by taxPRO Websites Staff | Apr 14, 2020 | Tax Tips and News
Tax Policy – A Review of Net Operating Loss Tax Provisions in the CARES Act and Next Steps for Phase 4 Relief
In addition to providing economic relief to individuals and loans to businesses struggling during the coronavirus crisis, the Coronavirus Aid,...
by taxPRO Websites Staff | Apr 14, 2020 | Tax Tips and News
Tax Policy – New OECD Study: Consumption Tax Revenues during Economic Downturns
The current economic shutdown—potentially followed by an economic downturn—affects government budgets not only through increased spending but also through a decline in tax...
by taxPRO Websites Staff | Apr 14, 2020 | Tax Tips and News
Tax Policy – The Child Tax Credit: Primer
Key Findings The Child Tax Credit (CTC) is a partially-refundable tax credit available to parents with qualifying dependents under the age of 17. Like other tax credits, the CTC reduces tax liability...
by taxPRO Websites Staff | Apr 13, 2020 | Tax Tips and News
The Internal Revenue Service says it is extending additional tax deadlines for individuals and businesses.… Read more (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
by taxPRO Websites Staff | Apr 13, 2020 | Tax Tips and News
Tax Policy – Will States Tax the Federal Government’s COVID-19 Lifeline to Small Businesses?
The federal government is offering small businesses a lifeline in the form of loans that can be forgiven if they use the money for specified purposes (like...
by taxPRO Websites Staff | Apr 13, 2020 | Tax Tips and News
Tax Policy – Is Now the Time for a 0 billion Tax Increase?
The massive debts governments across the globe are incurring to give life-support to their economies are going to leave policymakers with a tough choice: Raise taxes indiscriminately to pay off...
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