Tips to help you prepare for tax season
Inflation adjustments and tax tables issued for 2019 The IRS issued the 2019 annual inflation adjustments for many tax provisions as well as the 2019 tax rate tables for individuals and estates and trusts. Source: IRS Tax News - Inflation adjustments and tax tables...read more
How Does Your State Structure Its Individual Income Tax Brackets? Like the federal income tax, 33 states and the District of Columbia have a graduated-rate state individual income tax, with tax rates that get progressively higher with increases in income. However,...read more
Governor Cuomo Concedes that New York’s Tax Code is Uncompetitive It used to be an article of faith among governors of high-tax states–at least publicly–that tax burdens did not drive business decision-making, and certainly did not affect location decisions. This...read more
Falling Behind on Digitalization in Spain A recent report highlights the fact that among various measures of digitalization, Spain is falling behind not only its European peers but also many other countries in the world. At a time when tech firms and various digital...read more
Auto Imports and Tariff Effects by Major Trading Partner The Trump administration is reportedly circulating a draft report written by the Commerce Department that outlines results of an investigation into automobile imports and whether tariffs should be imposed. While...read more
New IRS commissioner brings practitioner’s perspective to role Veteran tax attorney Charles Rettig gives his first public address as new IRS commissioner, speaking to CPAs Tuesday at the AICPA National Tax Conference in Washington. Source: IRS Tax News - New IRS...read more
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