Tax News Highlights

Tax News Highlights

Feb. 20, 2014


Federal Tax

Refund Opportunities for Payroll Taxes on Severance Payments and Same-Sex Benefits End April 15  

Businesses must act now to gather information prior to the filing deadline.

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IRS Determines Manufacturers Not Required to Capitalize Construction Payments to Retailers 

IRS allows current deductions for construction support payments to retailers.

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State Tax

New York Executive Budget Includes Tax Reform Proposals 

Changes would radically alter New York taxation if enacted.

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Howard Wagner
502.420.4567
howard.wagner@crowehorwath.com
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Howard M. Wagner
Partner, National Tax Services