by taxPRO Websites Staff | Mar 27, 2020 | Tax Tips and News
Tax Policy – Sports Betting During a Pandemic
Opening Day for baseball was scheduled for March 26, an annual sports holiday celebrated across the country as it represents a clean slate for millions of fans. This time, March 26 came and went with no opening...
by taxPRO Websites Staff | Mar 27, 2020 | Tax Tips and News
Tax Policy – Spain’s COVID-19 Economic Response
Countries around the world are implementing emergency tax measures to support their economies under the coronavirus (COVID-19) threat. On March 12, the Spanish Prime Minister announced a €200 billion ($231...
by taxPRO Websites Staff | Mar 27, 2020 | Tax Tips and News
Tax Policy – Evaluating the Trade-offs of Unemployment Compensation Changes in the CARES Act
Millions of American workers have been laid off due to the economic downturn associated with the spread of the coronavirus. Complying with both the Trump...
by taxPRO Websites Staff | Mar 27, 2020 | Tax Tips and News
IRS Tax News – Practitioner Priority Service, other IRS help lines suspended due to coronavirus
The IRS announced that, because of staff shortages, it was closing the Practitioner Priority Service, a special phone line for tax practitioners, as well as the...
by taxPRO Websites Staff | Mar 26, 2020 | Tax Tips and News
IRS Tax News – AICPA requests broader relief for taxpayers
In a letter to Treasury and the IRS the AICPA requested that recent filing and payment relief related to the COVID-19 pandemic be expanded because the current relief does not cover all tax filings...
by taxPRO Websites Staff | Mar 26, 2020 | Tax Tips and News
Tax Policy – India Pushes Digital Taxes in a Difficult Time
Even during the coronavirus outbreak, efforts to change the way digital business models are taxed continue. The OECD announced on March 17 that efforts connected to their team’s work on digital...
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