iPolitics and Funding Portal Inc. announce content partnership amid national economic stimulus packages

PRESS RELEASE March 17, 2020 Toronto—The Government of Canada has announced an extraordinary process and extraordinary measures to stimulate the Canadian economy during the global pandemic. iPolitics is pleased to announce our newly signed partnership agreement with Fundingportal to bring readers a Federal Stimulus Series with a focus on industry endowments. Exclusively, iPolitics will be publishing Fundingportal’s weekly updates starting...

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City of Greenville

By law of the State of Texas, the City of Greenville collects a Hotel Occupancy Tax (HOT) from hotels, bed & breakfasts, and other lodging facilities. Under state law, the revenue from the HOT may be used only to directly promote tourism and the hotel and convention industry. Chapter 351 of the Tax Code states that the use of HOT...

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IRS Issues Press Release Regarding Tax Credit and Related Issues On Families First Coronavirus Response Act

The joint press release on March 20, 2020 from the IRS and the DOL[1] foreshadows several important pieces of guidance that the agencies intend to release this week. The following summarizes what the agencies intend to include in their guidance. Key points Tax credits are available for sick and child-care qualifying leave payments. Eligible employer tax credits will fully reimburse...

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