In January 2014, the Monroe County (PA) Court of Common Pleas stripped recently awarded HUP status from a not-for-profit student housing corporation affiliated with East Stroudsburg University (“ESU”).
The Estate of Michael Jackson is battling it out with the IRS in a dispute over the value of the late pop star’s estate.
The U.S. Supreme Court recently heard arguments in an employment tax case (United States v. Quality Stores, Inc.) that will have an important impact on many employers and employees.
In an effort to level the playing field with winemakers and craft brewers, new legislation was proposed in the House of Representatives on February 25, 2014 that would greatly reduce the federal excise tax rate on craft distillers.
Conveying oil and gas interests in Pennsylvania raises the question as to whether the document conveying the interest is subject to realty transfer tax and, if so, how the value of the interest determined and the tax calculated
Last week Rep. Camp (R-MI), Chair of the House Ways and Means Committee, announced a comprehensive tax reform discussion draft as part of his efforts to reduce top corporate tax rates to 25% and provide individual brackets at 10%, 25%, and for many, 35% (after adding a 10% surtax for non-domestic production income of high-income individuals).
Businesses are starting to move more of their operations to the “Cloud” and hire “Cloud” vendors to provide an increasingly diverse number of services.
We recently posted about the Legislature’s recent amendment to the RPTL 458-a Alternative Veterans’ Exemption.
Yesterday a bipartisan coalition of lawyers representing tax-exempt 501(c)(4) social welfare organizations issued joint comments to the Internal Revenue Service (IRS) commending the IRS for attempting to bring additional clarity to political activities by tax-exempt organizations
Effective the first quarter of 2014, the Texas Workforce Commission (“TWC”) will require all employers to report wages electronically.