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Due Dates

Be aware that, in response to the novel coronavirus (COVID-19) pandemic, the U.S. Treasury and IRS have already postponed several due dates, and they may postpone more. Due to the ongoing changes, many 2020 due dates aren't included here.

General Tax Policy

Optimism and an Exit Strategy?

Speaker Pelosi: Still optimistic for a coronavirus relief deal....

A Smaller Contraction, A Slowing Recovery, A Change of Heart?

OECD says the global economy won’t be quite so bad....

A New Study Suggests Congress Could Raise Money By Increasing Capital Gains Tax Rates To 47 Percent. But There Is A Catch

Democratic presidential candidate Joe Biden has proposed raising tax rates on long-term capital gains income for the highest-income investors from the current 23.8 percent to......

It ain’t over ’til it’s over.

Speaker Pelosi: House will remain in session until there’s a deal on coronavirus relief....

Unemployment Benefits Are Taxable Income: That May Reduce EITC Refunds Next Spring

Many low- and moderate-income households no doubt were assisted greatly by enhanced federal unemployment insurance benefits that they received earlier this year and would be......

No Time to Worry, or Wonder If

Mnuchin: “Now is not the time to worry about shrinking the deficit.”...

Patience Is A Virtue?

Additional coronavirus relief will wait, apparently....

Help Those In Need, Or Others?

McConnell’s “skinny” $500 billion coronavirus relief bill died in the Senate....

What Do People Think About Taxes? They Are Partisan, Dazed, And Confused

The newly published results of an extensive survey of public views on taxes find deep partisan divisions and a widespread lack of understanding about federal taxes....

Encouraging US Investment, Tracking a Recovery

Joe Biden proposes a new tax regime for multinational corporations....

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