Tax Blog
Tips to help you prepare for tax season
IRS Issues Guidance on Renewable Energy Projects, Retirement Withholding
The Internal Revenue Service has issued rules and guidance covering two disparate tax areas: renewable energy and retirement payments.… Read more (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
Watch: Economic Recovery After Coronavirus
Tax Policy - Watch: Economic Recovery After Coronavirus So far, the federal government has focused on short-term policies to stem the spread of COVID-19 and provide immediate tax relief to struggling individuals and businesses. Now, policymakers will need to...
Delayed Deadline Lets Tax Filings Lag
When the Internal Revenue Service moved the 2020 deadline for filing individual income tax returns from April 15 to July 15, it apparently also gave millions of taxpayers a green light to wait until the last minute to file their taxes.… Read more (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
California Considers Business Head Tax Plan that Seattle Repealed
Tax Policy - California Considers Business Head Tax Plan that Seattle Repealed With California’s unemployment rate approaching 25 percent, it is somewhat surprising to find policymakers contemplating a literal tax on jobs. That is, however, precisely what some...
OECD Report: Tax Revenue in African Countries
Tax Policy - OECD Report: Tax Revenue in African Countries The Organisation for Co-operation and Economic Development (OECD) has compiled tax revenue data for countries around the world—including 26 African countries, where tax revenue as a percent of GDP is on...
E-filing of Form 1040-X coming this summer
IRS Tax News - E-filing of Form 1040-X coming this summer The IRS announced that taxpayers will be able to electronically file Forms 1040-X, Amended U.S. Individual Income Tax Return, later this summer. Source: IRS Tax News - E-filing of Form 1040-X coming...
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