Sunday, November 1, 2020

HSA Crash Course: Rules, Regulations and Tax Issues | PLANSPONSOR

The first day of the 2020 PLANSPONSOR HSA Conference featured a detailed panel discussion about the rules and regulations impacting the provision and operation of health savings accounts (HSAs).

Speakers on the digital panel included Katie Bjornstad Amin, a principal with Groom Law Group, and J. Kevin McKechnie, founder and executive director of the HSA Council at the American Bankers Association. The pair took time to dive into the heart of HSA regulations and did not shy away from the highly technical aspects of HSA management and optimization .

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Date: 2020-10-28T12:25:13-04:00
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Quite a lot has been going on:

2020 Ballot Measure Election Results | Tax Foundation

On Election Day, we will be tracking the results as they come in, with updates both here and on Twitter .

Alaska Ballot Measure 1 would increase the Oil Production Tax on high-producing fields in the North Slope by applying an alternative gross minimum tax or an additional production tax.

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Arizona Proposition 207 would legalize recreational marijuana and tax retail sales at 16 percent of retail price. ( Analysis )

Publisher: Tax Foundation
Date: 2020-10-30T16:00:28-05:00
Twitter: @taxfoundation
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John Hancock Tax-Advantaged Dividend Income Fund Notice to Shareholders - Sources of Distribution

BOSTON , Oct. 30, 2020 /PRNewswire/ - John Hancock Tax-Advantaged Dividend Income Fund (NYSE: HTD ) (the "Fund"), a closed-end fund managed by John Hancock Investment Management LLC and subadvised by both Manulife Investment Management (US) LLC, and Wells Capital Management Incorporated, announced today sources of its monthly distribution of $0.1380 per share paid to all shareholders of record as of October 13, 2020 , pursuant to the Fund's managed distribution plan.

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This notice provides shareholders of the John Hancock Tax-Advantaged Dividend Income Fund (NYSE: HTD ) with important information concerning the distribution declared on October 1, 2020 , and payable on October 30, 2020 . No action is required on your part.

Date: 9D28F7743C790DD88F2D9C7375EF7ED5
Author: John Hancock Investment Management
Twitter: @PRNewswire
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Accounting & tax: The global and local complexities holding multinationals to account |

Drivers of complexity for the top five most complex accounting and tax jurisdictions are frequent, and rapidly enforced changes in legislation can often lack clarity and be challenging to understand. Another key driver is having varying tax regimes and multiple layers of tax regulations within a jurisdiction. This is particularly apparent in South America, which houses three of the five most complex accounting and tax environments.

Publisher: International Tax Review
Twitter: @intltaxreview
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Many things are taking place:

East Texas Ag News: Agricultural businesses should consider special tax regulations and allowances

ANGELINA COUNTY, Texas (KLTV) -It happened again this week. A couple had inherited some rural land and they wanted to keep it, perhaps turn it into an agricultural business. Above all, they had lots of questions and wanted to understand the myriad of taxes and regulations that seem to baffle those outside of the agricultural world.

First of all, putting aside all politics, our government is generally very helpful with taxes and regulations regarding true agricultural producers (farmers and ranchers). I believe this is a well-intentioned effort to support the production of food and fiber. There are lower property taxes for agricultural land and Texas doesn't charge sales tax for items used in ag production.

Publisher: https://www.kltv.com
Date: 2020-10-08T20:31:55.237Z
Author: Cary Sims
Twitter: @KLTV7
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Is tax avoidance ethical? Asking for a friend

Erin Bass does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

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While Joe Biden boasted of releasing "22 years of tax returns," President Donald Trump addressed reports that he paid as little as $750 in annual federal taxes . "I prepaid millions and millions of dollars," he countered. It was a different strategy from four years earlier, when Trump in a debate against Hillary Clinton declared himself "smart " for not paying taxes.

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Publisher: The Conversation
Author: Erin Bass
Twitter: @ConversationUS
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How Taxes Could Change After the Election

There are three probable outcomes to the November elections and each will differently affect the likelihood and potential shape of changes to the tax code:

President Trump wins reelection, the Senate stays under Republican control, and the House remains under Democratic control. Under this scenario major changes to the tax code or to tax regulations may be limited, but proposals will be made on both sides of the aisle that could gain traction so will bear watching. House Democrats would be expected to continue to push the party's tax agenda, including claw backs of the 2017 Tax Cuts and Jobs Act (TCJA), i.e.

Publisher: The National Law Review
Date: 5493B547C0AB527FF4CF8C4D0127302A
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Colorado DOR Adopts Excise Tax Regulations Concerning Alcoholic Beverage Licensing, Consignment,
Twitter: @tax
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