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Delivered Groceries May Not Be Taxable
The New Mexico Taxation and Revenue Department has issued new guidance regarding grocery deliveries’ being subject to gross receipts taxes. Under state law, food for home consumption is deductible from gross receipts if it is sold at a retail food store. The...
School-Related Leave Under FFCRA Clarified
As schools around the nation begin a new school year, the U. S. Department of Labor’s Wage and Hour Division (“WHD”) recently updated its Family First Coronavirus Response Act (“FFCRA”) Questions and Answers in anticipation of questions parents may have. Under FFCRA’s...
IRS Provides Guidance on Payroll Tax Deferral
In response to the president’s executive order on payroll tax deferral for employees, the IRS has released its initial notice regarding implementation. The following day, the U. S. Chamber of Commerce sent its members a guidance document, including a short summary...