by Upstate Tax Professionals | Apr 24, 2020 | Tax Tips and News
The CARES Act removes an ACA limitation on using FSA, HSA, and HRA funds to pay for over-the-counter medication.… Read more (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
by Upstate Tax Professionals | Apr 24, 2020 | Tax Tips and News
The U.S. Treasury Department and the Internal Revenue Service say they’ve delivered 88 million stimulus payments to taxpayers during the first three weeks of the program.… Read more (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
by Upstate Tax Professionals | Apr 24, 2020 | Tax Tips and News
Tax Policy – April 24th 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 | Apr 24, 2020 | Tax Tips and News
Tax Policy – Historic Oil Price Burns Hole in State Budgets
On April 20, the price for U.S. West Texas Intermediate (WTI) crude oil for May contracts was trading at a historically low -$37 per barrel (WTI serves as a reference price for crude oil). To...
by Upstate Tax Professionals | Apr 24, 2020 | Tax Tips and News
Tax Policy – Louisiana Can Look to Tax Reform for Aid in a Post-Coronavirus Recovery
As states look for a path out of these fiscally troubling times, Louisiana has several options for aspects of its tax code to promote economic recovery and growth. The...