The first order of business for many state tax authorities in response to COVID-19 was deciding whether to extend their respective income tax filing and payment deadlines for the 2019 tax year, either automatically by...more
4/8/2020
/ Apportionment ,
CARES Act ,
Coronavirus/COVID-19 ,
Federal v State Law Application ,
Filing Deadlines ,
Income Taxes ,
IRS ,
Net Operating Losses ,
Nexus ,
Remote Working ,
State of Emergency ,
State Tax Equalization Boards ,
State Taxes ,
Tax Credits ,
Tax Cuts and Jobs Act ,
Tax Incentives ,
Tax Relief ,
Telecommuting ,
Time Extensions ,
Withholding Requirements
On May 23, 2018, the Department of the Treasury and the Internal Revenue Service (IRS) issued Notice 2018-54, stating that proposed regulations will be issued addressing the deductibility of certain payments made by taxpayers...more