Tax Blog
Tips to help you prepare for tax season
Understanding the filing relief for 'time-sensitive acts' in Notice 2020-23
IRS Tax News - Understanding the filing relief for 'time-sensitive acts' in Notice 2020-23 Practitioners must carefully review Notice 2020-23 to understand the full scope of filing relief granted by the IRS in response to hardships caused by the coronavirus...
OECD Report: Tax Revenue as Percent of GDP Below Average in Latin American and Caribbean Countries
Tax Policy - OECD Report: Tax Revenue as Percent of GDP Below Average in Latin American and Caribbean Countries The Organisation for Co-operation and Economic Development (OECD) has compiled tax revenue data for countries around the world—including 26 Latin...
Complexity of Corporate Taxes in Europe
Tax Policy - Complexity of Corporate Taxes in Europe Corporate tax codes should be designed to be easy for businesses to comply with and for governments to administer and enforce. Today’s map shows how complex—or easy—it is to remit corporate taxes across...
TIGTA Finds Lapse in High-Income Nonfiler Audits
This audit looked specifically at whether the IRS is effectively addressing high-income nonfilers and if the agency’s new nonfiler strategy includes wealthy nonfilers.… Read more (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
IRS permits remote signatures for plan loan consents
IRS Tax News - IRS permits remote signatures for plan loan consents In another response to the COVID-19 pandemic, the IRS is allowing retirement plan participants who want to take coronavirus-related distributions from their retirement plans to provide remote...
EU Member States Pushing EU-wide Vapor Tax
Tax Policy - EU Member States Pushing EU-wide Vapor Tax In late May, EURACTIV (a media company focusing on EU policy and politics) reported that member states would ask the European Commission (EC) to include novel nicotine products such as heated tobacco...
About Us
Upstate Tax ProfessionalsFile Online Today
