by Upstate Tax Professionals | Jun 18, 2020 | Tax Tips and News
Tax Policy – CARES Act Conformity Would Promote Economic Recovery in Nebraska
Some Nebraska senators have recently proposed decoupling from the Coronavirus Aid, Relief, and Economic Security (CARES) Act’s tax relief provisions in order to use that revenue...
by Upstate Tax Professionals | Jun 18, 2020 | Tax Tips and News
Tax Policy – Capital Gains Tax Rates in Europe
In many countries, investment income, such as dividends and capital gains, is taxed at a different rate than wage income. Today’s map focuses on how capital gains are taxed, showing how capital gains tax rates...
by Upstate Tax Professionals | Jun 18, 2020 | Tax Tips and News
A new report from the Treasury Inspector General for Tax Administration (TIGTA) finds that a number of tax preparers are themselves classified as non-compliant, but in many cases, the Internal Revenue Service has not acted to recoup the outstanding tax due.… Read more about TIGTA Says IRS Should Act on Preparers with Overdue Returns, Debts (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
by Upstate Tax Professionals | Jun 17, 2020 | Tax Tips and News
Tax Policy – Cautionary Notes from CBO on the Effects of Federal Investment
There has been a considerable amount of talk recently from both the White House and Congress on the potential for a major federal infrastructure bill. While there are few details...
by Upstate Tax Professionals | Jun 17, 2020 | Tax Tips and News
Tax Policy – A Blow to Pillar 1
Today it was reported that Treasury Secretary Steven Mnuchin sent a letter to the finance ministers in the United Kingdom, France, Italy, and Spain communicating concerns the U.S. government has with ongoing OECD...