In case you are keeping track:
Are you receiving unemployment? Read this before filing your taxes - MarketWatch
Millions of Americans have lost their job during the COVID-19 outbreak and are relying on unemployment benefits as they pay their bills and re-start their career.
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Without some planning, they could also face a future problem — an unanticipated, unbudgeted tax bill in 2021.
“ 'There will definitely be some people who are going to be surprised at tax time next year and I'd like to minimize that.' ”
B-SB budget plan would hold the line on taxes and reduce spending slightly | Local |
Authorized spending would be reduced slightly under a preliminary plan for the next Butte-Silver Bow budget, most capital expenses would be for projects already funded and vacant positions would not be filled — at least not immediately.
The bottom-line for many residents every year is whether the county budget will raise their taxes. The answer to that, officials say, is no.
The "status quo" approach taken by county Chief Executive Dave Palmer and Budget Director Danette Gleason is rooted in COVID-19 and response restrictions that closed or curtailed numerous businesses and put many people out of work, at least temporarily.
Got questions about taxes?
And here's another article:
Orange County Convention Center expansion on hold after tourism taxes drop off amid virus
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ORANGE COUNTY, Fla. – Plans for another addition to the Orange County Convention Center have been put on hold, according to county Mayor Jerry Demings, due to the economic fallout from the coronavirus.
County tourism-related projects like the convention center expansion are funded in part by taxes generated from hotel stays in Orange County, known as tourism development tax, or TDT collections.
Tech Giants to Face EU Legal Push on Content, Competition, Taxes - WSJ
BRUSSELS—Big tech companies including Google parent Alphabet Inc., Amazon.com Inc. and Facebook Inc. face a swath of proposed European regulations aimed at curbing their alleged anticompetitive behavior, making them pay more taxes and compelling them to shoulder more responsibility for illegal content on their platforms, said a top European Union official.
Seattle City Council passes ‘JumpStart’ tax on high salaries paid by big businesses
“This is a huge win,” Mosqueda said. “This is about caring for Seattleites.”
Monday’s 7-2 vote represents a breakthrough in a long-running debate at City Hall about how to address the housing and homelessness crises that have in recent years accompanied Seattle’s tech-business and construction boom.
The council and Mayor Jenny Durkan passed a per-employee “head tax” on large corporations in 2018 that would have raise $47 million per year. But they repealed that measure less than a month later under pressure from Amazon, other businesses and many voters, with critics warning the tax could discourage job growth and raising concerns about inefficient spending.
Deep cuts but no new taxes in Nevada governor's budget | Govt-and-politics |
The report calls for "deep cuts in services and proposals" and says budget balancing efforts addressed in the Legislature's upcoming special session will not include passing any new taxes.
"Considering any new revenue streams would require substantial time to setup, administer, and implement, they are not viable as an immediate option to address this emergency situation," the report says.
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