IRS Issues Press Release Regarding Tax Credit and Related Issues On Families First Coronavirus Response Act

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...

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Consumer Unity Trust Society

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...

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The Foreign Earned Income Exclusion (FEIE), Housing Exclusion (HE) and Housing Deduction (HD) And TIPRA (Tax Increase Prevention and Reconciliation Act of 2005

    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...

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