by taxPRO Websites Staff | May 27, 2020 | Tax Tips and News
IRS Tax News – Final regs. address reporting by tax-exempt organizations
The IRS finalized regulations permitting tax-exempt organizations other than Sec. 501(c)(3) orgs. to omit the names of substantial donors when filing Forms 990, Return of Organization...
by taxPRO Websites Staff | May 27, 2020 | Tax Tips and News
Tax Policy – To What Extent Does Your State Rely on Property Taxes?
Property taxes represent a major source of revenue for states and the largest source of tax revenue for localities. In fiscal year 2017, the most recent data available, property taxes were...
by taxPRO Websites Staff | May 26, 2020 | Tax Tips and News
IRS Tax News – Premium tax credit unaffected by personal exemption decrease to zero
The IRS issued long-promised proposed regulations explaining how taxpayers who may qualify for the Sec 36B premium tax credit are affected by the temporary reduction of the...
by taxPRO Websites Staff | May 26, 2020 | Tax Tips and News
Tax Policy – Lessons from Alberto Alesina for U.S. Lawmakers
The economics world suffered a big loss over the weekend with the untimely passing of Alberto F. Alesina, the Nathaniel Ropes professor of political economy at Harvard. Alesina’s specialty was...
by taxPRO Websites Staff | May 26, 2020 | Tax Tips and News
Tax Policy – Net Operating Loss Carrybacks Are a Vital Source of Tax Relief for Struggling Firms in the Coronavirus Crisis
As policymakers explore options for Phase 4 relief for businesses and individuals, it is important to understand why and how the...
by taxPRO Websites Staff | May 26, 2020 | Tax Tips and News
Tax Policy – Digital Services Taxes: Do They Comply with International Tax, Trade, and EU Law?
This analysis was prepared by a select group of JD candidates at the Institute of International Economic Law (IIEL) at Georgetown University in conjunction with...
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