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 […]
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The American Bar Association offered the Internal Revenue Service a series of suggestions in response to a proposed regulation regarding supervisory approval of […]
Read MoreThe IRS announced transition relief for plan administrators, payors, plan participants, IRA owners, and beneficiaries in connection with the change to the required beginning date for required minimum […]
Read MoreThe IRS has announced that taxpayers will not be required to report the new Code Sec. 4501 excise tax on stock repurchases during a covered corporation’s tax […]
Read MoreAction is needed at the legislative level to address issues the Internal Revenue Service has with disaster relief, National Taxpayer Advocate Erin Collins said. In a pair of […]
Read MoreThe American Institute of CPAs has offered the Internal Revenue Service a series of recommendations on how the agency could […]
Read MoreThe IRS Electronic Tax Administration Advisory Committee(ETAAC) in a series of recommendations to the agency and Congress is looking for improvements in agency accountability as well as stressing […]
Read MoreThe additional funding provided to the Internal Revenue Service under the Inflation Reduction Act is already paying dividends when it comes to increased enforcement, agency Commissioner Daniel […]
Read MoreThe IRS today released an advance version of Rev. Proc. 2023-24 [PDF 1.5 MB] (462 pages), providing an updated annual list of automatic accounting method changes. Rev. Proc. 2023-24 updates and replaces Rev. Proc. […]
Read MoreThe floating interest rate applicable to taxes administered by the Florida Department of Revenue on underpayments (deficiencies) and late payments […]
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The sale, rental, and associated charges for the design, installation, removal, and storage of holiday decorations and lighting are subject […]
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The IRS has offered some tips to taxpayers about scammers using fake charities to exploit unsuspecting donors in the aftermath […]
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The IRS has provided a safe harbor under Code Sec. 213(d) for amounts paid for condoms. Because amounts paid for condoms are […]
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The IRS has made significant progress on Employee Retention Credit (ERC) claims, with processing underway on about 400,000 claims, worth […]
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The IRS has issued a warning to taxpayers to be cautious of unscrupulous promoters claiming to offer help in resolving […]
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The IRS Independent Office of Appeals (Appeals) today launched a pilot program as part of the IRS’ ongoing transformation efforts […]
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The IRS has encouraged taxpayers to register for an Identity Protection Personal Identification Number (IP PIN) to strengthen their defenses against tax-related […]
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