Milei's Rift With His Vice President Now ‘Undoubtedly a Crisis'
'That is undoubtedly a crisis — not an institutional one, but a political crisis — within the government,' Cabinet Chief Guillermo Francos told local television channel DNews in a clip aired Wednesday afternoon. 'There is a rift between the president of the nation and the vice president.'
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AICPA survey shows US tax relief need post-natural disasters
A recent survey by American Institute of CPAs (AICPA) has highlighted the need for improved tax relief measures for Americans affected by natural disasters. The findings suggest that American populace is in favour of the Internal Revenue Service (IRS) extending its tax relief measures beyond the initial timeframe set following emergency declarations. The survey, conducted by The Harris Poll, revealed that 35% of respondents see value in a prolonged period for filing taxes and payment relief from the IRS after a natural disaster. This viewpoint is underscored by the recently revealed finding that nearly 32% of Americans have not taken measures to secure their financial interests against such calamities. Additionally, the survey suggests a room for improvement in IRS processes, with 29% of participants requesting tax filing extensions in disaster scenarios would be beneficial. Another 21% believe that the IRS could better manage the situation by setting staggered deadlines for tax relief for individuals and businesses after a disaster. The experiences of Americans who have previously faced natural disasters were also examined. Among the 43% who reported being affected by such events, a diverse range of experiences with federal tax relief was noted: 11% received assistance in under a month, 25% within one to six months, 28% in six months to a year, and 14% waited more than a year. Notably, 22% did not receive any tax relief from the federal government. AICPA tax policy & advocacy vice president Melanie Lauridsen said: 'These poll results clearly show that Americans are in need of additional and more immediate relief from the federal government during these challenging times.' Congress has passed a bipartisan law with unanimous support, which is now pending presidential approval. This legislation is intended to address the need for more relief mechanisms following state disaster declarations, potentially offering a framework for those impacted by natural disasters. Lauridsen added: 'This new law is a win for taxpayers nationwide. The timeliness of tax filing and payment relief following a disaster, especially when disasters strike close to filing deadlines, can give taxpayers one less thing to worry about as they begin the process of rebuilding.' "AICPA survey shows US tax relief need post-natural disasters " was originally created and published by The Accountant, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
