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|        IRS Says Key Tax Forms Will Be Ready For Tax Season, But There's No Start Date Yet      United States federal income tax concept. getty. With all of the last minute changes to the Tax Code - and those stimulus check reconciliations - it was ...  
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|        Tax Legislation Wish Lists For 2021 Announced By Senate, House Leaders      Today, Wyden said he will aim to fix the "broken tax code" and require millionaires and billionaires to pay their fair share. The Senator said he is ...  
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     Student Loans And Tax: Reductions, Relief, And Ramifications      In this installment of Willis Weighs In, Benjamin M. Willis, contributing editor for Tax Notes Federal, and Jasper B. Smith, executive editor for ...  
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|        Pritzker's plan to exempt state from federal tax break to address gaping budget hole falls short in ...      Pritzker wanted to block a change to the federal tax code passed by Congress as part of the coronavirus relief plan from applying to state tax bills.  
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     How being unemployed in 2020 could lead to a surprise tax bill      Many will owe taxes to the federal government and their state this spring. Generally, unemployment can reduce the value of certain tax credits. Congress ...  
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|        Welcome to the 2020 Tax Center      The information below lets you know when you can expect to receive required tax forms for your J.P. Morgan Wealth Management investment accounts ...  
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|        Tax collections show increase      YOUNGSTOWN — Mahoning County Auditor Ralph Meacham said the county's sales tax collections last year were surprisingly good given the ...  
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|        Greater Latrobe to consider 3.11-mill cap on potential 2021-22 tax hike      "We want to minimize any potential tax increase as much as possible'" district business administrator Dan Watson said. "Hopefully, we'll gain more ...  
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|        Proposed corporate tax hike in California would aid homeless      SAN FRANCISCO (AP) — A California coalition is proposing legislation to boost taxes on wealthy multinational corporations to raise more than $2 ...  
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|        Several States Considering Legal Recreational Marijuana      While ad valorem excise taxes may look like general sales taxes, there are important differences. Excise taxes target specific transactions due to some ...  
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|        How it works: Local certified public accountants explain how filing tax returns will work this year      ALBANS — Employers are starting to send out W-2 forms, which means tax season is upon us. Those who have used a certified public accountant ...  
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|        Some missing second stimulus check and last year's tax refund wonder if problems are related      "The first stimulus money went to the wrong account that was the one filed for 2018 taxes." Blonda Phipps of Evergreen Park is also waiting for both her ...  
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|        New rule helps those who lost jobs in 2020 qualify for key tax credits      Tax filers and the people who help them with their taxes now must be aware of the new option and take time to review 2019 earnings, as well as ...  
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|        Democrats eye tax on insurers to fund broader health reform package      Insurance companies are opposed to the tax and say its return will mean increased premiums for people on fully insured plans. With the federal repeal, ...  
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|        After The Low Income Housing Tax Credits Are Done, Investors Want More      The Low Income Housing Tax Credit (Section 42) has generated very little in the way of conventional tax litigation, meaning IRS v taxpayer. Oddly part ...  
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|        How Trump's tax policy improved the incentive to buy lottery tickets      In a simplified, tax-free example, a $2 ticket might have a 1 in 300 million chance of winning. So if you could theoretically buy every ticket out there, ...  
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|        Hawaii Governor Weighs Income Tax Increases On Wealthy Residents      In a House Finance Committee hearing on Tuesday, Ige Chief of Staff Linda Chu Takayama was asked which tax increases the administration might ask ...  
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|        Restaurant Chain Manager Pleads Guilty to Employment Tax Fraud      In total, Sreckovic caused a tax loss of over $1.5 million. Instead of paying employment taxes, Sreckovic paid other creditors and his own personal ...  
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|        How to protect yourself from identity theft during tax season      Fleming said a tax identity theft scheme is when "somebody has filed your taxes before you had gotten the chance and actually refunded and received ...  
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|        Former CFO of Connecticut Healthcare Staffing Agency Pleads Guilty to Federal Tax Charge      Several EHC employees did not request a corrected W-2 and, as a result, overpaid taxes to the IRS. In addition, Foreman received funds through cashed ...  
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     Last Minute 2020 Tax Planning Taxpayers Can Still Take Advantage Of      Almost halfway through January, it might feel that there is no planning that can be done on your 2020 taxes. In fact taxpayers do still have some tax ...  
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|        Tax Proposals of President-Elect Biden and Other Prominent Democrats      Increased Individual Tax Rate. Biden would increase the top marginal income tax rate for individual taxpayers with income above $400,000 from 37% to ...  
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|        It's easy for big business to dump the GOP now. Tax hikes will be the real test      And that may include donating to some Republicans who objected to the Electoral College votes but also object to higher taxes and more red tape. " ...  
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|        City tax receipts up 13.8 percent      SILOAM SPRINGS -- The city ended the year with sales taxes up a cumulative 13.8 percent over 2019, according to city administrator Phillip Patterson.  
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|        France's hopes lift as US freezes tariffs over tech tax      They were designed as retaliation for a French tax on technology giants like Google and Amazon. The U.S. Trade Representative's office said it ...  
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|        Congress Declines to Extend Mandated FFCRA Leave Beyond December 31 But Provides Tax ...      In other words, this tax credit extension in the new stimulus bill does not provide a new allotment of FFCRA leave to deal with COVID-19 related ...  
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|        Connecticut Joins NH Remote Work Income Tax Case      A question on the mind of every accountant and tax attorney since the coronavirus pandemic started is the subject of a lawsuit now before the U.S. ...  
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|        France's hopes lift as US freezes tariffs over tech tax      The U.S. tariffs were meant to enter in force this week. They were designed as retaliation for a French tax on technology giants like Google and Amazon.  
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|        Good samaritan clears tax bill for Sarpy County animal shelter      That cost the animal shelter its $14,000 tax exemption for last year and Betsy appealed to the Sarpy County Board by showing her story. Jim Warrant ...  
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|        New London committee reminds veterans of tax exemptions      It can be applied to their real estate or automobile tax bills. Certain veterans who do not own real property or a motor vehicle may be eligible for a tax ...  
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|        LFC proposes increase in spending; Lawmakers propose eliminating tax on social security income      Meanwhile, lawmakers are bringing back a proposal to eliminate taxes on social security income. The same idea was introduced during last year's ...  
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|        Apple Taps Covid Shopping Boom for Record Tax Haul in Hometown      Apple Inc. 's share of local taxes collected by its hometown from e-commerce sales reached new records last year in the midst of a recession, thanks to ...  
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|        Tax examination could bring discussion about marijuana shops back to Avon      The transfer tax question. Thuon brought up the idea in the context of a comment on Avon's 2% real estate transfer taxes in Avon, which he said was ...  
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|        New Orleans council member asks state to overturn local assessor's commercial tax cuts      State law gives the Louisiana Tax Commission, or LTC, the power to change or correct "any and all assessments of property for the purpose of taxation, ...  
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     Thousands who received unemployment in Oregon could be in for a surprise at tax time      If people didn't choose to have taxes withheld, they face a significant tax liability when filing their 2020 taxes. Oregon Employment Department acting ...  
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|        A Warm Welcome to the Tax Trotter      On the U.S. tax front, we got about 110 proposed and final regulations, 59 notices and 42 revenue procedures in 2020. As the Treasury and the IRS work ...  
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     Stocks are climbing a 'wall of worry' too quickly amid tax risks, Oppenheimer's John Stoltzfus says      Stoltzfus credits lower taxes under the Trump administration as a key buffer during the coronavirus pandemic's economic fallout. "We do believe tax ...  
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|        North Lake EMS tax district proposed for May ballot      Perhaps most controversial, if passed the property tax increase would place Christmas Valley and the surrounding area at a tax rate of $19.73 per ...  
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|        Missed income tax return filing deadline? Here are the options you have      The income tax department has rejected requests for further extension of the due date for filing tax returns in an official order. In the wake of the COVID- ...  
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|        Detroit Council approves tax break for redevelopment of Cadillac Stamping Plant site      The former Cadillac Stamping plant site is one step closer to redevelopment after the Detroit City Council approved Tuesday a 12-year tax abatement ...  
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|        Ohio issues identity theft warning as residents start seeing 1099-G tax forms show up      If you received unemployment in 2020 you will be receiving a 1099-G tax form in the mail sometime this month, which is used to file your tax returns.  
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|        State and Local Tax: Entity Formation For Certain Texas Activity      The article provided a summary of the tax and non-tax implications of each potential entity type. We will discuss "passive entities" under Texas law.  
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|        Patience and knowledge could grow your tax return | Commentary      We have all seen the "tax refund advance" signs stuck in the side of the road at busy intersections. This instant cash-in-hand is understandably ...  
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|        Some missing second stimulus check and last year's tax refund wonder if problems are related      "The first stimulus money went to the wrong account that was the one filed for 2018 taxes." Blonda Phipps of Evergreen Park, Illinois is also waiting for ...  
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|        Digital Tax Talks Face Calls for Simplification, More Certainty      The OECD is facing pressure to make its digital tax plan less complex and create more certainty for multinationals as governments race to find an ...  
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|        Tax Court remands valuation of Elkhart property      The Indiana Board of Tax Review must revisit its valuations of land owned by a northern Indiana manufacturer, the Indiana Tax Court has ruled.  
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|        Was tax bill on Covid subsidy payments a misstep by Government?      The reason for the impending tax bills is because when the payments were made during the year, they were not taxed. Rather, income tax and the ...  
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|        Idaho tax collections in December again come in ahead of forecast      Sales tax receipts account for $98.5 million of that amount. Individual income tax collections added another $179.1 million, while corporate income taxes ...  
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     Hawaii businesses face huge unemployment insurance tax hikes      HONOLULU, Hawaii (HawaiiNewsNow) - Hawaii businesses could see their unemployment insurance taxes triple in the spring. The state owes the ...  
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|        Hodgenville council, public discuss possible restaurant tax      An ordinance proposed last year would have imposed a 3 percent tax to restaurants and other prepared food sold within city limits. This can include ...  
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|        Educate yourself about the revised tax benefits for higher education      A tax deduction reduces your taxable income while a tax credit reduces the amount of taxes you owe on a dollar-for-dollar basis. First, let's look at the ...  
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|        Tax Help Center      Beginning in the 2012 tax year, federally tax-exempt income dividends from a municipal bond fund will be reported on the 1099-DIV. Mailed by February ...  
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|        The Full Platter Podcast: Tax the Robots      Some want states and the federal government to impose more taxes on automation, robots, and other business equipment. Tax Foundation Senior ...  
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|        Key Tax Considerations – Consolidated Appropriations Act 2021      The Consolidated Appropriations Act, 2021 (H.R. 133) (CAA) took effect on December 27, 2020, and contains many updated tax provisions aimed at ...  
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|        Can Your Business Benefit From Employee Retention Tax Credit?      The Employee Retention Tax Credit (ERTC) rewards employers that keep workers on the payroll during COVID-19. Here are the recent changes.  
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|        Seventh Anti-Corona Package (PKP7) brings changes to personal income tax      Seventh Anti-Corona Package (PKP7) brings changes to personal income tax. Article 59 of the Act determining intervention measures to assist in ...  
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|        Election Outcome Update: Tax Policy Post-Georgia Runoffs      With Democrats winning the Georgia Senate runoffs, we now have a better idea of what tax policy may look like in 2021 and beyond.  
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|        Programs funded by the Philadelphia Beverage Tax continue to thrive — Winter 2021 update      Since the Philadelphia Beverage Tax went into effect, a great deal of progress has been made by each of the three PBT-funded programs.  
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|        Divorcing couples should understand these 4 tax issues      Several tax concerns need to be addressed to ensure that taxes are kept to a minimum and that important tax-related decisions are properly made. Here ...  
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|        Tax Breaks on Forgiven PPP Loans Provided by Congress      Recently passed legislation allows for the tax deductibility of expenses paid using PPP loan proceeds that were, or are expected to be, forgiven.  
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|        McNees Adds to State and Local Tax Practice Group      McNees Wallace & Nurick LLC is pleased to announce the addition of Adam Koelsch to the firm's State and Local Tax Practice Group.  
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|        Private Equity Tax: Key Considerations for 2021      The Private Equity taxation landscape and Tax Policy continues to evolve. This webinar will guide you through the latest updates associated with the ...  
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|        Tax Credits      Who is eligible to receive Missouri NAP Tax Credits? Businesses, individuals who operate a sole proprietorship, operate a farm, have rental property or ...  
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|        BST ANNOUNCES PROMOTION OF KIMBERLY WRIGHT TO TAX PARTNER - Ed Lewi and ...      ALBANY, New York – BST & Co. today announced that Kimberly Wright has been appointed partner in the tax department at the Capital Region-based ...  
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|        The Tax Cap      Advocacy. Advocacy Updates · Legislative Action Center · GOVERNOR'S OFFICE · FIND YOUR SENATOR · FIND YOUR ASSEMBLY MEMBER ...  
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|        Nevada Offers Tax Amnesty until May 1, 2021      Eligible Taxes. The following tax types are eligible for amnesty: Sales and Use Tax, Modified Business Tax, Cigarette Tax, Other Tobacco ...  
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|        Insights | KSM      Blog New COVID-19 Relief Bill Contains Numerous Tax-Related Provisions. December 22, 2020. Blog HHS Clarifies Provider ...  
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