Tax Blog
Tips to help you prepare for tax season
IRS Processing CAF Requests, Reducing Backlog
The Internal Revenue Service last Thursday announced that it is beginning to process Centralized Authorization File requests, like Forms 2848 and 8821.… Read more about IRS Processing CAF Requests, Reducing Backlog (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
Iowa Decouples from 163(j) and GILTI, Clarifies Non-Taxation of PPP Loans
Tax Policy - Iowa Decouples from 163(j) and GILTI, Clarifies Non-Taxation of PPP Loans Iowa’s HF 2614, which passed both chambers of the legislature and now waits for the governor’s signature, makes several changes to the state’s tax code, which, although they...
IRS will not postpone July 15 deadline
IRS Tax News - IRS will not postpone July 15 deadline The IRS announced that it will not further postpone federal tax filing and payment deadlines beyond July 15. Source: IRS Tax News - IRS will not postpone July 15 deadline
Estimated Impact of Improved Cost Recovery Treatment by State
Tax Policy - Estimated Impact of Improved Cost Recovery Treatment by State Removing the tax code’s bias against long-term investment by implementing a neutral cost recovery system (NCRS) for structures and full expensing for other assets is estimated to increase...
ETAAC Calls for Fully Funding IRS
A new report to Congress from one of the Internal Revenue Service’s advisory panels is calling for the government to do something unusual: Fully fund the IRS budget request.… Read more about ETAAC Calls for Fully Funding IRS (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
Montana Voters Will Decide on Recreational Marijuana
Tax Policy - Montana Voters Will Decide on Recreational Marijuana Several states may legalize recreational marijuana in the coming years as the coronavirus pandemic has left many state budgets in disarray and policymakers looking for new revenue sources....
About Us
Upstate Tax ProfessionalsFile Online Today
