Tax Blog
Tips to help you prepare for tax season
Treasury Secretary Mnuchin Announces New Filing Deadline
Treasury Secretary Steven Mnuchin announced on Twitter that taxpayers now have an additional 90 days to file their tax returns.… Read more (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
Final regulations address covered assets acquisition rules
IRS Tax News - Final regulations address covered assets acquisition rules The IRS issued final regulations that govern covered asset acquisitions, which are used to increase foreign tax credits. Source: IRS Tax News - Final regulations address covered...
Are States Prepared for Skyrocketing Unemployment Insurance Claims?
Tax Policy - Are States Prepared for Skyrocketing Unemployment Insurance Claims? Unemployment claims are going to tax state unemployment compensation trust funds beyond their limits. We need to start thinking about what to do about it. The joint federal-state...
Tax filing deadline moving to July 15, Treasury secretary announces
IRS Tax News - Tax filing deadline moving to July 15, Treasury secretary announces Treasury Secretary Steven Mnuchin announced that taxpayers will have until July 15 to file their tax returns, a change from the guidance announced by the IRS earlier. ...
Senate Republicans Release Economic Relief Plan for Individuals and Businesses
Tax Policy - Senate Republicans Release Economic Relief Plan for Individuals and Businesses Thursday evening, Senate Republicans released the Coronavirus Aid, Relief and Economic Security (CARES) Act. This bill is intended to be a third round of federal...
States Should Follow Federal Lead in Postponing Tax Day
Tax Policy - States Should Follow Federal Lead in Postponing Tax Day This morning, the federal government moved tax day from April 15 to July 15 in response to the coronavirus pandemic, granting more time for both filing and payment. But for many taxpayers, it...
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