Tuesday, October 6, 2020

Proposition 15: The new tax and who it effects, explained | KMPH

Publisher: KMPH
Date: 2020-10-05T21:05:40 00:00
Author: Marie Edinger
Twitter: @kmphfox26
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Many things are taking place:

Five EY Tax Leaders Share Their 2021 Outlook
Twitter: @tax
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Ross McKitrick: If carbon taxes work, why all the new regulations?

Emission pricing makes sense if it is used instead of, not on top of, regulation. David Paul Morris/Bloomberg

Unfortunately, most Canadian economists were happy to do the light lifting of telling governments why they should introduce a new tax, but very few wanted to help with the heavy lifting of convincing the same governments they first needed to repeal renewable energy mandates, home retrofit subsidies, ethanol mandates, electric vehicle subsidies, appliance efficiency standards, new energy efficiency codes for buildings, new motor vehicle fuel regulations, coal phaseouts, and a host of other

Publisher: The Kingston Whig-Standard
Date: October 6 2020
Twitter: @whigstandard
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Remote Work Boom Complicates State Income Taxes | The Pew Charitable Trusts

For five years, educational technology specialist Loree Sullivan commuted from her home in Salem, New Hampshire, to her job at a private school in Andover, Massachusetts, driving about half an hour each way.

Because she was working in Massachusetts, she had to pay that state’s income tax for every day she worked there. She loves her job, but commuting out of state was a financial hit, since New Hampshire doesn’t have an income tax.

Sullivan objects, noting, “I’m not using the roads, I’m not taking up space” in Massachusetts, and “I have no representation there.”

Twitter: @pewtrusts
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And here's another article:

Tag Agencies, rules and regulations you'll need to know before you go

TULSA, Okla. — Going to the tag agency used to take an hour, two or less, but now things have changed.

Some concerned viewers reached out to 2 Works for You, frustrated with wait times, and telling us they were being turned away after trying to renew their license.

The long wait times, and confusing rules, it's due to a flood of people trying to get their Real I-D.

At the Central Tag Agency, if you want to be seen, you have to book an appointment well ahead of time.

Publisher: KJRH
Date: 2020-10-06T08:33:14.233
Author: https www kjrh com tatianna
Twitter: @KJRH2HD
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James Skoufis, Steve Brescia face off for 39th Senate District seat

James Skoufis was only 31 but already had been a state assemblyman and Woodbury councilman for nine years when he was elected in 2018 to succeed longtime Republican Sen. Bill Larkin.

The Cornwall Democrat, part of a wave of Democratic victors who ended Republicans' longtime control of the Senate, is now running for a second term and being challenged by Republican Steve Brescia, a seasoned office holder who has been on the Orange County Legislature for 26 years and mayor of the Village of Montgomery for 30 years.

Publisher: Times Herald-Record
Author: Chris McKenna
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United States: IRS proposes regulations further limiting Attorney outside Contractor

The Internal Revenue Service (IRS) has issued new proposed regulations that would further limit the IRS's ability to use private attorneys as contractors. The newly proposed regulations, published on 7 August 2020 ("2020 Proposed Regulations"), replace proposed regulations issued in 2018.

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On 14 July 2016, the IRS published final regulations (T.D. 9778) under Code Section 7602 ("2016 Final Regulations"). The 2016 Final Regulations permitted, among others, nongovernmental attorneys who serve as contractors to participate fully in the interview of a person who the IRS has summoned as a witness to provide testimony under oath.

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Final regulations - Foreign partner's U.S.

Given the overall development of the secondaries market and the increasing volume and size of secondary funds, the U.S. tax and withholding regime that applies to a foreign partner transferring an interest in a partnership that is engaged in a U.S. trade or business, enacted as part of 2017 U.S. tax reform, has become an important consideration in structuring and negotiating secondary transactions, even those transactions that do not involve U.S. investments.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

Publisher: JD Supra
Twitter: @jdsupra
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