by Upstate Tax Professionals | Mar 27, 2020 | Tax Tips and News
Tax Policy – Evaluating the Trade-offs of Unemployment Compensation Changes in the CARES Act
Millions of American workers have been laid off due to the economic downturn associated with the spread of the coronavirus. Complying with both the Trump...
by Upstate Tax Professionals | Mar 27, 2020 | Tax Tips and News
IRS Tax News – Practitioner Priority Service, other IRS help lines suspended due to coronavirus
The IRS announced that, because of staff shortages, it was closing the Practitioner Priority Service, a special phone line for tax practitioners, as well as the...
by Upstate Tax Professionals | Mar 26, 2020 | Tax Tips and News
IRS Tax News – AICPA requests broader relief for taxpayers
In a letter to Treasury and the IRS the AICPA requested that recent filing and payment relief related to the COVID-19 pandemic be expanded because the current relief does not cover all tax filings...
by Upstate Tax Professionals | Mar 26, 2020 | Tax Tips and News
Tax Policy – India Pushes Digital Taxes in a Difficult Time
Even during the coronavirus outbreak, efforts to change the way digital business models are taxed continue. The OECD announced on March 17 that efforts connected to their team’s work on digital...
by Upstate Tax Professionals | Mar 26, 2020 | Tax Tips and News
IRS Tax News – IRS announces more operational changes related to coronavirus
The IRS announced that, under its People First Initiative, it was taking various actions to alter its activities beyond the tax filing and payment delay announced last week.
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Upstate Tax Professionals