by taxPRO Websites Staff | Mar 13, 2020 | Tax Tips and News
Victims of the recent tornadoes that swept through Tennessee have gotten some tax relief from the Internal Revenue Service.… Read more (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
by taxPRO Websites Staff | Mar 13, 2020 | Tax Tips and News
The House Ways and Means Committee yesterday sent a letter to the Internal Revenue Service to ask whether the April 15 deadline should be extended due to concerns about the coronavirus.… Read more (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
by taxPRO Websites Staff | Mar 13, 2020 | Tax Tips and News
Tax Policy – Georgia House Passes Flat Income Tax Legislation
Tuesday, the Georgia House of Representatives passed HB 949, a bill to consolidate the state’s six individual income tax brackets into one, reduce the top rate from 5.75 percent to a new 5.375...
by taxPRO Websites Staff | Mar 13, 2020 | Tax Tips and News
Tax Policy – Michigan Voters Could Allow Governor to Oversee a .5 Billion Tax Increase by Executive Fiat
A Michigan group, Michiganders for the Commonwealth, is coordinating a petition drive to put a constitutional amendment raising taxes overall while...
by taxPRO Websites Staff | Mar 12, 2020 | Tax Tips and News
IRS Tax News – Final regs. raise offer-in-compromise user fee
The IRS issued final regulations raising the offer-in-compromise user fee from $186 to $205, a 10% increase instead of the increase to $300 included in proposed regulations.
Source: IRS...
by taxPRO Websites Staff | Mar 12, 2020 | Tax Tips and News
Tax Policy – Reliance on Consumption Taxes in Europe
Today’s map highlights the extent to which European countries rely on consumption tax revenue. Consumption taxes are taxes on goods and services. All European countries levy consumption taxes in the form...
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