In California Ridge Wind Energy LLC, et al. v. United States, the U.S. Court of Appeals for the Federal Circuit addressed whether the amount of the developer's fee claimed by the appellees should be ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Thomas J Catalano is a CFP and Registered Investment Adviser with the state of South ...

On March 13, 2018, the Large Business and International (LB&I) Division of the Internal Revenue Service (IRS) announced five new compliance campaigns. The new campaigns continue the IRS’s move to ...

A representative of the American Institute of CPAs told the Internal Revenue Service that the temporary proposed regulations governing the deduction and capitalization of tangible property ...

Today’s question is: If you’re married, who owns the untitled tangible personal property in your household? What we’re talking about are sofas, chairs, tables, beds, big-screen TVs, stamp collections, ...

The IRS announced on Tuesday that it will raise the deductible amount for purchases of tangible property by taxpayers without applicable financial statements (AFSs) to $2,500 per item, an increase ...

Gov. Jim Justice appears at an anti-Amendment 2 event in Mercer County Tuesday afternoon. (Photo courtesy of the WV Governor’s Office) CHARLESTON — Gov. Jim Justice has been traveling around the state ...

(WJAR) — Governor McKee will sign legislation that limits the taxes businesses in Rhode Island pay. The legislation exempts the first $50,000 of tangible property from the personal property tax for ...

PROVIDENCE, R.I. (WPRI) – Like many other new small business owners, Adam Lastrina says he had never heard of the tangible tax before he opened a downtown doughnut shop on Custom House Street in 2016.

Pat Summitt's last will and testament didn't spread the property of the Tennessee women's basketball coaching legend. Summitt gave all of her 'tangible personal property' to her only son, Tyler. A ...

IMGCAP(1)]The IRS released an advanced copy Thursday of Rev. Proc. 2014-54, which provides guidance on certain changes in method of accounting for dispositions of tangible depreciable property. One of ...