Monday, April 01, 2019

With new SALT limit, IRS explains tax treatment of state and local tax refunds

WASHINGTON — The Internal Revenue Service clarified the tax treatment of state and local tax refunds arising from any year in which the new limit on the state and local tax (SALT) deduction is in effect.

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European Parliament: AI Act: deal on simplification measures, ban on “nudifier” apps

The agreement between EU co-legislators aims to make it easier for providers to comply with the AI Act, while maintaining its main provision...