4+ hour, 28+ min ago   (890+ words) The recent challenge in McKesson Corp. v. United States to the Treasury Department’s stock-based compensation cost-sharing regulations has reignited a debate over whether tax authorities can require related parties to share employee stock compensation costs when there is little evidence that…...

2+ day, 16+ hour ago   (105+ words) news.bloombergtax.com A not-for-profit healthcare system can’t claim charitable property tax exemptions for a number of facilities since its bonus compensation is partially based on net earnings, the Missouri State Tax Commission ruled. In Missouri, a property eligible for…...

1+ week, 1+ day ago   (759+ words) A longtime campaign promising tax savings along with workplace wellness plans is seeing a comeback. But many of the plans promoted don’t qualify for legitimate tax benefits. They’re double-dipping tax avoidance strategies pitching payroll tax savings if employers offer the…...

3+ week, 1+ day ago   (117+ words) news.bloombergtax.com The Trump administration’s proposed rules meant to limit undocumented immigrant workers from benefiting from certain tax credits are one step closer to being released. The White House Office of Information and Regulatory Affairs finished its review of…...

3+ week, 1+ day ago   (109+ words) news.bloombergtax.com A former drug rehabilitation center patient can move forward with claims the organization violated wage and hour law by not paying him for work he completed with a third-party business for his recovery, a federal appeals court…...

3+ week, 6+ day ago   (87+ words) news.bloombergtax.com A pediatric management company petitioned the US Tax Court to challenge a more than $1.7 million IRS tax bill for its 2022 tax year. Pediatrics on Demand Management LLC filed the petition to contest an IRS determination that disallowed…...

1+ mon, 5+ day ago   (117+ words) news.bloombergtax.com The Trump administration proposed a regulation that could significantly change the way states can generate additional income to fund their Medicaid programs. The proposed rule (RIN 0938-AV93), released Tuesday by the Centers for Medicare & Medicaid Services, cracks down…...

1+ mon, 2+ week ago   (96+ words) news.bloombergtax.com A medical building’s property tax value is $8 million according to the Minnesota Tax Court, which granted the building a slight reduction from Dakota County, Minn.'s, appraisal but declined most of the adjustment requests. The Minnesota Supreme…...

1+ mon, 3+ week ago   (100+ words) news.bloombergtax.com Public Partnerships LLC and New York home health aides won preliminary approval for the $162 million settlement of a lawsuit accusing the state’s financial intermediary for Medicaid home-care service of failing to properly pay those workers. US Magistrate…...

1+ mon, 3+ week ago   (100+ words) news.bloombergtax.com An arbitration award in favor of a former employee of a UnitedHealth Group Inc. subsidiary alleging the company’s on-premises rest period directive violated state wage and hour laws can stand after a California appeals court upheld the…...