Tax laws

How New Tax Laws Affect Tax Exempt Organizations

The Internal Revenue Service says it wants tax-exempt organizations to be aware of recent tax law changes that may affect them. The Taxpayer Certainty and Disaster Tax Relief Act, passed on December 20, 2019, includes several provisions that may apply to current and previous tax years of tax-exempt organizations. Repeal of the “parking tax” for […]

Tax regulations

Airbnb to be the first target of Poland’s digital tax regulation

Poland: Tadeuz Koscinski, the new Polish finance minister, today announced his intention to implement a tax on Airbnb operators in Poland. The latest projects from European leaders to understand and regulate Airbnb, FT reports that Koscinski seeks to tax not only the operators, but the company itself. “If we’re going to make sure that everyone […]

Tax laws

New Virginia Tax Laws Effective January 1, 2020

CHARLOTTESVILLE, Va. (WVIR) – As Virginians ring in the new year, new tax laws are taking effect across the Commonwealth. Starting January 1, 2020, a number of new laws will change the way Virginians shop and pay taxes. A law is a reduction in the sales tax on certain products considered essential hygiene products. The […]