by Upstate Tax Professionals | Mar 19, 2020 | Tax Tips and News
Tax Policy – Lawmakers Concerned that Delay in Tax Filing Deadline Not Fully Understood
The coronavirus crisis has broken out just as many firms and individuals are completing returns for the 2019 tax year. In response, the U.S. Treasury Department has...
by Upstate Tax Professionals | Mar 19, 2020 | Tax Tips and News
IRS Tax News – Coronavirus relief bill contains tax credits for employers
Here’s a look at the payroll tax credit provisions for employers in the coronavirus relief bill President Donald Trump signed on Wednesday.
Source: IRS Tax News –...
by Upstate Tax Professionals | Mar 19, 2020 | Tax Tips and News
Tax Policy – For Italian Banks: Converting Future Deductions to Present Tax Credits
During the coronavirus outbreak, Italy has been hit especially hard. Policymakers have introduced numerous measures to stem the spread of the virus and provide relief to...
by Upstate Tax Professionals | Mar 19, 2020 | Tax Tips and News
Tax Policy – Cross-Border Corporate Effective Average Tax Rates in Europe
In today’s globalized economy, many businesses make foreign investments in countries around the world. Taxes—among many other factors—play a role in business decisions on whether and...
by Upstate Tax Professionals | Mar 18, 2020 | Tax Tips and News
IRS Tax News – AICPA expresses strong concern over lack of filing relief in coronavirus tax notice
The IRS delayed any tax payments due April 15 to July 15 without interest or penalties accruing. The relief does not extend any tax return filing deadlines...
Upstate Tax Professionals