Friday, December 18, 2020

Google Alert - tax

Google
tax
Daily update December 18, 2020
NEWS
Some are relating to Covid-19 relief legislation, which Congress is still hashing out. This column addresses so-called tax extenders that benefit ...
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The deal included tax increment financing, a special sales taxing district and the revenue bonds discussed at Wednesday's meeting. The revenue bonds ...
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Words TAX COURT composed of wooden letters. Statue Themis and judge's gavel in the background. getty. Lew Taishoff's nomination for best Tax Court ...
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Local income tax rates are determined by county officials; the Indiana Department of Revenue reviews those changes to make sure they're in ...
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Taxes on Boulder's ballot, 2008-2020. 2008. Issue No. 201 – City retention of property tax funds (Passed 64.99% to 35.01%) Issue No ...
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Net Wealth Taxes. Norway levies a net wealth tax of 0.85 percent on individuals' wealth stocks exceeding NOK1.5 million (€152,000 or US $170,000), ...
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Jay Inslee is proposing a new capital gains tax and a tax on health insurers as part of his two-year, $57.6 billion budget proposal that seeks to offset ...
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Just over half of the roughly $50 billion New York collects each year of personal income taxes is paid by 188,000 tax filers -- the highest-earning 2% of ...
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Senator Chuck Grassley stated, "Business owners should learn about the tax incentives meant for you. Too often small and medium businesses just ...
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The couple filed joint tax returns with the Virgin Islands Bureau of Internal Revenue (VIBIR), but not with the IRS. The VIBIR sent the first two pages of the ...
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When are medical expenses tax deductible? · You itemize. · Your medical expenses exceed a certain percentage of your adjusted gross income.
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The wealthy who engage in sophisticated tax planning understand that individual income taxes are primarily a tax on consumption and that taxes are ...
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The Orleans Parish School Board unanimously denied six tax exemption requests from Folgers Coffee Company — totaling about $2.9 million in local ...
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New Jersey is on the verge of passing a new $11.5 billion corporate tax incentive program after Gov. Phil Murphy announced he'd reached a deal with ...
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The Ohio Development Services Agency awarded $26.5 million in Ohio Historic Preservation Tax Credits for 51 historic buildings around the state. The ...
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Through RAJen, Jenifer prepared false tax returns for clients claiming fraudulent and inflated itemized deductions, including charitable contributions and ...
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The tax credits awarded for the church and adjacent warehouse is Phase One of a larger effort by Toledo resident Fred Treuhaft to revitalize the Vistula ...
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the form, released last week, asks, with two options: yes or no. The question about virtual currencies has been included in tax forms since 2014, as a ...
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While many Americans choose to do their own taxes using tax preparation software (or manually), the easiest way to do your taxes is to having someone ...
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The government has said it will remove the tax once a global solution on digital taxation is reached. According to the OECD, that could happen by the ...
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The Act does not expressly address tax treatment (i.e., deductibility) of business expenses paid with PPP loan proceeds. But as Forster explains, "If the ...
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Commissioners on Thursday unanimously approved a $339.7 million budget for 2021 that keeps property taxes at the current level in part because of ...
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A three-bill package nearing passage in the Michigan Legislature would exempt Meijer from paying sales or use tax on new equipment for a ...
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Much of the savings would come from a sales-tax exemption of up to $396,750 on the purchase of construction materials and equipment, plus a ...
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Also on the agenda was a proposed ordinance increasing an existing city "supplemental alcohol tax" from 5% to 10%. However, despite this increase ...
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Senate Finance Committee Chairman Chuck Grassley, R-Iowa, said that the tax extenders might be included, Law360 reported. "As of 3 o'clock ...
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Revised W-4 has workers cruising for tax bruising. A sizable share of workers are overpaying taxes — on purpose. By Danielle Andrus | December 17, ...
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This year, Congress passed a tax break to encourage more people to make donations. The break is about to expire, leaving Congress to rethink how ...
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Since then, consumption—and the related tax revenue—has returned to its pre-pandemic trajectory. At the same time, income taxes, while down, are ...
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While it remains illegal to buy and sell cannabis under the federal Controlled Substances Act, the IRS collects income taxes from cannabis businesses, ...
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Tax season is right around the corner, and millions of Americans will file taxes ... out on the first stimulus check may get extra money in their tax returns.
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Bridgeville council ratified the borough's spending plan that did not raise property taxes for the next year during its meeting Monday. Council voted ...
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The long-planned redevelopment of a historic hotel in Greater Cincinnati has been awarded a state historic tax credit to bolster the project. Historic ...
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The Craft Beverage Modernization and Tax Reform Act again requires a renewal before Dec. 31 otherwise craft distillers will face sharp increases in ...
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The tax expired on Dec. 1 without being renewed, which will lose the county revenue until it can be restored effective Feb. 1 of next year. Michael Goot.
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The tax credit contribution will help Doorways finance an administration building quadrupling its space that will allow it to grow its staff to 100 from about ...
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If you have questions about your taxes or suspect you may be a victim of tax-related identity theft, always feel free to contact us for assistance." The ...
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Net operating losses arising in tax years beginning in 2018, 2019 and 2020 can be carried back five years for refunds against prior taxes. These losses ...
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Whether the tax authorities will issue a circular letter in respect of this new regime remains to be confirmed. - Modification of the scheme for highly skilled ...
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Fitch Ratings-Chicago-17 December 2020: The Mexican Senate's proposed tax amendments for Petroleos Mexicanos (PEMEX) are neutral for the ...
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Southwest Licking Schools was offered $150,000 in coronavirus relief money if the district approved a tax abatement for a development, an Advocate ...
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The measure passed in the November election with a 61.78% majority vote. The newly sworn council officially set the tax at its Dec. 16 meeting.
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Tax-Loss Harvesting. Now is a good time to review your investment portfolio to realize any additional capital gains and losses for the year. And if you find ...
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This will also make cryptocurrency taxes which was once a niche subject a more mainstream area of taxation that all accountants need to be aware of.
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The study compared countries that passed tax cuts in a specific year, such as the U.S. in 1982 when President Ronald Reagan slashed taxes on the ...
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For investors who expect taxes to go up or that they'll be in a higher tax bracket in the future, Roth IRAs can be attractive. Qualified withdrawals of ...
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"It is that time of the year again to think about year-end tax planning," says Ron Haugen, North Dakota State University Extension farm management ...
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The tax hike coincides with the new state tax cap, which rose from 1.52 percent to 2.57 percent to accommodate state pension increases, according to ...
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Phil Murphy and state legislators to allow certain municipalities to generate additional tax revenue from the sale of cannabis to cover costs of public ...
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India has amended the residency rules in the Income-tax Act and introduced citizenship-based taxation effective from April 1, 2020. The amendment was ...
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WEB
Pay Property Taxes
Pay your real estate taxes and your business personal property taxes in one full payment, or in first- and second-half installments (except for parcels ...
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Schedule F and G Net Operating and Alternative Minimum Tax Loss Carryovers 42-020
Form. IA1120SchFandG(42020).pdf. Tax Type. Corporation Income Tax. Print. Stay informed, subscribe to receive updates. Subscribe to Updates ...
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Contact Us - Tax and Collections
Property Taxes: Secured and Unsecured, Mobile Homes, Supplemental. Tax and Collections 70 W. Hedding Street, East Wing, 6th Floor San Jose, CA ...
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Preparing for Potential Tax Changes in 2021
If you believe capital gains taxes are going to increase, you could sell those securities in 2020 and pay the current capital gains tax rate for those ...
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Episode Nine: The Tax Impact of Receiving an Inheritance
We've had the privilege of advising Michigan businesses for more than 95 years, and we want to share our knowledge with you. Covering tax, ...
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How India's new citizenship-based tax impacts Indians living abroad
India has amended the residency rules in the Income-tax Act and introduced citizenship-based taxation effective from April 1, 2020. The amendment ...
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COVID-19 Tax Credits: Don't Leave Money on the Table
The following credits are available for employers who are eligible for FFCRA tax credits: COVID-19: FFCRA Misconceptions and Reimbursement.
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E-Filing - Limit of Five Returns
If you're not a licensed tax preparer, you can't e- file more than five tax returns. That's the limit set by the IRS. Tax preparers: To e-file an unlimited ...
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Tax Season is Here Again
The advantage of using myPay is that your 1099-R tax statement will be available much sooner in myPay than through postal mail. 1099-Rs generally ...
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Gig workers, know your tax responsibilities
No matter what the job or app, all gig workers have one thing in common: income tax obligations. But the way you'll pay taxes differs from the way you ...
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Volunteer Income Tax Assistance
IRS-trained and certified volunteers serve at 40 locations across the Upstate to help participants receive all eligible tax credits and deductions. Returns ...
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A Head Start on Tax Advice
Unfortunately, if much of your income in 2020 was unemployment pay, your tax refund will be far less than you're used to, and you may even owe taxes ...
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Real Estate Delinquent Taxes and Tax Lien Sale
Failure to pay property taxes on time will result in delinquent interest (1% per month) and a delinquency notice in July. Any unpaid taxes will be ...
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2020 Tax Season Questions & Answers
This year has been full of unprecedented events and you are sure to have questions about how it all may impact your taxes. Here are a few relevant ...
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Tax Savings for Tribes: Updated Employee Retention Tax Credit Guidance
Tax Savings for Tribes: Updated Employee Retention Tax Credit Guidance. by Ryan Luetkemeyer, Senior Manager, Tribal & Gaming Practice.
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Property Tax Bills have been mailed
Due to the COVID-19 pandemic, tax payments will not be accepted in person this year. Payment may be made by check, money order or credit/debit ...
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Year-End Tax Planning Tips for Businesses
There are a lot of ways to save taxes this year, but those same ideas may save you more in the future. Considering the Biden tax plan increases, the ...
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City Council approves an implementation plan for a tax on vacant homes in Toronto
A vacant home tax aims to increase the housing supply by encouraging homeowners to sell or rent their unoccupied home – and, if they choose to ...
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Tap into Tax: Why C-suites should revisit and more closely align operating, finance, and tax ...
In this episode, we discuss why the C-suite should revisit and more closely align its operating, finance, and tax strategies, the potential benefits from ...
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Bulgaria: Tax administrative measures, VAT amendments
Repeal of interest imposed for a late provision of reason to apply an income tax treaty to address double taxation, and instead replace the interest ...
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