by taxPRO Websites Staff | Apr 10, 2020 | Tax Tips and News
Tax Policy – Tennessee Governor Signs Marketplace Facilitator Bill as Louisiana Considers the Same
In the midst of coronavirus responses and accompanying hits to state revenue, some states that had previously held out are looking to expanded online sales...
by taxPRO Websites Staff | Apr 10, 2020 | Tax Tips and News
Tax Policy – Kentucky Legislature Passes Flawed Excise Tax on Vapor Products
Early this month, state legislators in Kentucky passed a revenue package (HB351) which includes an excise tax increase on vapor products. The bill divides vapor products into two...
by taxPRO Websites Staff | Apr 9, 2020 | Tax Tips and News
Collins, recently named the new National Taxpayer Advocate, has started her new position ahead of time in order to provide the Taxpayer Advocate Service (TAS) with complete leadership during this unsettled time.… Read more (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
by taxPRO Websites Staff | Apr 9, 2020 | Tax Tips and News
IRS Tax News – IRS grants broad coronavirus-related tax relief
The IRS granted relief for a broad array of tax filing and payment deadlines that fall between April 1 and July 15, expanding on previous relief, as requested by the AICPA.
Source: IRS...
by taxPRO Websites Staff | Apr 9, 2020 | Tax Tips and News
Tax Policy – Trade-offs of Delaying Tax Filing and Instituting a Payroll Tax Holiday on Businesses and Individuals
Some policymakers are proposing a payroll tax holiday for businesses and individuals for 2020 and a complete delay in filing deadlines for...
by taxPRO Websites Staff | Apr 9, 2020 | Tax Tips and News
Tax Policy – Evaluating the Trade-offs of Small Business Relief Provisions of the CARES Act
The CARES Act provides several relief options for employers trying to maintain payroll and liquidity during the coronavirus pandemic. For example, the CARES Act...
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