IRS Adding More Operators for EIP Calls
The Internal Revenue Service says it is in the process of hiring 3,500 additional telephone representatives so that taxpayers can get answers to their questions about Economic Impact Payments.… Read more (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
HSA contribution limits increase for 2021
IRS Tax News – HSA contribution limits increase for 2021 The IRS issued its annual inflation-adjusted contribution limits for contributions to health savings accounts permitted to participants in high-deductible health plans. Most of the amounts increased...Tax Changes in California Governor’s Budget Could Stand in the Way of Economic Recovery
Tax Policy – Tax Changes in California Governor’s Budget Could Stand in the Way of Economic Recovery In California, where state officials are projecting a stunning $54 billion deficit, Gov. Gavin Newsom (D)’s budget proposes a range of new revenue options,...To What Extent Does Your State Rely on Sales Taxes?
Tax Policy – To What Extent Does Your State Rely on Sales Taxes? This week’s map continues our look at state revenue sources, this time focusing on revenue collected through the general sales tax. Sales taxes are the second largest source of state and...IRS Sends EIP Information Packets to Partner Organizations
The IRS wants help spreading the word about Economic Impact Payments.… Read more (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
Upstate Tax Professionals