Tax Blog
Tips to help you prepare for tax season
For Italian Banks: Converting Future Deductions to Present Tax Credits
Tax Policy - For Italian Banks: Converting Future Deductions to Present Tax Credits During the coronavirus outbreak, Italy has been hit especially hard. Policymakers have introduced numerous measures to stem the spread of the virus and provide relief to...
Cross-Border Corporate Effective Average Tax Rates in Europe
Tax Policy - Cross-Border Corporate Effective Average Tax Rates in Europe In today’s globalized economy, many businesses make foreign investments in countries around the world. Taxes—among many other factors—play a role in business decisions on whether and where...
AICPA expresses strong concern over lack of filing relief in coronavirus tax notice
IRS Tax News - AICPA expresses strong concern over lack of filing relief in coronavirus tax notice The IRS delayed any tax payments due April 15 to July 15 without interest or penalties accruing. The relief does not extend any tax return filing deadlines or...
Tax Policy to Bridge the Coronavirus-Induced Economic Slowdown
Tax Policy - Tax Policy to Bridge the Coronavirus-Induced Economic Slowdown The coronavirus-related lockdowns and quarantines are causing a major but temporary pause in economic activity. Many jobs and paychecks have been suspended. Congress and the Trump...
Tax Policy and Economic Downturns
Tax Policy - Tax Policy and Economic Downturns The current coronavirus outbreak has policymakers around the world advancing policies to counteract the economic effects of the crisis. Those economic effects are likely to be severe, and policymakers should...
How Much Does Your State Collect in Sales Taxes per Capita?
Tax Policy - How Much Does Your State Collect in Sales Taxes per Capita? This week’s map looks at state and local sales tax collections per capita. Forty-five states and the District of Columbia have state-levied sales taxes. Five states—Alaska, Delaware,...

