Newsletters

IRS Obsoletes Certain Rules for Deducting Pre-TCJA R&E Expenses, Rev. Rul. 2023-8

The IRS is obsoleting Rev. Rul. 58-74, 1958-1 CB 148, as of July 31, 2023. Rev. Rul. 58-74 generally allows a taxpayer that adopted […]

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Safe Harbor Deed Language Issued for Conservation Contribution Adjustments Required by the SECURE 2.0 Act, Notice 2023-30

The IRS has issued safe harbor deed language that may be used to amend eligible easement deeds intended to qualify for conservation contribution deductions under Code Sec. 170(f)(3)(B)(iii), to comply […]

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Abusive Tax Avoidance Schemes Round Out IRS "Dirty Dozen," IR-2023-67

The IRS closed out the 2023 Dirty Dozen campaign with a warning for taxpayers to beware of promoters peddling tax […]

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Taxpayers Warned Against Spearphishing; IRS Offers Tips to Avoid Scams, IR-2023-62

As part of the annual Dirty Dozen tax scams effort, the IRS and the Security Summit partners have urged taxpayers to be on the lookout for spearphishing emails. […]

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AICPA Makes Recommendations For IRA Funds

The American Institute of CPAs is recommending the Internal Revenue Service place a greater emphasis on service as the agency […]

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NTA Calls SOP A “Game Changer” But Remains Critical Of How IRA Funds Are Split

National Taxpayer Advocate Erin Collins offered both praise and criticism of the Internal Revenue Service’s Strategic Operating Plan outlining how […]

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IRS Releases Strategic Operating Plan to Improve Service, Reduce Deficit

On April 4, 2023, the Internal Revenue Service released the Strategic Operating Plan, which details the agency’s plans to use Inflation Reduction Act resources to transform the […]

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AICPA Requests Guidance for Tax Treatment of Digital Asset Losses

The American Institute of CPAs is calling on the Internal Revenue Service to issue guidance related to how digital asset losses affect tax obligations. “With the complexities and […]

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IRS Offers Top Tips to Make Tax Time Easier (IR-2025-19)

The IRS provided six tips to help taxpayers file their 2024 tax returns more easily. Taxpayers should follow these steps […]

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IRS Offers Top Tips to Make Tax Time Easier (IR-2025-19)

IRS Urges Taxpayers to Choose Tax Preparers Carefully to Protect Data (IR-2025-21)

The IRS reminded taxpayers to choose the right tax professional to help them avoid tax-related identity theft and financial harm. […]

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IRS Urges Taxpayers to Choose Tax Preparers Carefully to Protect Data (IR-2025-21)

IRS Highlights Essentials for Tax Filing (IR-2025-23)

The IRS encouraged taxpayers to make essential preparations and be aware of significant changes that may affect their 2024 tax […]

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IRS Highlights Essentials for Tax Filing (IR-2025-23)

FL - Guidance provided for insurers that pay the state fire marshal regulatory assessment

Guidance is provided for property and casualty insurers that write inland marine insurance and pay the State Fire Marshal Regulatory […]

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FL - Guidance provided for insurers that pay the state fire marshal regulatory assessment

2025 Standard Mileage Rates Released (Notice 2025-5; IR-2024-312)

The IRS released the optional standard mileage rates for 2025. Most taxpayers may use these rates to compute deductible costs […]

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2025 Standard Mileage Rates Released (Notice 2025-5; IR-2024-312)

IRS Introduces New Measures to Combat Tax Scams During 2025 Filing Season (IR-2025-12)

The IRS, in partnership with the Coalition Against Scam and Scheme Threats (CASST), has unveiled new initiatives for the 2025 […]

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IRS Introduces New Measures to Combat Tax Scams During 2025 Filing Season (IR-2025-12)

IRS Reminds Taxpayers of Disaster Deadlines (IR-2025-1)

The IRS reminded disaster-area taxpayers that they have until February 3, 2025, to file their 2023 returns, in the entire […]

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IRS Reminds Taxpayers of Disaster Deadlines (IR-2025-1)

IRS to Issue Automatic Recovery Rebate Credit Payments for 2021 Tax Year (IR-2024-314)

The IRS has announced plans to issue automatic payments to eligible individuals who failed to claim the Recovery Rebate Credit on their […]

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IRS to Issue Automatic Recovery Rebate Credit Payments for 2021 Tax Year (IR-2024-314)

FL - Motor vehicle sales tax rates by state issued

Florida has issued motor vehicle sales tax rates by state as of January 15, 2025. Florida law allows a partial […]

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FL - Motor vehicle sales tax rates by state issued

FL - 2025 governmental leasehold intangible tax valuation factor table released

For purposes of calculating the 2025 intangible personal property tax on governmental leaseholds, the Florida Department of Revenue has issued […]

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FL - 2025 governmental leasehold intangible tax valuation factor table released