We've seen similar dynamics play out in other areas of the 2017 tax law, with lobbyists using the regulatory process to secure significant new tax breaks that mainly benefit multinational corporations and very affluent owners of certain kinds of businesses.
Treasury Secretary Steve Mnuchin arrives to speak in the briefing room of the White House in Washington, D.C. on October 11, 2019. (Photo: Nicholas Kamm/AFP via Getty Images)
In finalizing its regulations on the 2017 tax law's "opportunity zones," the Treasury Department took some questionable business giveaways that were included in its proposed regulations and actually expanded them.
Other things to check out:
Free help again available for Oregon tax filers - KTVZ
PORTLAND, Ore. (KTVZ) -- Oregonians stressed out over tax season can get free help on their returns. The AARP Foundation Tax Aide program provides assistance across the country on state and federal taxes.
More than 100 sites are available in Oregon. State coordinator for the program, Bob Bruce, said while there's always talk about simplifying the tax code, filing still is an involved process for many folks.
Sweepstakes cafe investigations move forward in Vermilion, proposed tax voted down | Lorain
The city of Vermilion has begun moving forward with water main and water meter replacement projects for the spring and summer.
CMS Proposes Regulations that Would Have Significant Financial Impact on CCRCs | Arnall Golden
In November 2019, the Centers for Medicare & Medicaid Services proposed the Medicaid Fiscal Accountability Regulation (MFAR), a set of regulations targeted at promoting financial integrity in state Medicaid programs. MFAR has now come under scrutiny by leading continuing care retirement community (CCRC) organizations, including LeadingAge and the National Continuing Care Residents Association (NaCCRA).
In a January 13, 2020 letter addressed to senators and representatives in the states listed above, Leading Age and NaCCRA expressed the following concerns:
And here's another article:
Business Briefs, Jan. 28 - Feb. 5 | The Taos News
The AARP Foundation Tax Aide program is offering free income tax return preparation services at the Taos County Senior Citizen Center from now through April 14 at its new location at 200 Albright Street, just south of the county administration building.
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Come to the senior center on Tuesdays and make your appointment directly with Tax Aide volunteers. You can also make your appointment online at aarpfoundation.org/taxhelp using the Taos zip code 87571. Appointments will not be made over the phone as they have in the past.
Buttigieg, Sanders take the lead in Iowa - POLITICO
— The #IowaCaucusDisaster on Monday night could be bad news for ethanol. The biofuel sector has long held outsized sway in presidential politics, but that power could be in jeopardy now that people are seriously rethinking Iowa's spot at the front of the primary line.
— Farmer optimism jumped 11 percent in January as the new U.S.-China trade deal fueled high hopes for an uptick in agricultural exports, according to a monthly industry survey. But the White House is now cautioning that the "export boom" could be delayed because of the deadly coronavirus outbreak in China.
Fraud scandal at Elkhart company sparks bill to add new rules for payroll taxes | Local |
Supreme Court Ruling on Sales Taxes Opens Door to New Billions via Tech
There are about 12,000 sales taxes in the nation. And thanks to the Supreme Court decision in the 2018 case, South Dakota v. Wayfair Inc., businesses that sell products outside of their home state now have a greater responsibility to keep up with all of those different taxes.
Before the Supreme Court ruling, businesses only had to collect sales tax for out-of-state sales if they had a physical presence in the state where the purchase was made. That changed radically when SCOTUS removed the physical-presence requirement, and states established rules around the collection of remote online sales taxes in order to capitalize on the case’s implications.
Happening on Twitter
#Jaguars had one window of opportunity -- 2018 season - to strike the hot iron after reaching AFC title game. But f… https://t.co/Hdw9jynkQA ryanohalloran (from Denver, CO) Tue Feb 04 17:17:44 +0000 2020
"The final report contained clause 7.36: 'Re-appraise superannuation for First Nations people: their shorter life e… https://t.co/CIqcyCvm1x LukeLPearson (from Awabakal) Tue Feb 04 10:35:14 +0000 2020
"It's the first opportunity to show and not just tell our ability to succeed on the ground," presidential candidate… https://t.co/zKMFm6HCdF CNNnewsroom (from New York, NY) Sat Feb 01 20:44:16 +0000 2020
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