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 IRS identified drought-stricken areas where tax relief is available to taxpayers that sold or exchanged livestock because of drought. […]
Read MoreSenate Finance Committee Chairman Ron Wyden has indicated to the Internal Revenue Service what his expectations for the recently allocated […]
Read MoreThe American Institute of CPAs has posted comments on guidance recently issued by the Internal Revenue Service regarding the deductibility […]
Read MoreThe IRS has released the annual inflation adjustments for 2023 for the income tax rate tables, plus more than 60 […]
Read MoreThe 2023 cost-of-living adjustments (COLAs) that affect pension plan dollar limitations and other retirement-related provisions have been released by the […]
Read MoreFor 2023, the Social Security wage cap will be $160,200, and social security and Supplemental Security Income (SSI) benefits will […]
Read MoreThe IRS has released the 2022-2023 special per diem rates. Taxpayers use the per diem rates to substantiate certain expenses […]
Read MoreThe Financial Crimes Enforcement Network (FinCEN) has issued a final rule implementing the beneficial ownership information reporting provisions under the […]
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 encouraged taxpayers to register for an Identity Protection Personal Identification Number (IP PIN) to strengthen their defenses against tax-related […]
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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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