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Lower Oil Prices Affecting State Budgets

by Upstate Tax Professionals | May 7, 2020 | Tax Tips and News

The Tax Foundation found that states relying on oil-related taxes could have state revenue shortfalls.… Read more (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

Gov. Hogan Vetoes Maryland Digital Advertising Tax Legislation

by Upstate Tax Professionals | May 7, 2020 | Tax Tips and News

Tax Policy – Gov. Hogan Vetoes Maryland Digital Advertising Tax Legislation This afternoon, Gov. Larry Hogan (R) vetoed a proposed first-in-the-nation digital advertising tax that would have imposed rates of up to 10 percent on digital advertising served...

AICPA proposes broad range of tax relief to aid economic recovery

by Upstate Tax Professionals | May 7, 2020 | Tax Tips and News

IRS Tax News – AICPA proposes broad range of tax relief to aid economic recovery The AICPA has made a broad range of legislative recommendations to encourage economic recovery in the wake of the COVID-19 pandemic. Source: IRS Tax News – AICPA...

Watch: Coronavirus: A Path to Economic Recovery

by Upstate Tax Professionals | May 7, 2020 | Tax Tips and News

Tax Policy – Watch: Coronavirus: A Path to Economic Recovery So far, the federal government has focused on short-term policies to stem the spread of COVID-19 and provide immediate relief, but soon they will need to address what may prove to be an even more...

Top Individual Income Tax Rates in Europe

by Upstate Tax Professionals | May 7, 2020 | Tax Tips and News

Tax Policy – Top Individual Income Tax Rates in Europe Most countries’ individual income taxes have a progressive structure, meaning that the tax rate paid by individuals increases as they earn higher wages. The highest tax rate individuals pay differs...
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