Federal and State tax laws change regularly. Check here often for updates on State and Federal Tax news for both business and individuals. Just click on the dates on the right sidebar to browse the recent postings.
July 1, 2018
- New Tax Law Could Penalize Victims of Sexual Harassment - Republicans are considering a fix to the so-called Harvey Weinstein provision in their new tax law that they acknowledge could inadvertently penalize victims of sexual harassment in the workplace. Section 162(q) of the Tax Code provides: “PAYMENTS RELATED TO SEXUAL HARASSMENT AND SEXUAL ABUSE. — No deduction shall be allowed . . . for (1) […]