Menu

aid Archive

Corporate Audits, Free Filing, and Federal Aid

TweetShareSharePin0 Shares Corporations have been claiming more “uncertain” tax breaks in recent years.  With IRS  audits down, corporations are being increasingly aggressive in their tax positions, according to  a Washington Post analysis of corporate filings. The IRS used to audit nearly every  large corporation tax return, but it now audits only about half.  As a

Federal aid could hobble new state tax cuts and credits

TweetShareSharePin0 Shares A condition attached to $350 billion in relief for state and local governments by the American Rescue Plan Act (ARPA), P.L. 117-2 — that states may not use the money to offset their own tax reductions — may prove problematic, and is perhaps unconstitutional, tax practitioners said. ARPA’s Coronavirus State Fiscal Recovery Fund
You cannot copy content of this page
Social Media Auto Publish Powered By : XYZScripts.com