by taxPRO Websites Staff | Jun 4, 2020 | Tax Tips and News
This audit looked specifically at whether the IRS is effectively addressing high-income nonfilers and if the agency’s new nonfiler strategy includes wealthy nonfilers.… Read more (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
by taxPRO Websites Staff | Jun 3, 2020 | Tax Tips and News
IRS Tax News – IRS permits remote signatures for plan loan consents
In another response to the COVID-19 pandemic, the IRS is allowing retirement plan participants who want to take coronavirus-related distributions from their retirement plans to provide...
by taxPRO Websites Staff | Jun 3, 2020 | Tax Tips and News
Tax Policy – EU Member States Pushing EU-wide Vapor Tax
In late May, EURACTIV (a media company focusing on EU policy and politics) reported that member states would ask the European Commission (EC) to include novel nicotine products such as heated tobacco...
by taxPRO Websites Staff | Jun 3, 2020 | Tax Tips and News
Tax Policy – Watch: Taxing the Digital Economy
The digitalization of the economy has led more companies to adopt virtual operations, disrupting traditional means of consumption and income taxation. This has led to a heated debate on how best to tax the...
by taxPRO Websites Staff | Jun 3, 2020 | Tax Tips and News
Tax Policy – How High are Vapor Taxes in Your State?
Vapor products have been growing in popularity since they entered the market in 2007, and taxation on such items has been following suit. Many states may also be looking toward vapor and other excise...
by taxPRO Websites Staff | Jun 3, 2020 | Tax Tips and News
The Internal Revenue Service and the Treasury Department have issued proposed regulations to help businesses navigate new carbon capture credits.… Read more (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
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