May 2018

IRS Issues Notice on State and Local Tax Deductions

The U.S. Department of the Treasury and the IRS have issued a notice stating that proposed regulations will be issued addressing the deductibility of state and local tax payments for federal income tax purposes. Notice 2018-54 also informs taxpayers that federal law controls the characterization of the …

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Staffing Employment Robust in April

Temporary help employment edged up 0.3% from March to April, and was 3.9% higher than in April 2017, according to seasonally adjusted data released today by the U.S. Bureau of Labor Statistics. Year-to-year staffing job growth has averaged 3.8% per month in the first four …

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