IRS Highlights New Business Tax Account Features, FS-2024-27
The IRS announced that it is continuing to expand the features within Business Tax Account (BTA), an online self-service tool […]
Read MoreThe 2023 Florida motor fuel, diesel fuel, and aviation fuel tax rates are announced. Annual adjustments to the state fuel tax rates and the State Comprehensive Enhanced Transportation System (SCETS) tax rate based on the National Consumer Price Index are statutorily required.
2023 Motor Fuel Tax Rate
The 2023 motor fuel tax rate is increased from 19 cents to 20.2 cents per gallon. In addition:
the ninth-cent and local option rates vary by county;
the SCETS rate is increased from 8.3 cents to 8.6 cents per gallon; and
the inspection fee on motor fuel remains 0.125 cents per gallon.
2023 Diesel Fuel Tax Rate
The 2023 diesel fuel tax rate is increased from 19 cents to 20.2 cents per gallon. In addition:
the county tax rate (ninth-cent, SCETS, and local option tax rates) on diesel fuel is increased from 15.3 cents to 15.9 cents per gallon statewide; and
the total state and county rates on diesel fuel are increased from 34.3 cents to 36.1 cents per gallon statewide.
2023 Aviation Fuel Tax Rate
The 2023 aviation fuel tax rate remains the same at 4.27 cents per gallon. Tax Information Publication, No. 22B05-06, Florida Department of Revenue, November 17, 2022
The IRS announced that it is continuing to expand the features within Business Tax Account (BTA), an online self-service tool […]
Read MoreThe IRS has issued a series of questions and answers for 401(k) and similar retirement plans that provide, or wish […]
Read MoreThe IRS Whistleblower Office has recognized the contributions of whistleblowers on the occasion of National Whistleblower Appreciation Day, which falls on July […]
Read MoreThe floating interest rate applicable to taxes administered by the Florida Department of Revenue on underpayments (deficiencies) and late payments […]
Read MoreThe IRS has issued a reminder that summer day camp expenses may be eligible for the Child and Dependent Care tax […]
Read MoreThe IRS has updated frequently asked questions (FAQs) to provide guidance related to the critical mineral and battery component requirements […]
Read MoreThe IRS has warned taxpayers not to fall for scams centered around the Fuel Tax Credit, the Sick and Family […]
Read MoreThe IRS has issued a cautionary alert to taxpayers about a new scam exploiting clean energy tax credits. This emerging […]
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