To adhere to a federal, state, or local quarantine or isolation order, or advised by a health care provider to self-quarantine for obtaining a diagnosis of COVID-19 To care for an at-risk family member who was adhering to a requirement or recommendation to quarantine due to exposure to or...
Tax Section Offers COVID-19 Tax NewsDivola, JulieFogg, KeithABA Tax Times
This self-study course takes a close look at how COVID-19 has changed the world of tax filing. It includes a detailed exploration of the COVID-19 disaster declaration and the related federal tax consequences. It is designed for CPAs, tax preparers, and other financial professionals with a...
An end to COVID-19-era tax breaks will change how taxpayers file deductions this year and will likely mean smaller refunds or bigger balances due for many Americans,the Internal Revenue Service (IRS) said. Among the several pandemic tax credits returning to 2019 levels is the Child Tax Credit...
1:00 Why your tax refund may be smaller this year The expiration of COVID-era tax breaks means millions of Americans may get smaller refunds when they file their tax returns for 2022.If you were banking on a hefty tax refund this year, think again. The expiration of COVID-era tax br...
COVID-19e-commerce taxationonline sales taxinternet taxationsales taxA negative consequence of the COVID-19 pandemic has been the major contraction of the economy. In the United States, this has resulted in a significant reduction in sales tax revenues for most state and local governments, ...
Before COVID-19 arrived, policymakers from around the world were busy working on the makings of a new global tax consensus to reflect structural changes in thedoi:10.2139/ssrn.3635907Diniz Magalhaes, TarcisioChristians, AllisonSocial Science Electronic Publishing...
CANBERRA, Feb. 7 (Xinhua) -- Australian Treasurer Josh Frydenberg said on Monday that the government will provide tax breaks for businesses and individuals who need COVID-19 tests. "Today I'm announcing that we will ensure that COVID-19 testing expenses are tax-deductible for testing taken ...
The company manages 25 fresh markets in town, but almost all of them shut down because of the latest COVID-19 outbreak. Based on the new policy, if the firm's profits equal last year's amount, it can save over $1,500 (9,524 yuan) in tax payment. "It may not...
Survey results: Tax lessons of COVID-19 Tax professionals told ITR that the COVID-19 crisis has created more dangers for businesses in the form of audits and the risks of disputes even though most tax departments have managed to stay on track....