Virtual currency is a new, untested, and unregulated asset.
New York State Amends Real Property Tax Law to Allow School Districts to “Charge Back” Tax Refunds to School District Public Libraries
Governor Cuomo recently signed a law granting school districts the authority to “charge back” real property tax certiorari refunds to school district public libraries.
The emergence of a digital economy presents challenging tax questions.
BSI of Lugano, Switzerland, became the first bank to earn a non-prosecution agreement under the U.S. DOJ’s Program for Swiss Banks, paying a penalty of $211 million.
Senate Bill (S.B.) 1291, recently filed in the current session of the 84th Texas Legislature along with its identical companion, House Bill (H.B.) 4005, proposes to significantly alter the procedures applicable to the resolution of disputes involving Texas’s statewide taxes administered and enforced by the Texas Comptroller of Public Accounts.
It is a rare that one can say that something exciting for tax whistleblowers has occurred with the proposed budget. However, today is that day.
With the April 15th tax filing deadline quickly approaching, I am beginning to see an increase of the tax-related issues arise in my client’s cases.
Marijuana businesses are in for quite a trip this tax season. Even though marijuana has been legalized in some form in many states—17 states and Washington, D.C. have decriminalized marijuana (including New York); 23 states and Washington, D.C. have legalized it for medical use (including New York and New Jersey); 4 states and Washington, D.C. have legalized it for personal recreational use—it is still illegal under federal law.
The prospects of significant tax legislation this year are low. Nevertheless, when the President proposes “tax reform” it makes headlines.