by Upstate Tax Professionals | Jul 15, 2020 | Tax Tips and News
Tax Policy – Hungarian COVID-19 Response: Surtax for Banks and Retail
In response to COVID-19, Hungary has implemented tax relief measures as well as additional tax in some sectors in order to make up revenues. Some tax relief measures have been targeted...
by Upstate Tax Professionals | Jul 15, 2020 | Tax Tips and News
Tax Policy – Marginal Tax Rates for Pass-through Businesses by State
Pass-through businesses, such as sole proprietorships, S corporations, and partnerships, make up a majority of businesses in the United States. The owners of these firms pay individual...
by Upstate Tax Professionals | Jul 15, 2020 | Tax Tips and News
With the deadline pushed back to give practitioners and their taxpayers an extra three months to file and pay any tax due, one might think that everyone would have their returns filed by now. But some experts say they expect July 15 to be more like April 15 — only later.… Read more about Tax Pros and Clients Face Final Tax Deadline (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
by Upstate Tax Professionals | Jul 15, 2020 | Tax Tips and News
Tax Policy – State Forecasts Indicate 1 Billion 2-Year Tax Revenue Losses Compared to FY 2019
Key Findings Extrapolating from recently revised state revenue forecasts yields an estimated nationwide $121 billion decline in state tax collections across FYs...
by Upstate Tax Professionals | Jul 15, 2020 | Tax Tips and News
Tax Policy – What Can Connecticut Learn from its Neighbors About Property Tax Limitations?
Key Findings Connecticut’s property tax burdens are rising rapidly, with the state’s effective property tax rates on owner-occupied housing now among the highest in...