By TODD RICHMOND and SCOTT BAUER Associated Press MADISON, Wis. (AP) — Wisconsin’s Republican-controlled Legislature on Thursday sent a plan to reduce income taxes by $250 million to Gov. Tony Evers, who appears likely to veto it. The Senate and ...

Tagged with: Income tax income taxes state Legislature

Republican leaders in the Wisconsin Legislature said Wednesday that they are looking at using some of a state surplus to reduce income and property taxes while also paying down debt, although the details of they what they might put forward remain in flux.

Tagged with: Gov. Tony Evers Income tax Property taxes Robin Vos Scott Fitzgerald state Legislature

A Milwaukee County court commissioner has pleaded no contest to filing false tax documents.

Tagged with: Dane County Circuit Court Geneva McKinley Income tax J.B. Van Hollen Julie Genovese

11-2508 Brown v. CIR

Tagged with: 7th Circuit Digest Brown CIR Civil Digest Income tax Tax Digest

11-3478 State Farm Mut. Auto. Ins. Co. v. CIR

Tagged with: 7th Circuit Digest CIR Civil Digest Income tax Tax Digest

When the U.S. Supreme Court ruled on the health care law late last month, the decision upholding the individual health insurance mandate made headlines.

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A divorced father could claim a dependency exemption on his federal income taxes – even though his child’s mother refused to sign the form ordinarily required by the IRS for such exemptions, the U.S. Tax Court has ruled.

Tagged with: child support divorce Income tax U.S. Tax Court

11-139 U.S. v. Home Concrete & Supply, LLC

Tagged with: Civil Digest Income tax SCOTUS Digest statute of limitations Tax Digest

After three decades as a part-time tax preparer, 80-year-old Elmer Kilian of Eagle, Wis., is concerned that new IRS regulations may prevent him from hanging out his shingle. Kilian is one of three plaintiffs filing a federal lawsuit this week that challenges new licensure requirements for hundreds of thousands of tax preparers across the nation.

Tagged with: Income tax IRS lawsuit tax returns

11-2078 Rolfs v. CIR

Tagged with: 7th Circuit Digest CIR Civil Digest Income tax Tax Digest

Tax Income tax; fraud Where the taxpayer is an attorney specializing in business planning and tax matters, the Tax Court reasonably found that he committed fraud by funneling income into entities that lacked any business purpose. “The Coles also concealed ...

Tagged with: fraud Income tax

Tax Income tax; statute of limitations An overstatement of basis can be treated as an omission from gross income, triggering a six-year statute of limitations. “[A] plain reading of Section 6501(e)(1)(A) would include an inflation of basis as an omission ...

Tagged with: Income tax statute of limitations Tax Digest