The joint press release on March 20, 2020 from the IRS and the DOL[1] foreshadows several important pieces of guidance that the agencies intend to release this week. The following summarizes what the agencies intend to include in their guidance. Key points Tax credits are available for sick and child-care qualifying leave payments. Eligible employer tax credits will fully reimburse...
Press Release: THE FAIR TAX MONITOR REPORT UNDERSCORES ZAMBIA’S TIGHT FISCAL POSITION 22/09/20 Government expenditure has outpaced its resource mobilisation which has led to an increasing fiscal deficit which stood at 9.1 percent of GDP at the end of 2019. Zambia’s fiscal performance remains a challenge as debt levels were recorded at over 70 percent of GDP in 2019. This...
New York, NY 15 September 2020 — Deloitte today reported aggregate global revenue of US$47.6 billion for the fiscal year ending 31 May 2020 (FY2020), a 5.5 percent increase in local currency* and 3.9 percent increase in US dollars. In the first nine months of FY2020, prior to the effects of the pandemic and global slowdown, the aggregate growth rate...
NEW YORK, NY, May 30, 2020 /24-7PressRelease/ — Founder at Protax Consulting Services, Marc J Strohl CPA, has just revealed essential information that U.S. expatriates need to consider when seeking a U.S. international assignment specialist. For more information please visit Protax Consulting Services, Inc.[1] (“Protax”). TIPRA Changes: FEIE: Effective January 1, 2006 as amended by IRC Sec. 515 of the...