by taxPRO Websites Staff | Mar 20, 2020 | Tax Tips and News
Treasury Secretary Steven Mnuchin announced on Twitter that taxpayers now have an additional 90 days to file their tax returns.… Read more (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
by taxPRO Websites Staff | Mar 20, 2020 | Tax Tips and News
IRS Tax News – Final regulations address covered assets acquisition rules
The IRS issued final regulations that govern covered asset acquisitions, which are used to increase foreign tax credits.
Source: IRS Tax News – Final regulations address...
by taxPRO Websites Staff | Mar 20, 2020 | Tax Tips and News
Tax Policy – Are States Prepared for Skyrocketing Unemployment Insurance Claims?
Unemployment claims are going to tax state unemployment compensation trust funds beyond their limits. We need to start thinking about what to do about it. The joint...
by taxPRO Websites Staff | Mar 20, 2020 | Tax Tips and News
IRS Tax News – Tax filing deadline moving to July 15, Treasury secretary announces
Treasury Secretary Steven Mnuchin announced that taxpayers will have until July 15 to file their tax returns, a change from the guidance announced by the IRS earlier.
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by taxPRO Websites Staff | Mar 20, 2020 | Tax Tips and News
Tax Policy – Senate Republicans Release Economic Relief Plan for Individuals and Businesses
Thursday evening, Senate Republicans released the Coronavirus Aid, Relief and Economic Security (CARES) Act. This bill is intended to be a third round of federal...
by taxPRO Websites Staff | Mar 20, 2020 | Tax Tips and News
Tax Policy – States Should Follow Federal Lead in Postponing Tax Day
This morning, the federal government moved tax day from April 15 to July 15 in response to the coronavirus pandemic, granting more time for both filing and payment. But for many...
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