IRS Tax News - Gift and GST returns added to postponed tax and filing deadlines The IRS postponed the payment and return filing requirements for gift and generation-skipping transfer taxes due April 15 to July 15, matching prior postponements granted to federal...

IRS Tax News - Coronavirus paid sick leave and family leave guidance issued The IRS issues rules to implement paid sick and child care leave credits enacted in response to the pandemic. Source: IRS Tax News - Coronavirus paid sick leave and family leave...

Tax Policy - March 27th Afternoon State Tax Update On March 19 we launched a tracker providing a repository of information related to state fiscal policy responses to COVID-19. We are updating the tracker frequently and will be using the Tax Foundation blog to...

Tax Policy - Spain’s COVID-19 Economic Response Countries around the world are implementing emergency tax measures to support their economies under the coronavirus (COVID-19) threat. On March 12, the Spanish Prime Minister announced a €200 billion ($231 billon)...

Tax Policy - Evaluating the Trade-offs of Unemployment Compensation Changes in the CARES Act Millions of American workers have been laid off due to the economic downturn associated with the spread of the coronavirus. Complying with both the Trump Administration...