by Upstate Tax Professionals | Jun 23, 2020 | Tax Tips and News
Tax Policy – Economic Analysis of Financing Options for Infrastructure Spending Proposals
As the economic recovery is debated amid the coronavirus pandemic, there have been growing calls to include additional public investment in infrastructure such as...
by Upstate Tax Professionals | Jun 23, 2020 | Tax Tips and News
Tax Policy – Why Neutral Cost Recovery Is Good for Workers
The COVID-19 pandemic has damaged the American economy, as unemployment has skyrocketed. Despite job growth in May, the unemployment rate still sits at more than 13 percent, its highest point since...
by Upstate Tax Professionals | Jun 23, 2020 | Tax Tips and News
Tax Policy – When Marriage Doesn’t Pay: Analysis and Options for Addressing Marriage and Second-Earner Penalties
Key Findings In nearly two of every three households in America with dependents, more than one person works to make ends meet. In many cases,...
by Upstate Tax Professionals | Jun 22, 2020 | Tax Tips and News
Tax Policy – Global Tax Relief Efforts Vary in Scope and Time Frame in Response to COVID-19
Countries around the world have implemented and continue to implement emergency tax measures to support their economies during the coronavirus (COVID-19) crisis....
by Upstate Tax Professionals | Jun 22, 2020 | Tax Tips and News
IRS Tax News – Proposed regs. explain disallowed transportation fringe benefits
The IRS issued proposed regulations implementing changes to Sec. 274 that disallow a deduction for the expense of any Sec. 132(f) qualified transportation fringe provided to an...