by taxPRO Websites Staff | Jun 10, 2020 | Tax Tips and News
Tax Policy – Sports Betting Will Not Solve State Budget Crises
The coronavirus pandemic has left states and localities in dire straits financially and lawmakers are getting creative in their pursuit of new revenue sources. Sports betting is one such...
by taxPRO Websites Staff | Jun 10, 2020 | Tax Tips and News
Tax Policy – How High Are Taxes on Recreational Marijuana in Your State?
As the public grows more supportive of recreational marijuana, states deciding to legalize it must figure out their approach toward taxing cannabis sales. Eleven states (Alaska,...
by taxPRO Websites Staff | Jun 9, 2020 | Tax Tips and News
The American Institute of CPAs (AICPA) is encouraging small businesses to apply for Paycheck Protection Program (PPP) loans ahead of the June 30th deadline.… Read more (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
by taxPRO Websites Staff | Jun 9, 2020 | Tax Tips and News
IRS Tax News – Rules proposed for direct primary care arrangements, health care sharing ministries
The IRS issued proposed regulations defining direct primary care arrangements with doctors and health care sharing ministries and how payments for them can...
by taxPRO Websites Staff | Jun 8, 2020 | Tax Tips and News
IRS Tax News – AICPA recommends changes to e-signature requirements
In a letter to the IRS, the AICPA asked the IRS to permanently amend its electronic signature procedures to make it easier for taxpayers and practitioners to e-file all types of...
by taxPRO Websites Staff | Jun 8, 2020 | Tax Tips and News
Tax Policy – California Senate Bill Seeks Tax Credit Transparency from Large Corporations but Misses the Mark
If enacted, California Senate bill SB 972 would require the public posting of an annual list of corporate taxpayers whose gross receipts met or...
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