The Texas Supreme Court just released its opinion in Combs v. Health Care Service Corporation. The Court affirmed the Court of Appeals’ opinion in favor of the taxpayer on two of the three issues; namely, that the sale-for-resale exemption applies to Health Care Service’s purchases of tangible personal property and taxable services.
On June 4, 2013, Nebraska Governor Dave Heineman signed into law a bill (LB104) designed to incentivize the development of renewable energy in the state by exempting certain purchases of renewable energy equipment and other project costs from the state’s 5.5 percent sales tax.
An Internet installer from Montgomery was sentenced today to 30 months in federal prison for an identity theft tax scheme in which he allegedly filed dozens of fraudulent tax returns amounting to nearly $100,000.
Chapter 13 is a powerful legal mechanism to stop IRS harassment and allow you to pay owed taxes over three to five years. For some debtors this type of relief is a long time coming, and often is an on-going problem.
As discussed in a previous post on this site captioned “Applying the resale exemption to licenses of computer programs re-licensed as part of a taxable service,” the Texas Tax Code permits a computer program to be licensed (or sold or leased) tax-free for resale if the program is to be transferred as an “integral part” of a taxable service.
While our current digital, paperless world has made life more efficient for most, when someone dies, it can be difficult for the survivors to obtain the keys to unlock all of the digital information that is left behind. As a result, it is important to plan during life to make the process of administering one’s estate easier to navigate.
You’ve Got Mail, I’ve Got Tax Liability: Texas Considers Content of Email Transmission for Sales Tax
The Texas Comptroller determined that a taxpayer’s email advertisement services were telecommunications services subject to the state’s sales tax. The taxpayer, a producer of real estate television shows for homebuilders, maintained a website through which it offered Internet-based services.
As discussed in this McGuireWoods client alert, the Senate finance committee staff recently published a report describing various potential legislative changes that could impact executive compensation, either individually or as part of a broader package of tax reform.
Here’s a good joke: Sam walked in to a BAR hearing. Ouch.But too bad for Sam and many others who’ve experienced that sometimes hearings before the BAR do hurt. We have heard that BARs should not totally “reappraise or revalue” grieved properties anew.
Less is More: a Proposal for Tax Simplification for Exempt Organizations’ Political and Lobbying Activities
Recent press coverage of the IRS’s review of exemption applications, and Washington’s reactions to it, has shone a spotlight on a problem that tax-exempt practitioners have been talking about for years: the need to clarify standards surrounding political and lobbying activity by exempt organizations, and to make compliance with the law easier, for the IRS and exempt organizations, regardless of their politics.