by Upstate Tax Professionals | May 5, 2020 | Tax Tips and News
The Internal Revenue Service today issued a “plus $500” last call for Supplemental Security Income and Veterans Affairs beneficiaries who can claim dependents as part of their Economic Impact Payment.… Read more (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
by Upstate Tax Professionals | May 5, 2020 | Tax Tips and News
Tax Policy – Chaos to the Left of Me. Chaos to the Right of me.
Yesterday, Pascal Saint-Amans, the Director of the Centre for Tax Policy and Administration at the OECD, announced that the negotiation timeline for new digital taxation proposals has been...
by Upstate Tax Professionals | May 5, 2020 | Tax Tips and News
Tax Policy – Treasury Audit Highlights the Need for Clearer Eligibility Guidelines for the EITC
Despite better record keeping, the federal government continues to incorrectly send out billions of dollars in tax relief, a sign of complexity in the tax code....
by Upstate Tax Professionals | May 1, 2020 | Tax Tips and News
IRS Tax News – AICPA challenging nondeductibility of PPP-related expenses
The IRS issued guidance clarifying that a deduction is disallowed for expenses for payroll costs, mortgage interest, rent, utilities, and other interest on debt obligations to the...
Upstate Tax Professionals