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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Guidance is provided regarding the Florida sales tax holiday on tools commonly used by skilled trade workers, which is held from September 2, 2023, through September 8, 2023.
Applicability of Holiday
During the “Tool Time” sales tax holiday, sales tax is not due on the retail sale of eligible items related to such tools.
Holiday Restrictions
The holiday does not apply to:
rentals of any eligible items; and
sales made within a theme park, entertainment complex, public lodging establishments, and airports.
Tax Information Publication, No. 23A01-07, Florida Department of Revenue, August 1, 2023
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 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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