by Upstate Tax Professionals | Jun 25, 2020 | Tax Tips and News
The Internal Revenue Service is giving tornado, thunderstorm and flooding victims in three states extra time to file their various tax returns and make tax payments.Severe storms raked parts of… Read more about More Tax Relief for Tornado Victims (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
by Upstate Tax Professionals | Jun 25, 2020 | Tax Tips and News
Tax Policy – GAO Report Reveals Need to Simplify Next Round of Rebates
The Government Accountability Office (GAO) recently released a report revealing that almost a half-million taxpayers missed their total rebate payment due to complications over...
by Upstate Tax Professionals | Jun 25, 2020 | Tax Tips and News
Tax Policy – Improving the Tax Treatment of Residential Buildings Will Stretch Affordable Housing Assistance Dollars Further
A recent Brookings Institution study points out that “even before the COVID-19 crisis, housing affordability and instability were...
by Upstate Tax Professionals | Jun 24, 2020 | Tax Tips and News
Tax Policy – European Countries Might Consider Scrapping the Bank Tax for Greater Financial Support
After the 2007-2008 financial crisis, countries were pressed to tax the financial sector to partly recover the fiscal assistance governments offered to...
by Upstate Tax Professionals | Jun 24, 2020 | Tax Tips and News
Tax Policy – Three Reasons Expanding Credits Aren’t the Best Pandemic Response for the Vulnerable
Tax policy wonks often advocate for increases in refundable tax credits (e.g., Child Tax Credit, CTC and Earned Income Tax Credit, EITC) and nonrefundable tax...
Upstate Tax Professionals