Tax Alerts

Automatic Consent Procedures Updated for Certain Accounting Method Changes

The IRS has updated automatic consent procedures for taxpayers to change their method of accounting to comply with final regulations […]

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Form-Related Guidance on Early Termination of Employee Retention Credit Provided

The IRS has informed that taxpayers who are not recovery startup businesses are not eligible for the employee retention credit […]

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IRS Releases New Form 8918, Material Advisor Disclosure Statement

The IRS has released a new version of Form 8918, Material Advisor Disclosure Statement, to include 2D barcodes. After June 1, […]

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IRS Revises Form 1024 to Allow Electronic Submission

The IRS has revised Form 1024, Application for Recognition of Exemption Under Section 501(a), and its instructions to allow electronic […]

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IRS Issues FAQs on Coronavirus State and Local Fiscal Recovery Funds

The IRS has provided FAQs regarding Coronavirus State and Local Fiscal Recovery Funds (SLFR Funds). The FAQs detail the tax […]

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IRS FAQs on Reporting Guidance for Carried Interests

The IRS has released frequently asked questions (FAQs) detailing reporting directions for certain passthrough entities and taxpayers partnership interests reporting held in […]

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IRS Launches New Verification Process for Certain Online Services

The IRS has updated how users sign in and verify their identity for certain IRS online services with a mobile-friendly […]

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IRS Reminds Taxpayers of Special $600 Donation Tax Deduction

The IRS has reminded taxpayers that a special tax provision will permit more individuals to easily deduct donations of up […]

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IRS Urges Taxpayers to Choose Tax Preparers Carefully to Protect Data (IR-2025-21)

The IRS reminded taxpayers to choose the right tax professional to help them avoid tax-related identity theft and financial harm. […]

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IRS Urges Taxpayers to Choose Tax Preparers Carefully to Protect Data (IR-2025-21)

IRS Offers Top Tips to Make Tax Time Easier (IR-2025-19)

The IRS provided six tips to help taxpayers file their 2024 tax returns more easily. Taxpayers should follow these steps […]

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IRS Offers Top Tips to Make Tax Time Easier (IR-2025-19)

IRS Highlights Essentials for Tax Filing (IR-2025-23)

The IRS encouraged taxpayers to make essential preparations and be aware of significant changes that may affect their 2024 tax […]

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IRS Highlights Essentials for Tax Filing (IR-2025-23)

FL - Guidance provided for insurers that pay the state fire marshal regulatory assessment

Guidance is provided for property and casualty insurers that write inland marine insurance and pay the State Fire Marshal Regulatory […]

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FL - Guidance provided for insurers that pay the state fire marshal regulatory assessment

IRS Reminds Taxpayers of Disaster Deadlines (IR-2025-1)

The IRS reminded disaster-area taxpayers that they have until February 3, 2025, to file their 2023 returns, in the entire […]

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IRS Reminds Taxpayers of Disaster Deadlines (IR-2025-1)

IRS to Issue Automatic Recovery Rebate Credit Payments for 2021 Tax Year (IR-2024-314)

The IRS has announced plans to issue automatic payments to eligible individuals who failed to claim the Recovery Rebate Credit on their […]

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IRS to Issue Automatic Recovery Rebate Credit Payments for 2021 Tax Year (IR-2024-314)

2025 Standard Mileage Rates Released (Notice 2025-5; IR-2024-312)

The IRS released the optional standard mileage rates for 2025. Most taxpayers may use these rates to compute deductible costs […]

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2025 Standard Mileage Rates Released (Notice 2025-5; IR-2024-312)

IRS Introduces New Measures to Combat Tax Scams During 2025 Filing Season (IR-2025-12)

The IRS, in partnership with the Coalition Against Scam and Scheme Threats (CASST), has unveiled new initiatives for the 2025 […]

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IRS Introduces New Measures to Combat Tax Scams During 2025 Filing Season (IR-2025-12)

FL - Motor vehicle sales tax rates by state issued

Florida has issued motor vehicle sales tax rates by state as of January 15, 2025. Florida law allows a partial […]

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FL - Motor vehicle sales tax rates by state issued

FL - 2025 governmental leasehold intangible tax valuation factor table released

For purposes of calculating the 2025 intangible personal property tax on governmental leaseholds, the Florida Department of Revenue has issued […]

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FL - 2025 governmental leasehold intangible tax valuation factor table released