CCH Tax Day Report An individual who was transferred to a state hospital to receive mental healthcare while he was incarcerated was not entitled to an Earned Income Tax Credit (EITC). During the tax year at issue, the individual earned income performing part-time custodial duties for the hospital. The individual argued that he was entitled […]

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CCH Tax Day Report The House Ways and Means Oversight Subcommittee examined the 2017 tax-filing season in an April 26 hearing. “The annual hearing is an opportunity to hear about the progress and challenges IRS has administering the tax code – and to learn what Congress may be able to do to help,” Chairman Vern […]

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CCH Tax Day Report Senior administration officials outlined President Trump’s tax proposals at a news conference in Washington, D.C. on April 26. “Today we are putting out core principles,” Treasury Secretary Steven Mnunchin told reporters. Mnunchin and National Economic Council Director Gary Cohn said that the proposals, which include reducing individual and businesses taxes, along […]

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CCH Tax Day Report A motion to vacate the Ohio Board of Tax Appeals’ (BTA) decision reinstating a county auditor’s property tax assessment of a taxpayer’s property was dismissed because the BTA lacked jurisdiction to vacate a decision after the statutory deadline for appealing decisions had passed. The taxpayer acquired the property after the Board […]

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CCH Tax Day Report A taxpayer’s sales of three different online file-sharing applications for corporate boards of directors are subject to New York sales and use tax because the applications are prewritten software. The first application gives its corporate customers access to prewritten software on its portal. The customers use this software to upload board […]

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CCH Tax Day Report The Nebraska Department of Revenue has updated general information regarding the historic tax credit, which is available against corporate and personal income taxes, the premium tax imposed on insurance companies, and the franchise tax imposed on financial institutions. The updated information discusses the date to begin calculating eligible expenditures, expenditures incurred […]

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