by Upstate Tax Professionals | Feb 10, 2020 | Tax Tips and News
Tax Policy – Tennessee’s Governor Lee Pushes to Clear Out Remnants of Income Taxation
Tennessee Governor Bill Lee’s 2020 budget proposal includes cutting in half what’s left of Tennessee’s privilege tax. Lee’s plan would continue the trend of Volunteer...
by Upstate Tax Professionals | Feb 7, 2020 | Tax Tips and News
Tax Policy – Will Arizona Lead the Way on Full Expensing This Year?
Earlier this week, a tax omnibus bill—Senate Bill 1398—advanced out of the Arizona Senate Finance Committee with a favorable recommendation. This bill includes many tax changes (paywall),...
by Upstate Tax Professionals | Feb 7, 2020 | Tax Tips and News
Tax Policy – Overview of Democratic Presidential Candidate Michael Bloomberg’s Tax Plan
This week, Democratic presidential candidate and former New York City Mayor Michael Bloomberg released his plan to increase taxes on businesses and wealthy individuals,...
by Upstate Tax Professionals | Feb 6, 2020 | Tax Tips and News
Tax Policy – Tax Subsidies for R&D Expenditures in Europe
Many countries incentivize business investment in research and development (R&D), intending to foster innovation. A common approach is to provide direct government funding for R&D...
by Upstate Tax Professionals | Feb 5, 2020 | Tax Tips and News
Tax Policy – How the Puerto Rico Disaster Package Targets Relief but Creates Tax Complexity
In recent years, hurricanes devastated the U.S. Atlantic coast and other island territories. Many communities—including those in Puerto Rico and the Virgin...
Upstate Tax Professionals