Friday, June 12, 2020

Google Alert - tax

Google
tax
Daily update June 12, 2020
NEWS
If the other state taxes that income as well and doesn't give a credit for the New York tax—as some states don't—the worker will likely be double taxed.
Facebook Twitter Flag as irrelevant
... transit systems, and special-purpose taxing districts $690.4 million in local sales tax allocations for June—11.7 percent less than in June 2019.
Facebook Twitter Flag as irrelevant
South Carolina will likely collect $500 million less in taxes than once expected and on Thursday the forecasts that already accounted for coronavirus ...
Facebook Twitter Flag as irrelevant
In addition, be mindful of the type of entity you choose, because it's the key to paying less in taxes. Your tax advisor will be able to best determine if you ...
Facebook Twitter Flag as irrelevant
The Tax Blotter is a roundup of recent tax news. Ken Berry, J.D. - CPA Practice Advisor Tax Correspondent. Jun 11th, 2020.
Facebook Twitter Flag as irrelevant
The tax would raise funds for working-class households affected by COVID-19, social housing and the Green New Deal. Facebook; Twitter; Comments ...
Facebook Twitter Flag as irrelevant
Study also finds tax breaks for general business investment have slightly negative effect on innovation. Peter Dizikes | MIT News Office June 12, 2020.
Facebook Twitter Flag as irrelevant
It is not an income tax, although it is easily confused with yearly income taxes that estates, trusts and individuals have to pay. Republicans call it the " ...
Facebook Twitter Flag as irrelevant
The tax rate will stay the same for property owners in July as city leaders tighten their purse strings to get through an expected lean year. COVID-19 ...
Facebook Twitter Flag as irrelevant
The emerging tax proposal comes amid intensifying jockeying among special interest groups and congressional lawmakers over the next round of ...
Facebook Twitter Flag as irrelevant
In just a matter of weeks, it's going to be state government struggling to balance the books on what it can – and can't do – as tax collections nosedive ...
Facebook Twitter Flag as irrelevant
How does a digital tax work? The idea is to shift taxation to the places where users of online services are located, rather than the usual approach of ...
Facebook Twitter Flag as irrelevant
As well as a drop in tax collection caused by the COVID-19 pandemic, the East African nation also cut the corporate and personal income tax rates in ...
Facebook Twitter Flag as irrelevant
The tax on other tobacco products and nicotine products (including vapor products) would increase to 50 percent of wholesale value in 2021, 56 percent ...
Facebook Twitter Flag as irrelevant
Study also finds tax breaks for general business investment have slightly negative effect on innovation. Here's some good news for U.S. states trying to ...
Facebook Twitter Flag as irrelevant
A retail vacancy tax passed by city voters won't go into effect next year as planned, the San Francisco Board of Supervisors decided on Tuesday.
Facebook Twitter Flag as irrelevant
The latest estimates from the Ohio Department of Taxation indicate the Richland County general fund will lose $1 million in sales tax revenue during ...
Facebook Twitter Flag as irrelevant
There will also not be a tax rate increase for the Board of Education. "We feel it is our duty to do everything in our power to keep taxes as low as we can," ...
Facebook Twitter Flag as irrelevant
BLOOMBERG TAX INTERNATIONAL FORUM In an important policy reform, Mexico has adopted mandatory disclosure requirements for tax advisers ...
Facebook Twitter Flag as irrelevant
By LYNN LOFTON. In March the Internal Revenue Service extended the deadline for filing 2019 federal income tax returns from April 15 until July 15 ...
Facebook Twitter Flag as irrelevant
Property taxes are less economically damaging than most other forms of taxation, so New Jersey lawmakers are prudent to see it as a source of revenue, ...
Facebook Twitter Flag as irrelevant
Taxpayers have also been able to defer federal income tax payments that should have been due on April 15 to the extension date without penalties or ...
Facebook Twitter Flag as irrelevant
For April, Leander received $524,679.96 in sales tax revenue, a 5.41% increase to the $497,748.08 the city received in April 2019. Leander's year-to- ...
Facebook Twitter Flag as irrelevant
While the Tax Cuts and Jobs Act of 2017 changed business entertainment expenses to 100% not deductible (boo), Congress did not actually change ...
Facebook Twitter Flag as irrelevant
The temporary tax cut was a key and unexpected element of the stimulus package thrashed out in early June by the parties in Chancellor Angela ...
Facebook Twitter Flag as irrelevant
A Cole County judge said a Jefferson City business fully comply with tax laws before it can reopen for business. During a hearing Monday, Judge Dan ...
Facebook Twitter Flag as irrelevant
"If you filed a 2019 tax return, the IRS used information from it about you, your spouse, your income, filing status and qualifying children to calculate the ...
Facebook Twitter Flag as irrelevant
Several tax experts told Spectrum News that the worker's tax bill, including state taxes, federal taxes and penalties, could surpass $8,000. Cabrera, ...
Facebook Twitter Flag as irrelevant
The Australian Taxation Office has clarified what can and can't be claimed as work expenses in the year of the coronavirus epidemic. "This tax time the ...
Facebook Twitter Flag as irrelevant
Under state law, counties and municipalities are allowed to raise their hotel/motel tax up to 8 percent, with the additional funds allocated toward tourism ...
Facebook Twitter Flag as irrelevant
Beth E. Monti, Bradford Township tax collector, noted that if residents pay taxes in other townships, due dates may be different.
Facebook Twitter Flag as irrelevant
Today I'll answer questions from readers about unemployment — including withholding for taxes — and when the IRS will start paying interest on late ...
Facebook Twitter Flag as irrelevant
When you realize a capital gain, the proceeds are considered taxable income. The amount you owe in capital gains taxes depends in part on how long ...
Facebook Twitter Flag as irrelevant
Monthly sales tax collections in Illinois continued sharp declines compared to one year earlier amid strict COVID-19 restrictions. Neighboring states with ...
Facebook Twitter Flag as irrelevant
June 2020 net sales tax payments reported by the Texas Comptroller of Public Accounts, which cover activity for the month of April, were at least 25% ...
Facebook Twitter Flag as irrelevant
Tax risk insurance providers are covering more transfer pricing matters as TP knowledge in the insurance industry improves and the rise of TP ...
Facebook Twitter Flag as irrelevant
From last year's tax rate to this year's (should the 11-cent pass and be the only addition), the city will raise over $191 million more from property ...
Facebook Twitter Flag as irrelevant
Chicago Mayor Lori Lightfoot said she couldn't keep raising property taxes "off the table" as the city faces a budget shortfall and Chicago businesses ...
Facebook Twitter Flag as irrelevant
DES MOINES — Iowa individuals and businesses would not owe state tax on federal stimulus checks or government aid resulting from the coronavirus ...
Facebook Twitter Flag as irrelevant
Following an increase in the number of protests over property value in recent years, the Tarrant Appraisal District Board of Directors is considering an ...
Facebook Twitter Flag as irrelevant
He also pled guilty to a separate count of conspiring to defraud the U.S. by evading the payment of taxes on embezzled funds and causing the UAW to ...
Facebook Twitter Flag as irrelevant
The Third District Court of Appeal clarified the "mangled" statutory scheme governing the allocation of tax increments to local taxing entities in its May 27 ...
Facebook Twitter Flag as irrelevant
The tax deferment program delays the last day to pay real estate, personal property and motor vehicle taxes by 90 days for eligible taxpayers. Therefore, ...
Facebook Twitter Flag as irrelevant
Legislation to officially extend the property tax exemption deadline written by state Senator Leroy Comrie and Assemblywoman Alicia Hyndman was ...
Facebook Twitter Flag as irrelevant
The city of Beaumont took the biggest hit locally in sales tax allocations, which are down statewide due to the shutdown of most retail and other ...
Facebook Twitter Flag as irrelevant
(WJHL) – April was expected to be the cruelest month for Tennessee sales and use tax collections due to COVID-19. It was — though it didn't bite as ...
Facebook Twitter Flag as irrelevant
The use of the tax funds began in May. City officials said in a statement that the COVID-19 pandemic is worsening "preexisting inequities in our society," ...
Facebook Twitter Flag as irrelevant
The ability to now directly call the Tax Court to request briefs or other filings in a docketed case, and to receive such documents electronically, is ...
Facebook Twitter Flag as irrelevant
TALLADEGA -- Volunteer Connections of Central Alabama (VCCA) IRS certified volunteers are once again preparing and e-filing tax returns. All tax ...
Facebook Twitter Flag as irrelevant
WEB
Estate tax tables
Estate tax tables. Filing Thresholds and Exclusion Amounts. Table W - Computation of Washington Estate Tax (for dates of death 5/17/05 and after).
Facebook Twitter Flag as irrelevant
Federal sales tax deduction
Washington State taxpayers may deduct sales tax in 2015 and beyond. In December of 2015, President Obama signed an omnibus tax and spending ...
Facebook Twitter Flag as irrelevant
Public utility tax
It is a tax on public service businesses, including businesses that engage in transportation, communications, and the supply of energy, natural gas, ...
Facebook Twitter Flag as irrelevant
N-20-8
www.tax.ny.gov. N-20-8. Important Notice. June 11, 2020. Announcement Regarding June Estimated Tax Payments. Pursuant to Governor Cuomo's ...
Facebook Twitter Flag as irrelevant
Tax Documents
Tax Documents. Entire IR Site Documents ... Distribution Tax Treatment, Date, Format. 2019 GNL Distribution Tax Treatment, 2/5/2020. 2018 GNL ...
Facebook Twitter Flag as irrelevant
Township of West Orange
You can find your tax bill by entering either the Account No. or the Block/Lot Number (and Qualification, if applicable) and the Last Name fields below.
Facebook Twitter Flag as irrelevant
Don't Forget About Your 2019 Tax Return
Earlier this year, in response to the novel coronavirus (COVID-19) crisis, the IRS postponed numerous federal tax filing and payment deadlines.
Facebook Twitter Flag as irrelevant
Can Lifetime Gifts Reduce Estate Tax Exposure?
You do not have to claim an inheritance on regular income tax returns, and this would include insurance policy proceeds along with direct inheritances ...
Facebook Twitter Flag as irrelevant
Non-Tax Paid Liquor Seized From DWI Suspect
A 69 year-old man is accused of having non-tax paid liquor in his possession. Around 12:46am Sunday, Smithfield Police stopped a 2017 Nissan for a ...
Facebook Twitter Flag as irrelevant
Thymus-derived Leukemia-Lymphoma in Mice Transgenic for the Tax Gene of Human T ...
Here we describe the generation of HTLV-I Tax transgenic mice using the Lck proximal promoter to restrict transgene expression to developing ...
Facebook Twitter Flag as irrelevant
Trump proposes Explore America Tax Credit which includes Theme Parks
The U.S. tourism industry wants people to resume traveling. Soon, a proposed "Explore America" tax credit might help the industry recover. The travel ...
Facebook Twitter Flag as irrelevant
Dagan: Re-Imagining Tax Justice In A Globalized World
In this paper I explain why designing a country's tax policy with the elasticity of taxpayers' choices of residency in mind, although a rational welfare- ...
Facebook Twitter Flag as irrelevant
The Best Tax-Free Countries In Asia For Expats
Dateline: Kuala Lumpur, Malaysia. When we think about tax-free countries, our brain often goes to the Caribbean, or Europe, where a web of historical ...
Facebook Twitter Flag as irrelevant
Mississippians sign petition to abolish state grocery tax
You know, the grocery tax is one of the most regressive taxes around," say Horhn. On average, the grocery tax will cost $650 per household. Travis ...
Facebook Twitter Flag as irrelevant
County Closes Tax Offices After Employee Tests Positive for COVID-19
Comal County closed its New Braunfels tax office this morning after an employee tested positive for COVID-19. Sattler and Bulverde offices also are ...
Facebook Twitter Flag as irrelevant
House committee advances new business subsidies, new tax on fantasy sports
By David Jacobs | The Center Square After approving more than $100 million in business tax breaks and incentives Tuesday, a Louisiana House ...
Facebook Twitter Flag as irrelevant
May sales tax report shows Aberdeen up more than 18%
Despite the COVID-19 pandemic, officials say sales tax revenues are up in part because of an increase in the purchase of building materials for home ...
Facebook Twitter Flag as irrelevant
California Payroll Tax and Registration Guide
What state and local taxes and filings OnPay handles for California employers; Where you can find the tax account numbers needed; How to authorize ...
Facebook Twitter Flag as irrelevant
State senators debate if Nebraska should mirror tax laws in federal CARES Act
The whole intent of the tax changes was to help with the economic recovery. Nebraska should have the same priority when it comes to taxes and the ...
Facebook Twitter Flag as irrelevant
Tax Court Holds That Form 870-AD Is Not a Binding Settlement Agreement
A recent US Tax Court Memorandum Opinion held that a settlement agreement embodied in Internal Revenue Service (IRS) Form 870-AD does not ...
Facebook Twitter Flag as irrelevant
Electronic Option Now Available for Amending 2019 Individual Income Tax Returns
If you already filed your South Carolina Individual Income Tax return and realize you need to fix an error, the South Carolina Department of Revenue ( ...
Facebook Twitter Flag as irrelevant
Sharp Increase Of Phishing "From" Dutch Tax Authority
The scammers, for example, send out texts or emails made to look like they came from the Tax Authority, saying their target has to pay outstanding taxes ...
Facebook Twitter Flag as irrelevant
Voices Inside the Coronavirus-Related Employer Tax Credits and Penalty Relief
The Families First Coronavirus Response Act and the Coronavirus Aid, Relief, and Economic Security, or CARES Act, provide refundable tax credits to ...
Facebook Twitter Flag as irrelevant
US (CA): Santa Barbara County cannabis tax revenues will exceed sales taxes
The county's $1.2 billion budget for the 2020-21 fiscal year, beginning July 1, includes an estimated $10.6 million in cannabis tax revenue, money that ...
Facebook Twitter Flag as irrelevant
News: Possible Tax Credits for Traveling, Disney Included!
What if I told you that you could travel the country and receive a tax credit from your travels?! Want to see some money back from your Disney trip?
Facebook Twitter Flag as irrelevant
How can I get my stimulus when tax returns conflict?
Can he be denied a $1,200 stimulus payment because the 2019 tax return wasn't filed early enough? How can I get my money? — Concerned.
Facebook Twitter Flag as irrelevant
Tax Court Records Accessible Again
When the US Tax Court (Tax Court) shut down in March, the public was unable to request copies of Tax Court records. That changed effective June 1, ...
Facebook Twitter Flag as irrelevant
You have received this email because you have subscribed to Google Alerts.
RSS Receive this alert as RSS feed
Send Feedback

No comments:

Post a Comment