by Upstate Tax Professionals | Mar 27, 2020 | Tax Tips and News
IRS Tax News – Gift and GST returns added to postponed tax and filing deadlines
The IRS postponed the payment and return filing requirements for gift and generation-skipping transfer taxes due April 15 to July 15, matching prior postponements granted to...
by Upstate Tax Professionals | Mar 27, 2020 | Tax Tips and News
IRS Tax News – Coronavirus paid sick leave and family leave guidance issued
The IRS issues rules to implement paid sick and child care leave credits enacted in response to the pandemic.
Source: IRS Tax News – Coronavirus paid sick leave and...
by Upstate Tax Professionals | Mar 27, 2020 | Tax Tips and News
Tax Policy – March 27th Afternoon State Tax Update
On March 19 we launched a tracker providing a repository of information related to state fiscal policy responses to COVID-19. We are updating the tracker frequently and will be using the Tax Foundation...
by Upstate Tax Professionals | Mar 27, 2020 | Tax Tips and News
Tax Policy – Sports Betting During a Pandemic
Opening Day for baseball was scheduled for March 26, an annual sports holiday celebrated across the country as it represents a clean slate for millions of fans. This time, March 26 came and went with no opening...
by Upstate Tax Professionals | Mar 27, 2020 | Tax Tips and News
Tax Policy – Spain’s COVID-19 Economic Response
Countries around the world are implementing emergency tax measures to support their economies under the coronavirus (COVID-19) threat. On March 12, the Spanish Prime Minister announced a €200 billion ($231...