Tax Alerts

IRS Reminds Employers of Penalty Relief Related to Claims for Employee Retention Credit, IR-2022-89

The Treasury Department and the IRS have received requests from taxpayers for relief from penalties arising when additional income tax […]

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Money Received Through Crowdfunding May be Taxable, FS-2022-20

The IRS stated that a crowdfunding website or its payment processor may be required to report distributions of money raised […]

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FL – IRC conformity legislation sent to governor

The Florida Senate approved and sent to Gov. Ron DeSantis legislation that would modify the IRC conformity tie-date for computing […]

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IRS Announces New Option for Signing Up For Online Accounts, IRS Statement — New features put in place for IRS Online Account registration; process strengthened to ensure privacy and security

The IRS has made a new option available in the agency’s authentication system for taxpayers to sign up for IRS […]

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Taxpayer Experience Office Established

The IRS has established the first Taxpayer Experience Office (Office). The IRS will soon begin taking additional steps to expand […]

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IRS Releases Second Quarter Guidance Update

The Treasury and IRS have released their second quarter update to the 2021-2022 Priority Guidance Plan. The 2019-2020 Priority Guidance […]

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Tax Gap At $381 Billion– Treasury

The Department of the Treasury estimates that the net tax gap currently stands at $381 billion. According to the agency’s […]

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IRS Issues Child and Dependent Care Credit Reminder

The IRS has reminded taxpayers that those who pay expenses for the care of a qualifying person while working or […]

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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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FL - Interest rates for first half of 2025 announced

FL - Guidance provided on taxability of holiday decorations and lighting

The sale, rental, and associated charges for the design, installation, removal, and storage of holiday decorations and lighting are subject […]

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FL - Guidance provided on taxability of holiday decorations and lighting

IRS Warns of Charity Scams Following Hurricanes Milton and Helene, IR-2024-269

The IRS has offered some tips to taxpayers about scammers using fake charities to exploit unsuspecting donors in the aftermath […]

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IRS Warns of Charity Scams Following Hurricanes Milton and Helene, IR-2024-269

IRS Provides Safe Harbor for Amounts Paid for Condoms, Notice 2024-71

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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IRS Provides Safe Harbor for Amounts Paid for Condoms, Notice 2024-71

IRS Urges Taxpayers to Enroll for IP PIN Ahead of 2025 Filing Season, IR-2024-278

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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IRS Urges Taxpayers to Enroll for IP PIN Ahead of 2025 Filing Season, IR-2024-278

IRS Accelerates Work on Employee Retention Credit Claims, IR-2024-263

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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IRS Accelerates Work on Employee Retention Credit Claims, IR-2024-263

IRS Warns Taxpayers About Scams by Offer in Compromise Mills, IR-2024-243

The IRS has issued a warning to taxpayers to be cautious of unscrupulous promoters claiming to offer help in resolving […]

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IRS Warns Taxpayers About Scams by Offer in Compromise Mills, IR-2024-243

IRS Appeals Secure Messaging Program Office Launches Corporate Group Mailbox Pilot, IR-2024-247

The IRS Independent Office of Appeals (Appeals) today launched a pilot program as part of the IRS’ ongoing transformation efforts […]

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IRS Appeals Secure Messaging Program Office Launches Corporate Group Mailbox Pilot, IR-2024-247

FL - Updated electronic address and jurisdiction database issued for determination of premiums situs

An updated electronic address and jurisdiction database is issued for the determination of Florida insurance premiums tax to the proper […]

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FL - Updated electronic address and jurisdiction database issued for determination of premiums situs

FL - Guidance provided on sales and reporting of dyed diesel fuel during hurricane helene penalty relief period

Consistent with the Hurricane Helene penalty relief announced by the Internal Revenue Service (IRS), the Florida Department of Revenue is […]

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FL - Guidance provided on sales and reporting of dyed diesel fuel during hurricane helene penalty relief period