The Treasury and IRS have issued final regulations addressing the calculation of qualified business asset investment for qualified improvement property, […]
Read MoreFor 2022, the Social Security wage cap will be $147,000, and Social Security and Supplemental Security Income (SSI) benefits will […]
Read MoreThe Court of Appeals for the Second Circuit affirmed the district court’s judgment that the cap on the federal income […]
Read MoreThe IRS has reminded employers to check the Work Opportunity Tax Credit available for hiring long-term unemployment recipients and other […]
Read MoreThe IRS highlighted how expanded tax benefits help both individuals and businesses give to charity before the end of this […]
Read MoreThe IRS issued a notice clarifying the application of certain extensions granted under the Consolidated Omnibus Budget Reconciliation Act of […]
Read MoreThe IRS has published its latest Financial Report, providing insights into the Service’s current financial status and addressing key financial […]
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The IRS has published the amounts of unused housing credit carryovers allocated to qualified states under Code Sec. 42(h)(3)(D) for calendar year […]
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The IRS implemented measure to avoid refund delays and enhanced taxpayer protection by accepting e-filed tax returns with dependents already […]
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The IRS Advisory Council (IRSAC) released its 2024 annual report, offering recommendations on emerging and ongoing tax administration issues. As a […]
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The IRS announced details for the second remedial amendment cycle (Cycle 2) for Code Sec. 403(b) pre-approved plans. The IRS also addressed […]
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The IRS has offered a checklist of reminders for taxpayers as they prepare to file their 2024 tax returns. Following […]
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Amendment 5 was approved by Florida voters in the November 5, 2024, general election for property tax purposes. This amendment: […]
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The floating interest rate applicable to taxes administered by the Florida Department of Revenue on underpayments (deficiencies) and late payments […]
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