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 MoreThe IRS announced tax relief for certain individuals and businesses affected by terrorist attacks in the State of Israel throughout […]
Read MoreThe IRS has released the 2024-2025 special per diem rates. Taxpayers use the per diem rates to substantiate certain expenses […]
Read MoreThe U.S. Department of the Treasury announced it has recovered $172 million from 21,000 wealthy taxpayers who have not filed […]
Read MoreThe Internal Revenue Service has made limited progress in developing a methodology that would help the agency meet the directive […]
Read MoreNational Taxpayer Advocate Erin Collins is working to address deficiencies highlighted by the Treasury Inspector General for Tax Administration regarding […]
Read MoreThe IRS has highlighted important tax guidelines for taxpayers who are involved in making contributions and receiving distributions from online […]
Read MoreThe IRS has significantly improved its online tools, using funding from the Inflation Reduction Act (IRA), to facilitate taxpayers in […]
Read MoreFinal regulations on consistent basis reporting have been issued under Code Secs. 1014 and 6035. Consistent Basis Requirement The general rule is that […]
Read MoreThe 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 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 […]
Read MoreThe 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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