Tax Blog
Tips to help you prepare for tax season
State and Local Funding Totals Under the CARES Act
Tax Policy - State and Local Funding Totals Under the CARES Act State and local governments across the country split $150 billion in federal aid under a provision of the Coronavirus Aid, Relief and Economic Security (CARES) Act, passed on March 30th. The...
FAQ on Federal Coronavirus Relief Bill (CARES Act)
Tax Policy - FAQ on Federal Coronavirus Relief Bill (CARES Act) Congress’s latest coronavirus relief package, the Coronavirus Aid, Relief, and Economic Security (CARES) Act, is the largest economic relief bill in U.S. history and will allocate $2.2 trillion in...
IRS Implements New Signature Policy due to COVID-19
COVID-19 has disrupted life for Americans across the country, and as we’ve seen in recent weeks, the tax industry is not immune to change.… Read more (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
Economic Impact Payments: The Facts
Distribution of the federal government’s economic impact payments, meant to counter the economic effects of the coronavirus pandemic in the U.S., is scheduled to start in the coming weeks, according… Read more (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
Recovery rebate payments to be issued within 3 weeks
IRS Tax News - Recovery rebate payments to be issued within 3 weeks The IRS has issued guidance on these payments, which it calls “economic impact payments,” and says they generally will be direct-deposited to most qualifying taxpayers’ bank accounts in the next...
Retroactive SALT Repeal Combines Weak Stimulus with Bad Tax Policy
Tax Policy - Retroactive SALT Repeal Combines Weak Stimulus with Bad Tax Policy House Speaker Nancy Pelosi (D-CA) has suggested that a retroactive repeal of the cap on State and Local Tax (SALT) deductions should be included in any future stimulus plans....

