by Upstate Tax Professionals | Jul 9, 2020 | Tax Tips and News
Tax Policy – Phase 4 Is not the Time to Experiment with Temporary Credits
Members of Congress are on a two-week recess before returning to consider a possible “phase 4” package to boost the economy and help individuals and businesses suffering from the...
by Upstate Tax Professionals | Jul 9, 2020 | Tax Tips and News
IRS Tax News – FDII and GILTI regulations finalized
The IRS issued final regs. on the foreign-derived intangible income deduction and the global intangible low-taxed income provisions enacted by the TCJA.
Source: IRS Tax News – FDII and GILTI...
by Upstate Tax Professionals | Jul 9, 2020 | Tax Tips and News
Tax Policy – How Stable is Cigarette Tax Revenue?
.axis line, .axis path { stroke: #cccccc; } .axis text { fill: #555555; font-family: ‘Lato’, sans-serif; font-size: 12px; } #inflation-toggle { border-left: 1px solid #cccccc; margin-left:...
by Upstate Tax Professionals | Jul 9, 2020 | Tax Tips and News
IRS Tax News – How to report coronavirus paid sick leave and family leave to employees
The IRS issued guidance on how employers should report qualified sick and family leave paid to employees under the Families First Coronavirus Response Act.
Source:...
by Upstate Tax Professionals | Jul 9, 2020 | Tax Tips and News
Tax Policy – National Taxpayer Advocate’s Report Is a Road Map to Simpler Pandemic Relief Provisions
Last week, National Taxpayer Advocate Erin M. Collins released her first report to Congress on the challenges taxpayers have faced related to the...
Upstate Tax Professionals