by Upstate Tax Professionals | Mar 25, 2020 | Tax Tips and News
Tax Policy – Weighing the Value of Tax Credits During an Economic Crisis
Policymakers are nearing a deal on a third round of legislation to address the economic and public health crisis caused by the outbreak of COVID-19, and some have already outlined...
by Upstate Tax Professionals | Mar 25, 2020 | Tax Tips and News
IRS Tax News – CARES Act tax provisions aim to stabilize pandemic-ravaged economy
The $2 trillion stimulus bill being debated by Congress contains many tax provisions. Here’s a look at the tax items, which range from credits to temporary changes to...
by Upstate Tax Professionals | Mar 25, 2020 | Tax Tips and News
Tax Policy – State Aid Provisions of the Federal Coronavirus Response Bill
The economic relief bill that federal lawmakers have reportedly reached an agreement on includes $150 billion designated for state efforts to combat the COVID-19 pandemic. The...
by Upstate Tax Professionals | Mar 25, 2020 | Tax Tips and News
Tax Policy – Working from Home Brings Greater Exposure to State Tax Codes
There’s a good chance you’re reading this from home. Congratulations, you’re practicing social distancing! But while you’re putting six feet of distance between yourself and other...
by Upstate Tax Professionals | Mar 25, 2020 | Tax Tips and News
Tax Policy – What Happens with State Excise Tax Revenues During a Pandemic?
Understanding the impact of the COVID-19 pandemic on state revenues is one of the key tasks ahead for state governments. The upending of American life necessitated by efforts to...