Tuesday, December 8, 2020

Google Alert - tax

Google
tax
Daily update December 8, 2020
NEWS
SAN FRANCISCO—Most of the tax-related ballot measures for the state and city passed in the last election, with the exception of Proposition 15.
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Low-income seniors who are eligible for a poverty property tax exemption wouldn't have to reapply for the program for up to three years under a bill ...
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What Will Happen To Tax Credits? Biden doesn't plan to raise taxes on low- to middle-income taxpayers. However, this group can expect to see ...
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Lawmakers in the Senate passed the bill, dubbed the "millionaire's tax," by 42 votes to 26 late on Friday. It means those with a personal fortune of over ...
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Michael Silva and Greg Weigand provided tax advise to Healthcare Trust of America Inc. on a $800 million debt offering at a tricky time for real estate ...
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As a tax credit, the AOTC can reduce your tax bill and increase your tax refund. Since the AOTC was enacted, there has been a steep increase in the ...
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Wolters Kluwer Tax & Accounting looks at the efforts undertaken or contemplated by states to compensate for pandemic-related losses of revenue.
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7, 2020 /PRNewswire/ -- Bloomberg Tax & Accounting announced the recipients of its 2020 author awards, which recognize contributions made to the ...
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By unanimous vote, the council approved a residential tax rate of $18.90 per $1,000 of assessed valuation for fiscal 2021, reflecting a 63-cent reduction ...
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Monday evening, it was revealed that the tax increase was cut in half again. The updated budget is a $92 million spending plan that raises taxes by 0.44 ...
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Since the AOTC was enacted, there has been a steep increase in the number of people claiming education credits. For the 2018 tax year, over 7.3 ...
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With 2021 almost here, I'm terrified of the tax bill that will be waiting for me. I'm also worried about the penalties. Can I be punished for not paying taxes ...
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The current proposal would hike property taxes by varying amounts for one- to three-family homes with market values exceeding $5 million and condos ...
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(WTVQ) – A tax hike is leaving some people not just angry, but confused as to where to aim their frustration. "Last year it was $365.68, this year it's ...
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Editor's Note: Weekly Tax is a weekly version of POLITICO Pro's daily Tax policy newsletter, Morning Tax. POLITICO Pro is a policy intelligence ...
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Jurisdictions can levy taxes on disposable plastic bags given by grocery stores, convenience stores, and drugstores. Tax revenues are allocated for ...
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As the presidential election appears to be concluded, commercial real estate investors are now strategizing for the future impacts of new taxation ...
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Increasing taxes on New York's wealthiest is expected to be a major discussion in the 2021 legislative session, given the state's multi-billion dollar ...
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The state's 17-cent fuel tax rate has remained unchanged since the mid-1990s. The state's Department of Transportation has said there is an $825 ...
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"The department heads found ways to help us balance the budget without raising taxes." Northumberland Borough officials approved a slight increase to ...
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Honorees included the federal and international recipients of the Leonard L. Silverstein Award for Distinguished Service in Tax, which are named after ...
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NEW ORLEANS (AP) — A lawyer awaiting trial on federal tax charges was elected the district attorney in Orleans Parish on Saturday. New Orleans ...
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The Internal Revenue Service still needs to process about 1 million paper tax returns after the coronavirus pandemic and subsequent stay-at-home ...
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The Excise Department, which falls under the purview of the country's Ministry of Finance, is responsible for taxes on sales of certain goods and ...
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Review electronic filing and refund options. To save time, increase security, and save tax dollars, file electronically and choose direct deposit. Direct ...
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According to preliminary numbers released by the Senate Finance Committee and the State Auditor's Office on Tuesday, November tax revenue ...
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The opening up of available loading ports comes amid a transition in the country's gasoline import tax rates, which will see taxes for gasoline cargoes ...
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The city collected more than $1.6 million from its 1 percent sales tax from July to September, Finance Director Eric Jiles said. A resolution on the ...
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The tax credits provide a refundable credits against a taxpayer's Commercial Activity Tax, insurance premium tax, Ohio corporate franchise tax or an ...
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Thursday, Dec. 10, to help business owners increase their knowledge and decrease their taxes in 2020 and 2021. They will present year-end tax ...
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Property tax bills are payable in two installments. At least half of the amount owed is due Nov. 1 and must be paid before Dec. 10 to avoid a penalty. The ...
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Small businesses that used the money as it was meant to be used were getting a tax-free lifeline—a crucial provision that hugely enhanced the loans' ...
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For gas pumps and receipts don't show taxes, which are simply built into the prices displayed -- and Connecticut levies not only a 25-cent tax on each ...
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Washington Insider-- Monday. The Tax Mess from Working at Home. 12/7/2020 | 5:59 AM CST.
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An upfront tax deduction and the ability to reduce estate and gift taxes — as well as the potential to pass on assets to heirs — make charitable lead trusts ...
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Most of the proposals result in higher taxes. Individual Income Taxes The Tax Cut & Jobs Act, or TCJA, lowered tax rates (especially for high-income ...
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The tax only applies to employers, employees and those who are self-employed. "It's really about where your employer is located," Laura Hammond with ...
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The global tax software market report helps to estimate statistics related to the market progress in terms of value (US$ Mn). The study covers a detailed ...
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Baxter County is wrapping up a record-breaking year in sales tax collections, crossing the $400,000 mark for the fifth consecutive month.Sales tax ...
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Foster came before the board to request a free port warehouse tax exemption, which would exclude Primos' warehouse from ad valorem taxes due to ...
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He told Black state lawmakers he can deliver a tax hike and a new legislative map, again favoring Democrats. Illinois House Speaker Michael ...
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For example, Nevada, South Dakota and Wyoming have no corporate or individual income taxes (although Nevada has a gross receipts tax). The ten ...
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Both bills seek to amend the Tax Reform Code of 1971. Rothman's legislation (formerly House Bill 72) would reduce the CNI tax rate to 3.07 percent ...
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2021 Tax-Time Surprise? But some of these people might face an unwelcome surprise next spring when they file their 2020 tax returns: The premium ...
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INDIANAPOLIS — Indiana is ranked fourth highest in the nation for tobacco use, and some are pushing lawmakers to increase taxes on tobacco ...
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The law lowered the corporate tax rate to 21% from 35% and changed taxes on U.S. companies' foreign income. Corporations now owe the U.S. a ...
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The Town also contended that Cornell's tax-exempt status did not prohibit taxation of the system because it is owned by Argos and not Cornell. As to the ...
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Final reports on the spending on Issue 1, the new half-cent state sales tax given exclusively to highway spending without legislative oversight, show a ...
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Riverside Cemetery is part of the original Ocmulgee Crossing Tax Allocation District along with Rose Hill Cemetery, meaning the county can legally ...
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Under section 1221(b)(3), songwriters can elect to pay tax at capital gain rates rather than ordinary income rates on the sales of their copyrighted songs.
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WEB
National Tax Office
The National Tax Office (NTO) is the central resource for the CBIZ MHM tax practice, providing consulting and advisory support on complex matters to ...
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Tax Information Centre
Visit the BlackRock Tax Information Centre where you can find valuable tax information for BlackRock funds as you prepare your annual income tax ...
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2020 Gift and Estate Tax Planning Alert
Due to the recent presidential election and potential estate tax legislation supported by what will become the Biden Presidency in 2021, we write this ...
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The Tax Consequences of a PPP Loan for 2020
The tax reporting for companies which received PPP loans in 2020 could have a higher tax liability in 2021 than in prior years.
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Tax Review & Planning Zoom Workshop - December 16th
Please join us December 16th for a virtual Zoom workshop to discuss key tax strategies and how to position your business, self or family for success in ...
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AFIRE Tax & Regulatory Briefing: November/December 2020 | AFIRE
The AFIRE Tax & Regulatory Briefing is a monthly newsletter with insights on the latest tax and regulatory issues for instiutional investors.
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The QBI Deduction Basics and a Year-end Tax Tip that Might Help You Qualify
For tax years beginning in 2021, the inflation-adjusted threshold amounts will be $164,900 for single taxpayers, and $329,800 for married couples ...
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New Safe Career Opportunities During This Pandemic
Now is a great time to become a tax preparer. The tax profession is one of the few safe career opportunities that are always hiring.
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Surprising Tax Credits You May Qualify For
Enter tax credits! A tax credit is a dollar-for-dollar credit you can subtract from your income tax. They're different from deductions which reduce how ...
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IRS issues new FAQs on the interaction between the employee retention tax credit and PPP loans ...
[2] The ERTC can be used to offset federal payroll taxes such as federal ... However, to prevent double tax benefits, the CARES Act provides that an ...
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Dena W. Hirsch and Katharine BM Brite Published in Bloomberg Tax
A Biden-Harris administration has important implications for estate and income taxes in addition to the sunsetting estate tax exemption, which will return ...
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Multnomah County Imposes a New Local Tax
Multnomah County, Oregon voters approved Measure 26-214 to impose 1.5% and up to 3% tax to fund the tuition-free preschool program - tax alert.
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Employee Retention Tax Credit Available to Businesses Because of New Lockdowns
The IRS has announced that lenders should not file tax information returns to report forgiveness of debt on Paycheck Protection Program (PPP) loans.
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1098-T Tuition and Fee statement
Enter Tax Year: 2019 and submit. Your 2019 form 1098-T will be available for you to view and print. Information on IRS Tax Benefits for Education can be ...
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Uncertainty remains about estate tax issues
What will the estate tax exemption look like under a new administration? Our friends at Wright & Moore share some insight on that issue and more.
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Tax on corporate transactions in South Korea: overview
National taxes (corporate income tax, value added tax, securities transaction tax and education tax). Local taxes (acquisition tax, registration and licence ...
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