Expanded tax benefits can help both individuals and businesses give to charity before the end of this year, the Internal Revenue Service said.The Taxpayer Certainty and Disaster Tax Relief Act of 2020, enacted last December, provides several provisions to help individuals and businesses who give to charity. The new law...
CLA (CliftonLarsonAllen LLP)Director – State and Local Tax (SALT)Jenni RegimbalEmployees you oversee: N/A. I technically oversee employees all over the country given the nature of my work, but the number varies constantly.Brief background of your business:At CLA, we’re experienced in delivering integrated wealth advisory, outsourcing, audit, tax and consulting services...
Washington’s new tax on big banks operating in the state does not violate the Constitution’s prohibition against restrictions on interstate commerce.In a Sept. 30 ruling, the Washington State Supreme Court ruled the tax does not discriminate against interstate commerce because it applies to Washington-related income regardless of whether the bank...