by Upstate Tax Professionals | Jun 12, 2020 | Tax Tips and News
Tax Policy – Inefficiencies Created by the Tax System’s Dependence on Economic Depreciation
One idea that would help the nation’s economic recovery during the coronavirus crisis would be moving to full expensing of capital investment. The depreciation...
by Upstate Tax Professionals | Jun 12, 2020 | Tax Tips and News
If any of your clients are one of the 4 million filers set to receive their Economic Impact Payment as a Visa prepaid debit card, they may be interested in one of the latest Internal Revenue Service press releases.… Read more (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
by Upstate Tax Professionals | Jun 11, 2020 | Tax Tips and News
Tax Policy – Colorado Tobacco Tax Bill Includes Positive Change
Thursday, Colorado Representatives Yadira Caraveo (D) and Julie McCluskie (D) as well as Senators Rhonda Fields (D) and Dominick Moreno (D) introduced HB1427 which, if approved by voters in...
by Upstate Tax Professionals | Jun 11, 2020 | Tax Tips and News
IRS Tax News – Leave-based donation program available during pandemic
The IRS announced that employers may make donations this year to charitable organizations that provide relief to COVID-19 pandemic victims in exchange for personal leave that their...
by Upstate Tax Professionals | Jun 11, 2020 | Tax Tips and News
Tax Policy – New Jersey Considers Bonds Paid for by Statewide Property Tax
As New Jersey lawmakers grapple with reduced revenues due to the coronavirus pandemic and the related economic downturn, they have turned to an unusual solution: the issuance of...
Upstate Tax Professionals