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...
by taxPRO Websites Staff | Apr 13, 2020 | Tax Tips and News
IRS Tax News – Business interest expense election guidance for farming, real estate
Real property or farming trades or businesses can withdraw their decision to elect out of Sec. 163(j)’s business interest expense limitation for a 2018, 2019, or 2020 tax...
by taxPRO Websites Staff | Apr 11, 2020 | Tax Tips and News
The IRS unveiled a new online tool to help non-filers register to receive an Economic Impact Payment (EIP): the “Non-Filers: Enter Payment Info Here” feature on IRS.gov.… Read more (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
by taxPRO Websites Staff | Apr 10, 2020 | Tax Tips and News
The Internal Revenue Service has temporarily stopped processing paper tax returns, urging taxpayers to e-file instead.… Read more (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
by taxPRO Websites Staff | Apr 10, 2020 | Tax Tips and News
IRS Tax News – IRS launches tool for nonfilers to receive stimulus payments
The IRS has launched an online portal for taxpayers who are eligible to receive an economic impact payment but who are not normally required to file an income tax return because...
by taxPRO Websites Staff | Apr 10, 2020 | Tax Tips and News
Tax Policy – April 10th Afternoon State Tax Update
On March 19 we launched a tracker providing a repository of information related to state fiscal policy responses to COVID-19. We are updating the tracker frequently and will be using the Tax Foundation...
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