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 Internal Revenue Service continues to struggle with issues related to staff shortages, the Treasury Inspector General for Tax Administration […]
Read MoreA recent report by the Treasury Inspector General for Tax Administration primarily focused on the need for the Internal Revenue […]
Read MoreWASHINGTON–The Internal Revenue Service’s Independent Office Of Appeals has seen its cycle times for handling appeals cases stretch to more […]
Read MoreThe IRS has provided a waiver for any individual who failed to meet the foreign earned income or deduction eligibility […]
Read MoreThe Supreme Court reversed and remanded a Court of Appeals decision and held that Code Sec. 6330(d)(1)’s 30-day time limit to […]
Read MoreThe Government Accountability Office (GAO) has issued a report on IRS’ performance during the 2021 tax filing season. The report […]
Read MoreThe gap between taxes owed and taxes collected by the Internal Revenue Service could be approaching $1 trillion, IRS Commissioner […]
Read MoreInternal Revenue Service Commissioner Charles Rettig remained positive that the agency will be able to return to a normal backlog […]
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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