
Several Colorado cities are suing the state over a new law that would prevent them from collecting sales and using the building materials tax for public ... -
David W. Klasing Tax Law Offices
If you are concerned about possible criminal charges related to your failure to report cryptocurrency income, call the tax law offices of David W. Klasing. Our ... -
Corporate Tax Act 101 – Beginner’s Guide for Foreign Investors – Withholding Tax
To print this article, all you need to do is be registered or log in to Mondaq.com. A. Overview Turkey has a complex tax ... -
Idaho property tax law dispute in court | Local
A dispute between Latah County and the Idaho State Tax Commission that could affect millions of dollars in statewide real estate appraisals is about to go ... -
State set to repeal ‘War on Drugs’ tax law | Boston
BOSTON — Beacon Hill leaders are quietly moving to eliminate one of the last vestiges of the war on drugs by repealing a rarely used tax ... -
Romania changes its tax law to boost offshore gas investments in the Black Sea
Pressure gauges are seen at a Romanian gas distribution station near Bucharest January 6, 2009. REUTERS/Bogdan Cristel Join now for FREE unlimited access to Reuters.com Register ... -
Colorado Governor Jared Polis Signs New Property Tax Law, Delays Gas Fees
Gov. Jared Polis began his bill-signing tour after the General Assembly on Monday by enshrining into law an effort to soften the bite of rising property ... -
White House Tax Law Changes for Real Estate
On March 28, 2022, the Biden administration proposed changes to real estate taxation. Restrict deferral of gain for like-kind exchanges under Section 1031 The Biden administration ... -
Virginia Enacts Tobacco Products Tax Law Applicable to Remote Retail Sales of Cigars and Pipe Tobacco | Troutman pepper
Virginia’s new law addresses excise duties and other requirements regarding the distance retail sale of cigars and pipe tobacco to Commonwealth consumers. On April 27, 2022, ... -
Tax law firm urges High Court to protect client messages
By Hannah Albarazi (May 2, 2022, 11:31 p.m. EDT) — An anonymous law firm that focuses on international tax law has asked the U.S. Supreme Court ... -
New changes with the omnibus tax law – Sales taxes: VAT, GST
To print this article, all you need to do is be registered or log in to Mondaq.com. A new omnibus law has been published in the ... -
PIN ID and Income Tax Refunds
Below is our summary of important Internal Revenue Service (IRS) guidance and relevant tax matters for the week of April 10, 2022 through April 16, 2022. ... -
State Tax Laws Will Now Treat Cannabis Sellers Like Other Businesses
ALBANY – The Legislature and Governor Kathy Hochul have approved a change to New York tax law that will allow cannabis entrepreneurs to deduct business expenses ... -
Adam answers tax questions – AB Tax Law
Adam Brewer of AB Tax Law joins Main Street Living to answer tax questions. Valerie TusonWelcome back to Main Street life. April brings us many wonderful ... -
Latest Amendments to Income Tax Law in Egypt Law No. 26/2020 – Income Tax
April 01, 2022 Izdihar Consulting To print this article, all you need to do is be registered or log in to Mondaq.com. Income tax in Egypt ... -
New crypto tax law discriminates in different treatment of different assets
Since 1956, all Indian governments have believed that economic discrimination is acceptable, but political or social discrimination is not. Topicscryptocurrencies | Block chain | RBI ... -
The Bristol Press – SENIOR SIGNALS: Gifts –
Does a friend, accountant, or financial planner tell you that you can give your kids $16,000 a year and don’t have to worry about needing nursing ... -
Changes in tax laws could affect PayPal, Venmo and Cash App users
Changes in tax laws could affect PayPal, Venmo and Cash App users Fox 5’s David Kaplan reports that millions of small business owners who rely on ... -
March 13 – 19, 2022 Weekly Tax Law, IRS Digest
Below is our summary of important Internal Revenue Service (IRS) guidance and relevant tax matters for the week of March 13, 2022 through March 19, 2022. ... -
How to Find the Best Expat Tax Lawyer
Moving to a foreign country to live and work involves many nuances and the most critical aspect of your move is meeting your tax obligations. Regardless ... -
A reliable and indispensable text on corporate tax law in Bangladesh
Complexity in any area of law leads to specialization. But it also carries the risk of having a narrow view, of not seeing the big picture. ... -
Federal Bar Association – 2022 Tax Law Conference
March 3-4, 2022 • Washington, DC To place: Ronald Reagan Building and International Trade Center Address: 1300 Pennsylvania Avenue, NW Washington, USA Join the Tax Section ... -
“It’s another roadblock for people”
CEDAR RAPIDS, Iowa (KCRG) — Grayson Burgess started his business, Comic Sandwiches, in 2016 in Cedar Rapids, but sells on Etsy — a site that hosts ... -
Internal Revenue Service and Tax Law Updates
Monday, February 28, 2022 Below is our summary of important Internal Revenue Service (IRS) guidance and relevant tax matters for the week of February 20, 2022 ... -
New tax law requires third-party sellers to pay taxes on income over $600
RICHMOND, Va. (WWBT/Gray News) – Side hustles appear to be more common as families find unique ways to make ends meet. But starting next year, the ... -
Glen can opt out of tax law that gives solar and wind developers a break – The Daily Gazette
GLEN — Glen City Council will consider opting out of a property tax exemption requiring the city to negotiate payment in lieu of tax deals with ... -
“Not worthy despite improvement efforts”
The new income tax law drafted by the tax authorities shows a number of efforts to improve taxation, but it still fails to keep up with ... -
Electronic Services Tax Law in Thailand: What are the Implications?
In almost every area of the economy, technology is changing faster than the law. Assertive technology companies, making the most of their newly developed capabilities, can ... -
IRS Weekly Roundup of Tax Legislation and Tax Updates
Tuesday, February 8, 2022 Below is our summary of important Internal Revenue Service (IRS) guidance and relevant tax matters for the week of January 30, 2022 ... -
Brant Hellwig LLM ’00 brings his love of tax law and NYU law to his new role as Faculty Director of the Graduate Tax Program
For Brant Hellwig LLM ’00, professor of tax law and new faculty director of NYU Law’s Graduate Tax Program, the appeal of tax law is that, ... -
[Webinar] 2021 Year in Review: Arizona Tax Law – February 17, 2:00 p.m. – 3:00 p.m. MST | Lewis Roca
February 17, 2022 2:00 p.m. – 3:00 p.m. MST On Thursday, February 17, join the Lewis Roca State and Local Tax Group for a recap of ... -
New tax law: Venmo, Cash App to report business transactions over $600
SYRACUSE, NY (WRVO) — If you’ve had a side hustle in 2021 — whether it’s selling homemade candles or walking your neighborhood dogs — this year’s ... -
Guest Comment: Notable Changes to Colorado Tax Laws for 2022
As we are now one month into 2022, it may be time to think about how you are going to position yourself financially. Last year, Colorado ... -
Amendments to tax legislation brought about by Law No. 735 – Corporation Tax
January 31, 2022 Partnership with Esin lawyers To print this article, all you need to do is be registered or log in to Mondaq.com. ... -
What to know about recent pandemic tax law changes
Sidney Kess A number of tax law changes were passed in 2020 to help individuals and businesses weather the pandemic. These included changes made by the ... -
Navajo Nation Council Tables Bills to Overhaul Tribe Tax Law
FARMINGTON — A pair of bills proposing revisions to the Navajo Nation’s tax law were stalled during the Tribal Council’s winter session Jan. 26. Council delegates ... -
Bills to overhaul Navajo Nation tax law stall in council session
FARMINGTON — A pair of bills proposing revisions to the Navajo Nation’s tax law were stalled during the Tribal Council’s winter session Jan. 26. Council delegates ... -
Amendments to tax legislation introduced by Law No. 735
Law No. 7351 made various changes regarding certain tax practices and disputes. These changes include the filing requirement for stay orders to be rendered in tax ... -
Peru: Impact of changes to the Municipal Taxation Law and the Law for the Regulation of Urban Planning and Building Permits
In short On December 31, 2021, Legislative Decree no. construction. Key points to remember The main changes made by the decree are as follows: Transfer formalization ... -
Hobbs tax bill unintentionally cuts city revenue
HOBBS, NM (AP) — The town of Hobbs is pushing to change a state law that town officials say is causing an unintended loss of gross ... -
City income tax law in Ohio Supreme Court
(Getty Pictures) Emergency legislation enacted at the start of the COVID-19 pandemic that changed the way municipal income taxes were distributed to cities is now before ... -
Overview of Washington State Tax Law Changes Effective January 1, 2022 – None Final | Lasher Holzapfel Sperry & Ebberson LLC
Two tax changes went into effect January 1, 2022 in Washington State, but neither is final. Capital gains tax The new capital gains tax came into ... -
New Year’s Eve heralds the implementation of changes to the Income Tax Law and Special Contribution for Defense Law – Taxation
Cyprus: New Year’s Eve announces the implementation of changes to the Income Tax Law and Special Contribution for Defense Law December 30, 2021 Elias Neocleous & ... -
Happy Holidays from Larry’s Tax Law | Foster Garvey PC
Like last year, 2021 was a tough year. The COVID-19 pandemic continues to be at the forefront of everyone’s existence. In addition to this, the Delta ... -
From scrapping the retro tax law to record GST cleanup: 2021 for the revenue department
Record GST tax collection, an overhaul of the tax filing portal, and the landmark decision to remove retrospective taxation set the stage for the ... -
Ending the Tax Law Subsidy for Corporate Debt
Corporate tax debates are mostly about “how much”, not “how”. The debate over recent corporate tax plans is no exception. Congress raises or lowers tax rates, ... -
Taxes, changes in tax legislation will follow the holiday season
NACOGDOCHES, Texas (KTRE) – One special legislative session after another has delayed releasing new information on tax law to chief assessors. As a result, taxpayers may ... -
Tax incentives for IT companies in the tax law of the city of Diia
Ukrainian Parliament takes both measures to facilitate the growth of innovative companies and attract foreign investment – Framework law of the city of Diia and Tax ... -
Holiday Shopping Tax Scam Warning
Below is our summary of the Internal Revenue Service (IRS) key directions and relevant tax matters for the week of November 29, 2021 to December 3, ... -
The harmonized tax law amends the provisions relating to excise – Tax
Indonesia: Harmonized tax law amends excise provisions 05 December 2021 AKSET Law To print this article, simply register or connect to Mondaq.com. The new law n ... -
From the Tax Law Offices of David W. Klasing – Can a person who is both the owner and beneficiary of a foreign trust face duplicate penalties for failure to report in both roles? | national news
IRVINE, Calif., December 1, 2021 / PRNewswire / – The U.S. tax code imposes various foreign information and income tax reporting requirements whenever foreign income-generating assets ... -
Jacko Law Group, PC adds tax lawyer Jeremiah Baba Pagano, ESQ., LL.M., as partner
âThrough his many roles, Jeremiah has demonstrated an ability to assess complex tax compliance issues and brings a weighted approach as a strong advocate that delivers ... -
U.S. Tax Law Helps Multinationals Rather Than National Businesses
One of the fundamentals of the US economy is that small businesses are the backbone of US commerce. In fact, companies with less than 500 employees ... -
Income tax bill to reduce tax evasion: president of the NBR
The current Income Tax Ordinance, for the most part, is a continuation of the Income Tax Act, 1922, which includes provisions almost 100 years old. TBS ... -
From the Tax Law Offices of David W. Klasing – Does the IRS Access Your Bank Accounts in the United States and Abroad? | national news
IRVINE, Calif., November 24, 2021 / PRNewswire / – In today’s post-911 world, the value of privacy is at an all-time high. Many American taxpayers simply ... -
Clifford Chance of London Expands US Tax Bench with NY Hire
UK law firm Magic Circle Clifford Chance is expanding its US practice in tax, retirement and employment with the addition of tax attorney Paul Seraganian as ... -
“Employee benefits”: tax law for small things
In what seems like another life, I worked for one of the “Big 4” accounting firms. I worked closely with a partner who acted as the ... -
Some Potential Tax Law Changes You Can Expect – A Study by William D. King
The Democratic tax strategy has now been translated into tangible legislation thanks to the action of the House. Although the tax package has survived several days ... -
Judge bans Ogdensburg from enforcing tax law
OGDENSBURG, New York (WWNY) – A state Supreme Court judge has temporarily banned the city of Ogdensburg from implementing a local law to shift the burden ... -
CEO of Rosenthal Wealth Management says potential tax law changes may necessitate revised retirement planning
MANASSAS, Va., Nov. 18, 2021 (GLOBE NEWSWIRE) — As Congress continues its negotiations regarding changes to numerous pieces of tax laws, Rosenthal Wealth Management CEO Larry ... -
From the Tax Law Firms of David W. Klasing -How Does “Credibility” Come into Play in “FBAR” Penalty Cases?
The courts will look for evidence of factors indicating fraud and examine all of those present together to determine whether the defendant has committed tax fraud. ... -
From David W. Klasing Tax Law Offices – Federal Court Says: IRS Foreign Bank Account Reporting Penalties Can Now Exceed Regulatory Limit | State
Country united states of americaUS Virgin IslandsMinor Outlying Islands of the United StatesCanadaMexico, United Mexican StatesBahamas, Commonwealth ofCuba, Republic ofDominican RepublicHaiti, Republic ofJamaicaAfghanistanAlbania, People’s Socialist Republic ... -
Potential changes in tax law weigh on year-end tax planning for individuals – Tax
To print this article, simply register or connect to Mondaq.com. As if another year of the COVID-19 pandemic weren’t enough to produce an unusual landscape for ... -
Landlord Tax Law Changes to be Discussed at Kenosha Landlords Membership Meeting | Local news
Kenosha Landlords Membership Meeting Wednesday will feature CPA speaker Christopher Infusino. Licensed in the State of Wisconsin since 1998, Infusino specializes in tax preparation and small ... -
From the tax law offices of David W. Klasing
IRVINE, Calif., November 11, 2021 / PRNewswire / – The IRS, the federal government’s tax watchdog, has several avenues to attack U.S. taxpayers if they believe ... -
Trump tax law set to be a big winner in Biden’s $ 1.75 trillion social spending bill
Arizona Senator Kyrsten Sinema. Tom Williams / CQ-Roll Call Inc. via Getty Images Democrats are struggling to roll back Trump’s tax law and could leave most ... -
Genesee County May Pass New “Tourist Tax” Law | Local news
BATAVIA – Genesee County lawmakers could seek public comment on November 22 on a proposal to expand the types of accommodation in which guests should pay ... -
Democrats campaigned against GOP tax law but barely touched it
WASHINGTON – After Republicans cut tax rates in 2017, Democrats took control of the House of Representatives in part by promising to defeat the “GOP tax ... -
Ways & Means approves changes to county tourist tax law to include Airbnb, similar short-term accommodation sites
A public hearing regarding the introduction of Local Law No. 6, which amends the Genesee County Hotel and Motel Occupancy Tax Act to include Airbnb-type short-term ... -
Illinois Online Sales Tax Law Hits As Online Purchases Rise | Chicago News
Illinois tax revenue plummeted when COVID-19 hit, but according to the Illinois Department of Revenue it is rising again. Sales and use tax revenues are up ... -
Flow-through entity owners affected by proposed changes to federal tax law
If you have your head buried in the sand or have just decided that you are not going to follow all of the potential changes in ... -
Tax Law and IRS Advice This Week
Below is our summary of the Internal Revenue Service (IRS) key directions and relevant tax matters for the week of October 25, 2021 through October 29, ... -
Indonesia’s Harmonized Tax Law – A New Tax Regime for a Modern World
What do you want to know The Indonesian parliament has introduced a new “omnibus” law, known as the Harmonized Tax Law. The harmonized tax law makes ... -
Simplify tax law
Last week, Senator Tom Cotton used the term “surveillance plan” to describe the proposed expansion of the IRS’s access to aggregate banking activity to over $ ... -
DANA KELLEY: Simplifying tax law
Last week, Senator Tom Cotton used the term “surveillance plan” to describe the proposed expansion of the IRS’s access to aggregate banking activity to over $ ... -
Proposed Changes to Federal Tax Laws Affecting Estate Planning | Davis Wright Tremaine LLP
The House Ways and Means Committee recently released its plan to pay for President Biden’s proposed Build Back Better Act. Many of the Internal Revenue Code ... -
ECJ adviser supports French dividend tax law
By Todd Buell (October 14, 2021, 11:35 a.m. EDT) – A counselor to Europe’s highest court on Thursday backed a French tax law on profit redistribution, ... -
IRS publishes practice unit on tax law and audit steps
Below is our summary of important Internal Revenue Service (IRS) guidance and relevant tax matters for the week of October 4, 2021 to October 8, 2021. ... -
How to plan for your retirement when tax laws are constantly changing
A lively friend of mine once said: âEverything is in motion; it moves more and more every day! That’s what many think of the back-and-forth statements ... -
IRS Launches Program To Help Pot Cos Comply With Tax Law
By Katryna Perera (September 29, 2021, 4:26 p.m. EDT) – The IRS has launched a program to help cannabis companies operating in states where marijuana is ... -
From the Tax Law Offices of David W. Klasing – Can You Transfer Assets to Avoid Paying the Taxes You owe the IRS? | national news
IRVINE, Calif., September 28, 2021 / PRNewswire / – Many are hoping to find creative ways to limit their tax liability each year. Unfortunately, too many ... -
Changes in Tax Laws and Proposed Tax Hikes Could Impact Private Equity Transactions and Mergers and Acquisitions | Kramer Levin Naftalis & Frankel LLP
The House Ways and Means Committee recently released legislative proposals as part of the âBuild Back Betterâ reconciliation legislation that the committee is developing (the proposed ... -
Revision of personal income tax law
The Constitutional and Legislative Reform Commission (CLRC) will review personal income tax laws after the launch of its concept paper on October 1, 2021. The terms ... -
Legal Ease of Use: How to Prepare for Impending Tax Law Changes
The terms have not been clarified, but changes in federal tax law will come into effect in the coming months. Once announced, the details could prompt ... -
Legal-Ease: How to Prepare for Impending Changes in Tax Law
Although the conditions are not settled, changes to our federal tax laws will be implemented in the coming months. Upon announcement, the details are likely to ... -
Call to consult stakeholders before making a new tax law
LAHORE: The government hastily released a new proposed income tax ordinance which was rejected by traders because business activities do not resume due to the impact ... -
Possible changes to the inheritance and gift tax law | Sheppard Mullin Richter & Hampton LLP
Last week, the House Ways and Means Committee released a draft tax law amendment to be included in a reconciliation bill. While it is uncertain whether ... -
Dallas tax lawyer recognized for excellence based on peer reviews and independent research
Maxine Aaronson, lawyer Super Lawyers named Maxine Aaronson one of the top five percent of Texas’ top tax lawyers for 2021 Being recognized by my colleagues ... -
Hassle-Free Tax Experts at Valley Tax Law Stockton, a Stockton Tax Lawyer
Stockton, California – Valley Tax Law Stockton has helped thousands of clients with tax debt and related issues in San Joaquin County and Northern California. Their ... -
IRS guidelines on employers’ tax responsibilities and credits, etc.
Monday, September 20, 2021 Below is our summary of the Internal Revenue Service (IRS) key directions and relevant tax matters for the week of September 13, ... -
Highlights of Lagos State Value Added Tax Law
Friday September 17, 2021/10: 50 AM / by CITN / Header image credit: Shuitterstock On September 9, 2021, the Lagos State House of Assembly passed its ... -
Proposed changes to tax legislation | McNees Wallace & Nurick LLC
A note prepared by the House Ways and Means Committee outlining the proposed changes to the tax laws has been released. The note is accompanied by ... -
House Ways and Means Committee reports on tax law changes
Tax refund check in addition to Form 1040 and Hundred Dollar Bill. getty On September 13, 2021, the House Ways & Means Committee released sweeping tax ... -
From the Tax Law Offices of David W. Klasing -Does Increased IRS Funding Mean More Income Tax Audits and Criminal Tax Investigations?
Government plans to increase funding for IRS In previous years, the IRS’s capacity has been drastically reduced due to a series of budget cuts and layoffs. ... -
Seneca Nation couple urge judges to follow conventional tax law
By Diamond Naga Siu (September 10, 2021, 8:50 p.m. EDT) – A couple with ties to the Seneca Indian Nation have said the United States Supreme ... -
Emergency Preparedness and Hurricane Tax Extensions
Tuesday, September 7, 2021 Below is our summary of the Internal Revenue Service (IRS) key directions and relevant tax matters for the week of August 30, ... -
Tax law – innocent spouse exception
When the complainant had extensive training, including a law degree and an MBA, and was involved in the management of the husband’s legal practice, the Tax ...