IRS extended individual tax deadline from April 15 to May 17, 2021, as a pandemic relief measure, offering taxpayers extra time.
|Lowndes Taxing Times Blog- |Article
New COVID relief package permits businesses to deduct expenses covered by forgiven PPP loans, offering potential tax benefits.
|Lowndes Taxing Times BlogThe U.S. Treasury and IRS announced proposed regulations exempting pass-through entities from the $10,000 cap on state and local tax deductions, clarifying Tax Cuts and Jobs Act provisions.
- Europe’s Top Court Decision May Halt Trillion Dollar U.S. Data Transfer Business Partnership with EU
A landmark European Court decision challenges U.S. surveillance laws, impacting transatlantic data partnerships.
