RIC shareholders can take Sec. 199A deduction for REIT dividends
IRS Tax News – RIC shareholders can take Sec. 199A deduction for REIT dividends The IRS issued final regulations allowing regulated investment companies (RICs) to report qualified real estate investment trust (REIT) dividends as Sec. 199A dividends to...How High are Wine Taxes in Your State?
Tax Policy – How High are Wine Taxes in Your State? Whether you’re a self-appointed connoisseur or an occasional sipper of chardonnay, you may not have thought about the taxes that go into your wine purchase. But now you can quench your newly found thirst...IRS Unveils New Relief for COVID-19 Retirement Borrowers
The COVID-19 pandemic has forced millions of Americans to take extraordinary steps just to stay afloat financially. For those taxpayers who might want to take distributions against their retirement plans or even borrow against their plans, the IRS has announced new relief.… Read more about IRS Unveils New Relief for COVID-19 Retirement Borrowers (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
Upstate Tax Professionals