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EXCLUSIVE: Our investigation of Montana LLCs published. We found thousands of cars plated in Montana and operated elsewhere, sheltering owners from taxes and fees in the other 49 states. The cost to non-Montana states runs in the billions. @bloombergtax.com news.bloombergtax.com/daily-tax-re...
Got Montana Plates? States Ramp Up the Scrutiny on Tax Dodgers
A decades-old tax avoidance strategy could be costing other states hundreds of millions of dollars in vehicle taxes and fees, revenue officials say. Utah and California are leading enforcement efforts...
news.bloombergtax.com
April 29, 2025 at 1:23 PM
EXCLUSIVE: Our investigation of Montana LLCs published. We found thousands of cars plated in Montana and operated elsewhere, sheltering owners from taxes and fees in the other 49 states. The cost to non-Montana states runs in the billions. @bloombergtax.com news.bloombergtax.com/daily-tax-re...
HEADS UP! Our exclusive and exhaustive report on Montana tax shelters will run Tuesday. There is a lot of important new information about the tax losses to the states and new enforcement strategies. ONLY in Bloomberg Tax.
April 28, 2025 at 10:52 PM
HEADS UP! Our exclusive and exhaustive report on Montana tax shelters will run Tuesday. There is a lot of important new information about the tax losses to the states and new enforcement strategies. ONLY in Bloomberg Tax.
Is it possible donations to pregnancy crisis centers could be used as tax shelters? See my analysis of a bill moving through the Missouri legislature that is sure to attract tax speculators - only in @tax news.bloombergtax.com/daily-tax-re...
Missouri Eyes 100% Tax Credit for Pregnancy Crisis Centers
A bill moving through the Missouri legislature that would create a dollar-for-dollar tax credit for donations to organizations that aid women facing unplanned pregnancies has tax policy advocates argu...
news.bloombergtax.com
April 9, 2025 at 2:32 PM
Is it possible donations to pregnancy crisis centers could be used as tax shelters? See my analysis of a bill moving through the Missouri legislature that is sure to attract tax speculators - only in @tax news.bloombergtax.com/daily-tax-re...
The mystery is solved. IRS acknowledged it is removing guidance posted online to review the documents against President Trump’s executive order scrubbing references to “diversity, equity, and inclusion” from all federal programs. See my story in @bloombergtax.com www.bloomberglaw.com/bloomberglaw...
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www.bloomberglaw.com
March 28, 2025 at 12:50 AM
The mystery is solved. IRS acknowledged it is removing guidance posted online to review the documents against President Trump’s executive order scrubbing references to “diversity, equity, and inclusion” from all federal programs. See my story in @bloombergtax.com www.bloomberglaw.com/bloomberglaw...
Recently state revenue officials reached out to discuss the disappearance of critical IRS guidance directing their tax data security activities. The IRS finally acknowledged the interruption. It remains unclear why IRS removed Pub 1075. Any theories out there? news.bloomberglaw.com/daily-tax-re...
IRS Yanks Data Security Guidance for State Revenue Agencies (1)
The IRS has removed guidance from its website that directs state, local, and tribal governments on their data security responsibilities when handling federal tax information, raising questions for som...
news.bloomberglaw.com
March 25, 2025 at 10:23 PM
Recently state revenue officials reached out to discuss the disappearance of critical IRS guidance directing their tax data security activities. The IRS finally acknowledged the interruption. It remains unclear why IRS removed Pub 1075. Any theories out there? news.bloomberglaw.com/daily-tax-re...
Breaking in @bloombergtax.com An Illinois judge ruled Pepsi had no basis for claiming its snack food subsidiary Frito-Lay operates as a foreign corporation exempt from Illinois income taxes and held the soft-drink giant liable for $10.9 million in back taxes, penalties, and interest.
January 10, 2025 at 11:07 PM
Breaking in @bloombergtax.com An Illinois judge ruled Pepsi had no basis for claiming its snack food subsidiary Frito-Lay operates as a foreign corporation exempt from Illinois income taxes and held the soft-drink giant liable for $10.9 million in back taxes, penalties, and interest.
Looking forward to sharing my @bloombergtax.com stories on this platform and picking up your state and local tax news tips.
January 9, 2025 at 9:24 PM
Looking forward to sharing my @bloombergtax.com stories on this platform and picking up your state and local tax news tips.