FL - Interest rates for first half of 2025 announced
The floating interest rate applicable to taxes administered by the Florida Department of Revenue on underpayments (deficiencies) and late payments […]
Read MoreHillsborough County residents and non-residents who can verify taxable expenditures with receipts or other documentation will receive compensation equal to the amount of their Florida sales surtax payments. Alternatively, taxpayers who lived in Hillsborough County any time during 2019 to March 15, 2021, and either cannot or do not wish to provide proof of taxable purchases, can claim a standard award of up to $100 if they can establish their residency for some or all of the time the surtax was imposed. To receive a refund, eligible persons must submit a claim via Hillsborough County Surtax Settlement Program? by December 31, 2024.
During the 2024 legislative session, ?state lawmakers approved a plan for disposition of the Hillsborough transportation surtax collected between January 1, 2019, and March 15, 2021. The surtax was passed by Hillsborough County voters in 2018, and ruled unconstitutional by the Florida Supreme Court in 2021. The court signed an order providing for preliminary approval of the class action settlement. The hearing for the final approval of the settlement is scheduled for November 7, 2024. Hillsborough County Sales Surtax Refund, Florida Department of Revenue, September 2024
The floating interest rate applicable to taxes administered by the Florida Department of Revenue on underpayments (deficiencies) and late payments […]
Read MoreThe sale, rental, and associated charges for the design, installation, removal, and storage of holiday decorations and lighting are subject […]
Read MoreThe IRS has offered some tips to taxpayers about scammers using fake charities to exploit unsuspecting donors in the aftermath […]
Read MoreThe IRS has provided a safe harbor under Code Sec. 213(d) for amounts paid for condoms. Because amounts paid for condoms are […]
Read MoreThe IRS has encouraged taxpayers to register for an Identity Protection Personal Identification Number (IP PIN) to strengthen their defenses against tax-related […]
Read MoreThe IRS has made significant progress on Employee Retention Credit (ERC) claims, with processing underway on about 400,000 claims, worth […]
Read MoreThe IRS has issued a warning to taxpayers to be cautious of unscrupulous promoters claiming to offer help in resolving […]
Read MoreThe IRS Independent Office of Appeals (Appeals) today launched a pilot program as part of the IRS’ ongoing transformation efforts […]
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