by taxPRO Websites Staff | Mar 23, 2020 | Tax Tips and News
The Treasury Department, along with the IRS and the U.S. Department of Labor, have unveiled a package of tax credits for small and midsize employers can use to “immediately and fully” reimburse them, dollar-for-dollar, for the cost of providing Coronavirus-related leave to employees.… Read more (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
by taxPRO Websites Staff | Mar 23, 2020 | Tax Tips and News
IRS Tax News – Practitioners seek further clarity on tax filing, payment delay
Practitioners welcomed the IRS’s deferral of income tax returns and payments due April 15 for another 90 days but have many questions about related issues.
Source: IRS Tax...
by taxPRO Websites Staff | Mar 23, 2020 | Tax Tips and News
Tax Policy – New York’s Road to Legalized Marijuana
New York Governor Andrew Cuomo (D) has become an avid supporter of legalized recreational marijuana and has vowed to legalize it this year. This is the second year in a row Gov. Cuomo has included...
by taxPRO Websites Staff | Mar 23, 2020 | Tax Tips and News
Tax Policy – Overview of Previous Tax Rebates During Economic Downturns
Lawmakers are currently debating the size and structure of “recovery rebates” for individual taxpayers as part of a package addressing the current health and economic crisis. The exact...
by taxPRO Websites Staff | Mar 21, 2020 | Tax Tips and News
IRS Tax News – IRS provides guidance for April 15 filing delay
The IRS announced the postponement of the April 15 federal income tax filing deadline until July 15. Friday’s notice expands on earlier guidance that had only postponed tax payments but not the...
by taxPRO Websites Staff | Mar 21, 2020 | Tax Tips and News
Taxing Subjects has begun a list of state individual income tax return deadlines affected by the COVID-19 outbreak. We will update this list as we receive new information.… Read more (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…