Wednesday, March 18, 2020

Congress Issues Guidelines on Tax Credits under Families First ...

The bill has several pieces to help combat COVID-19, reported ACA International's Vice President and Senior Counsel of Federal Advocacy Leah Dempsey. There are also several aspects of it that small-business owners, including those in the ARM industry, should review for any impact on operations and tax planning.

The bill also outlines tax credits that can be provided for the leave. Many of the tax credit provisions are to take effect when the bill is enacted.

Publisher: ACA International
Date: 76B2CB88D3CD6E012B796A104EB66A75
Twitter: @acaintl
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Coronavirus: IRS delays tax payment deadline - silive.com

STATEN ISLAND, N.Y. – The treasury department and the Internal Revenue Service (IRS) are giving taxpayers a three-month grace period for tax payments, U.S. Treasury Secretary Steven Mnuchin announced Tuesday.

Taxpayers can delay payments on taxes due of up to $1 million by an additional 90 days. Corporate filers are also given a 90 day extension of payments of up to $10 million owed, Mnuchin said.

Publisher: silive
Date: 2020-03-18T14:26:51.438Z
Author: KristinDalton
Twitter: @SIAdvance
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Senate passes coronavirus legislative package
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National leaders working together | The Southwest Times

Go to Admin » Appearance » Widgets » and move Gabfire Widget: Social into that MastheadOverlay zone

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Tuesday provided evidence that President Donald Trump and leaders in Congress and the Senate are bridging previous divides as they work toward helping Americans affected by the COVID-19 virus.

Other announcements during the meeting included plan to potentially expand Medicare Telehealth options at no additional costs to patients. This would not only offer faster doctor/patient interactions, but allow patients to speak with their doctors without possibly infecting others.

Date: https://www.southwesttimes.com
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Dow briefly wipes out gains under Trump's presidency

President Donald Trump has long touted market gains under his administration as an endorsement of his economic policies and, on multiple occasions, boasted about the Dow Jones Industrial Average's gains under his tenure. That was before he was blindsided by an invisible microbe.

With the coronavirus spreading economic mayhem across the globe, the Dow's steep drop on Wednesday briefly pushed the 30-stock index below the level where it closed on Jan. 19, 2017, the day before Trump took office. The sell-off is part of a historic market meltdown that has wiped out years of gains in a matter of weeks.

Publisher: CNBC
Date: 2020-03-18T16:39:23 0000
Author: https www facebook com CNBC
Twitter: @CNBC
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Pope Resources Announces Availability Of Preliminary Proxy Statement/Prospectus Regarding

Readers should note that the information in the Form S-4 registration statement and the preliminary proxy statement/prospectus is not complete and is subject to change. Readers should carefully review the definitive proxy statement/prospectus once it becomes available because that document will contain important information about the transactions and the meeting.

Publisher: Chinook Observer
Author: Pope Resources Rayonier Inc
Twitter: @chinookobserver
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Lower carbon-capture costs could entice businesses to address climate change | Cronkite News -

"I'm here to strike against climate change," said Andrew Bletka, 13, who was among thousands of young Arizonans who marched to demand climate action in September. (Photo by Annika Tomlin/Cronkite News)

PHOENIX – The Environmental Plan proposed by Republican lawmakers looks to make permanent tax breaks for companies that reduce emissions through carbon capture and other means. The updated proposal, co-sponsored by Rep. David Schweikert of Arizona, comes as more Arizonans are calling for greater action on climate change.

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Publisher: Cronkite News - Arizona PBS
Date: 2020-03-18T19:28:09 00:00
Twitter: @cronkitenews
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Cruise Line Tax Exemption Under Fire As Trump Floats Bailout - Law360

Many of the first U.S. coronavirus cases came from cruises, which can be fertile grounds for the virus. The three major cruise line companies are all based in Miami even as they maintain offshore parent companies. (AP)

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