State revenue loss due to COVID-19 not as bad as feared
Most states wrapped up their 2020 fiscal year (FY) on June 30. As you might expect, those annual financial numbers were affected by the COVID-19 pandemic. What is surprising, however, is that states’ revenue situations weren’t as bad as many had...
Oregon fire victims’ tax deadlines pushed to Jan. 15, 2021
Tax season 2020 has been extended for some taxpayers. Unfortunately, the extra time to take care of tax tasks is because these individuals and businesses were threatened are dealing with the outbreak of wildfires in Oregon. The Internal Revenue...
Dec. 31 is new tax deadline for Louisiana taxpayers hit by Hurricane Laura
Louisiana residents hard hit by major Hurricane Laura’s landfall in that state last month now are getting some tax relief. The Internal Revenue Service has announced that residents in 16 parishes now have until Dec. 31, 2020, to file various individual and...
529 plans, other tax breaks help cover education expenses, even during a pandemic
School is back in session. Sort of. In most places, both at the K-12 and college levels, students and their families are dealing with hybrid education modes. Some classes are meeting in person, albeit dramatically altered to meet COVID-19 safe distancing...Lorem Ipsum is simply dummy text of the printing and typesetting industry. dummy text of the printing Ltting industry.
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