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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Florida provides guidance regarding the two 2023 back-to-school sales tax holidays, which will be held on: July 24, 2023, through […]
Read MoreFlorida enacted legislation that: repeals the corporate income tax credit for spaceflight projects and the provisions for the expiring new […]
Read MoreFlorida enacted legislation that updates the IRC conformity tie-in date for computing corporate income tax liability from January 1, 2022 […]
Read MoreThe IRS has informed taxpayers who make energy improvements to their existing residence including solar, wind, geothermal, fuel cells or […]
Read MoreThe IRS has modified Notice 2014-21 to remove Background section information stating that virtual currency does not have legal tender status in […]
Read MoreThe IRS and Department of the Treasury announced that public hearings conducted by the Service will no longer conduct public hearings on notices of proposed rulemaking solely by telephone […]
Read MoreThe IRS has updated the Allowable Living Expense (ALE) Standards, effective April 24, 2023.The ALE standards reduce subjectivity when determining what a taxpayer may claim as basic living expenses to avoid undue hardship […]
Read MoreThe IRS has released the 2024 inflation-adjusted amounts for health savings accounts under Code Sec. 223. For calendar year 2024, the annual limitation on deductions under Code Sec. 223(b)(2) for an […]
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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