by taxPRO Websites Staff | Mar 25, 2020 | Tax Tips and News
IRS Tax News – CARES Act tax provisions aim to stabilize pandemic-ravaged economy
The $2 trillion stimulus bill being debated by Congress contains many tax provisions. Here’s a look at the tax items, which range from credits to temporary changes to...
by taxPRO Websites Staff | Mar 25, 2020 | Tax Tips and News
Tax Policy – State Aid Provisions of the Federal Coronavirus Response Bill
The economic relief bill that federal lawmakers have reportedly reached an agreement on includes $150 billion designated for state efforts to combat the COVID-19 pandemic. The...
by taxPRO Websites Staff | Mar 25, 2020 | Tax Tips and News
Tax Policy – Working from Home Brings Greater Exposure to State Tax Codes
There’s a good chance you’re reading this from home. Congratulations, you’re practicing social distancing! But while you’re putting six feet of distance between yourself and other...
by taxPRO Websites Staff | Mar 25, 2020 | Tax Tips and News
Tax Policy – What Happens with State Excise Tax Revenues During a Pandemic?
Understanding the impact of the COVID-19 pandemic on state revenues is one of the key tasks ahead for state governments. The upending of American life necessitated by efforts to...
by taxPRO Websites Staff | Mar 24, 2020 | Tax Tips and News
IRS Tax News – IRS posts FAQs about coronavirus-related filing and payment extensions
The IRS posted 24 questions and answers to clarify the notice delaying certain tax filing and payment deadlines until July 15.
Source: IRS Tax News – IRS...
by taxPRO Websites Staff | Mar 24, 2020 | Tax Tips and News
IRS Tax News – IRS alters certain operations in effort to protect employees, taxpayers during outbreak
To protect taxpayers and its employees, the IRS is scaling back its operations during the coronavirus pandemic to focus on mission-critical activities....
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