by Upstate Tax Professionals | Mar 17, 2020 | Tax Tips and News
IRS Tax News – Treasury secretary announces 90-day delay in tax payment deadline
Treasury Secretary Steven Mnuchin announced that individuals and businesses can delay their tax payments for 90 days due to the coronavirus pandemic.
Source: IRS Tax...
by Upstate Tax Professionals | Mar 17, 2020 | Tax Tips and News
Tax Policy – How the Federal Government and the States Could Help Save Small Businesses Through Temporary UI Tax Adjustments
Governmental responses to the coronavirus outbreak will require creativity and flexibility—and one aspect of that may involve...
by Upstate Tax Professionals | Mar 17, 2020 | Tax Tips and News
Tax Policy – Senate Receives Final Version of House Coronavirus Bill Offering Paid Leave
The Senate will now be taking up the final version of the House Families First Coronavirus Response Act passed by unanimous consent, which includes changes to the paid...
by Upstate Tax Professionals | Mar 17, 2020 | Tax Tips and News
Tax Policy – Tax Options for Economic Relief During the Coronavirus Crisis
As policymakers consider ways to provide relief during the public health crisis and economic downturn, tax policy can provide a set of tools to increase stability for both...
by Upstate Tax Professionals | Mar 17, 2020 | Tax Tips and News
Tax Policy – Taxes and Liquidity During an Economic Crisis
The coronavirus crisis is creating an unprecedented economic shock, and lawmakers are debating how to use fiscal policy tools to stimulate the economy and accommodate businesses and households...