Newsletters

Tax Professionals Warned of Evolving Identity Theft Scams, IR-2022-143

The IRS and the Security Summit partners have warned tax professionals to beware of evolving identity theft scams perpetrated through […]

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Retirement Amendment Deadlines Extended to Reflect SECURE Act, Miners Act, and CARES Act, Notice 2022-33

The IRS has extended the deadlines for amending a retirement plan or individual retirement arrangement (IRA) to reflect certain provisions […]

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Final Regulations Remove Code Sec. 754 Election Signature Requirement, TD 9963

The Treasury and IRS have issued final regulations eliminating the signature requirement for making a Code Sec. 754 election (section 754 election). […]

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AICPA Concerned Over IRS Practitioner Priority Service Line Problems

The American Institute of CPAs highlighted several challenges that tax practitioners are experiencing with the use of the Internal Revenue […]

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AICPA Offers Comments on Green Book Trust and Estate Tax Proposals

The American Institute of CPAs offered up suggestions to Congress, focused on the trust and estate proposals found within the […]

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President Biden Signs Inflation Reduction Act Into Law

President Biden, on August 16, 2022, signed the Inflation Reduction Act ( P.L. 117-169) into law following its passage along party […]

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CHIPS and Science Act Becomes Law

President Biden signed the CHIPS and Science Act into law after it received bipartisan support in both the House of […]

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Yellen Seeks Plan From IRS Regarding New Funds

Department of the Treasury Secretary Janet Yellen is seeking a detailed plan from the Internal Revenue Service on how it […]

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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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FL - Interest rates for first half of 2025 announced

FL - Guidance provided on taxability of holiday decorations and lighting

The sale, rental, and associated charges for the design, installation, removal, and storage of holiday decorations and lighting are subject […]

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FL - Guidance provided on taxability of holiday decorations and lighting

IRS Warns of Charity Scams Following Hurricanes Milton and Helene, IR-2024-269

The IRS has offered some tips to taxpayers about scammers using fake charities to exploit unsuspecting donors in the aftermath […]

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IRS Warns of Charity Scams Following Hurricanes Milton and Helene, IR-2024-269

IRS Provides Safe Harbor for Amounts Paid for Condoms, Notice 2024-71

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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IRS Provides Safe Harbor for Amounts Paid for Condoms, Notice 2024-71

IRS Urges Taxpayers to Enroll for IP PIN Ahead of 2025 Filing Season, IR-2024-278

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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IRS Urges Taxpayers to Enroll for IP PIN Ahead of 2025 Filing Season, IR-2024-278

IRS Accelerates Work on Employee Retention Credit Claims, IR-2024-263

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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IRS Accelerates Work on Employee Retention Credit Claims, IR-2024-263

IRS Warns Taxpayers About Scams by Offer in Compromise Mills, IR-2024-243

The IRS has issued a warning to taxpayers to be cautious of unscrupulous promoters claiming to offer help in resolving […]

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IRS Warns Taxpayers About Scams by Offer in Compromise Mills, IR-2024-243

IRS Appeals Secure Messaging Program Office Launches Corporate Group Mailbox Pilot, IR-2024-247

The IRS Independent Office of Appeals (Appeals) today launched a pilot program as part of the IRS’ ongoing transformation efforts […]

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IRS Appeals Secure Messaging Program Office Launches Corporate Group Mailbox Pilot, IR-2024-247

FL - Updated electronic address and jurisdiction database issued for determination of premiums situs

An updated electronic address and jurisdiction database is issued for the determination of Florida insurance premiums tax to the proper […]

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FL - Updated electronic address and jurisdiction database issued for determination of premiums situs

FL - Guidance provided on sales and reporting of dyed diesel fuel during hurricane helene penalty relief period

Consistent with the Hurricane Helene penalty relief announced by the Internal Revenue Service (IRS), the Florida Department of Revenue is […]

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FL - Guidance provided on sales and reporting of dyed diesel fuel during hurricane helene penalty relief period