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 More
The 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 IRS addressed the following common myths about tax refunds: Myth 1: Calling the IRS or visiting an IRS office […]
Read MoreThe IRS has reminded taxpayers of reporting and potential tax obligations from working in the gig economy, making virtual currency […]
Read MoreThe IRS has issued frequently asked questions (FAQs) for the 2021 Earned Income Tax Credit (EITC) to educate eligible taxpayers […]
Read MoreThe floating interest rate applicable to taxes administered by the Florida Department of Revenue on underpayments (deficiencies) and late payments […]
Read More
The sale, rental, and associated charges for the design, installation, removal, and storage of holiday decorations and lighting are subject […]
Read More
The IRS has offered some tips to taxpayers about scammers using fake charities to exploit unsuspecting donors in the aftermath […]
Read More
The IRS has provided a safe harbor under Code Sec. 213(d) for amounts paid for condoms. Because amounts paid for condoms are […]
Read More
The IRS Independent Office of Appeals (Appeals) today launched a pilot program as part of the IRS’ ongoing transformation efforts […]
Read More
The IRS has encouraged taxpayers to register for an Identity Protection Personal Identification Number (IP PIN) to strengthen their defenses against tax-related […]
Read More
The IRS has made significant progress on Employee Retention Credit (ERC) claims, with processing underway on about 400,000 claims, worth […]
Read More
The IRS has issued a warning to taxpayers to be cautious of unscrupulous promoters claiming to offer help in resolving […]
Read More
