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IRS permits remote signatures for plan loan consents

by taxPRO Websites Staff | Jun 3, 2020 | Tax Tips and News

IRS Tax News – IRS permits remote signatures for plan loan consents In another response to the COVID-19 pandemic, the IRS is allowing retirement plan participants who want to take coronavirus-related distributions from their retirement plans to provide...

EU Member States Pushing EU-wide Vapor Tax

by taxPRO Websites Staff | Jun 3, 2020 | Tax Tips and News

Tax Policy – EU Member States Pushing EU-wide Vapor Tax In late May, EURACTIV (a media company focusing on EU policy and politics) reported that member states would ask the European Commission (EC) to include novel nicotine products such as heated tobacco...

Watch: Taxing the Digital Economy

by taxPRO Websites Staff | Jun 3, 2020 | Tax Tips and News

Tax Policy – Watch: Taxing the Digital Economy The digitalization of the economy has led more companies to adopt virtual operations, disrupting traditional means of consumption and income taxation. This has led to a heated debate on how best to tax the...

How High are Vapor Taxes in Your State?

by taxPRO Websites Staff | Jun 3, 2020 | Tax Tips and News

Tax Policy – How High are Vapor Taxes in Your State? Vapor products have been growing in popularity since they entered the market in 2007, and taxation on such items has been following suit. Many states may also be looking toward vapor and other excise...

IRS Unveils Proposed Regulations for Carbon Capture Credits

by taxPRO Websites Staff | Jun 3, 2020 | Tax Tips and News

The Internal Revenue Service and the Treasury Department have issued proposed regulations to help businesses navigate new carbon capture credits.… Read more (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

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