Tax Blog
Tips to help you prepare for tax season
Partnership form being redesigned for 2021
IRS Tax News - Partnership form being redesigned for 2021 The IRS proposes modifying the partnership form (Form 1065) to help standardize the format of international tax items. Source: IRS Tax News - Partnership form being redesigned for 2021
Hungarian COVID-19 Response: Surtax for Banks and Retail
Tax Policy - Hungarian COVID-19 Response: Surtax for Banks and Retail In response to COVID-19, Hungary has implemented tax relief measures as well as additional tax in some sectors in order to make up revenues. Some tax relief measures have been targeted at...
Marginal Tax Rates for Pass-through Businesses by State
Tax Policy - Marginal Tax Rates for Pass-through Businesses by State Pass-through businesses, such as sole proprietorships, S corporations, and partnerships, make up a majority of businesses in the United States. The owners of these firms pay individual income...
Tax Pros and Clients Face Final Tax Deadline
With the deadline pushed back to give practitioners and their taxpayers an extra three months to file and pay any tax due, one might think that everyone would have their returns filed by now. But some experts say they expect July 15 to be more like April 15 — only later.… Read more about Tax Pros and Clients Face Final Tax Deadline (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
State Forecasts Indicate $121 Billion 2-Year Tax Revenue Losses Compared to FY 2019
Tax Policy - State Forecasts Indicate 1 Billion 2-Year Tax Revenue Losses Compared to FY 2019 Key Findings Extrapolating from recently revised state revenue forecasts yields an estimated nationwide $121 billion decline in state tax collections across FYs 2020...
What Can Connecticut Learn from its Neighbors About Property Tax Limitations?
Tax Policy - What Can Connecticut Learn from its Neighbors About Property Tax Limitations? Key Findings Connecticut’s property tax burdens are rising rapidly, with the state’s effective property tax rates on owner-occupied housing now among the highest in the...




