by taxPRO Websites Staff | Jun 19, 2020 | Tax Tips and News
Tax professionals planning to use the IRS Modernized e-File (MeF) system this weekend to file a stack of returns for their clients may have to send them to the Internal Revenue Service at a different time. The… Read more about IRS Says Modernized e-File Unavailable During Extended Maintenance (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
by taxPRO Websites Staff | Jun 18, 2020 | Tax Tips and News
Tax Policy – Full Expensing is Good for the Short Run and the Long Run
Full expensing for capital investment is being considered in the upcoming fourth round of coronavirus relief legislation. Though we tend to talk about full expensing as a long-run...
by taxPRO Websites Staff | Jun 18, 2020 | Tax Tips and News
Tax Policy – Michigan Vapor Tax Bill Gets It Half-Right
In line with the nationwide trend of taxing vapor products, the Michigan Senate has passed a new 18 percent tax on vapor products. These taxes are often intended to achieve a two-fold goal: deterring...
by taxPRO Websites Staff | 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 taxPRO Websites Staff | 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...
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