Tax Blog
Tips to help you prepare for tax season
The White House Budget Highlights the Need to Extend Pro-Growth TCJA Business Tax Provisions
Tax Policy - The White House Budget Highlights the Need to Extend Pro-Growth TCJA Business Tax Provisions Monday, the Office of Management and Budget (OMB) released the White House’s fiscal year 2021 budget proposal, kicking off the first step of the budget...
IRS proposes rules to update income tax withholding, revises Form W-4
IRS Tax News - IRS proposes rules to update income tax withholding, revises Form W-4 The IRS proposed new regulations for withholding on individuals’ wages to reflect the statutory changes in the law known as the Tax Cuts and Jobs Act, including the elimination...
Which States Rely the Most on Federal Aid?
Tax Policy - Which States Rely the Most on Federal Aid? State-levied taxes make up the vast majority of each state’s general fund budget, and thus are the most obvious source of state revenue. But state governments also receive a notable amount of assistance...
Bracing for Impact
Tax Policy - Bracing for Impact Thursday, the OECD is expected to present preliminary results on the impacts of both Pillar 1 and Pillar 2 approaches to changing international tax rules. The results will be preliminary mainly because the actual policy parameters...
Analysis of Democratic Presidential Candidate Payroll Tax Proposals
Tax Policy - Analysis of Democratic Presidential Candidate Payroll Tax Proposals Key Findings 2020 Democratic presidential candidates have proposed various changes to federal payroll tax rates and the Social Security payroll tax wage base to raise revenue and...
More Qualify for Earthquake-Related Tax Relief in Puerto Rico
The Internal Revenue Service recently announced that tax relief has once again been expanded for earthquake victims in Puerto Rico.… Read more (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

