by taxPRO Websites Staff | 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 taxPRO Websites Staff | 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 taxPRO Websites Staff | 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...
by taxPRO Websites Staff | Jul 13, 2020 | Tax Tips and News
Tax Policy – Attracting Manufacturing to the U.S. Should Start with Neutral Tax Treatment, Not Subsidies
The COVID-19 pandemic has disrupted global supply chains, worsened geopolitical tensions with China, and produced a spike in unemployment. These trends...
by taxPRO Websites Staff | Jul 13, 2020 | Tax Tips and News
Tax Policy – Future of Wisconsin Vapor Tax Uncertain after Decision by State Supreme Court
Last Friday, the Wisconsin Supreme Court struck down several of Gov. Tony Evers’ (D) partial vetoes to the state’s biennial budget for fiscal years 2020 and 2021. Of...