Form 1120-H

U.S. Income Tax Return for Homeowners Associations

FL - Tax relief for Florida taxpayers impacted by severe storms, tornadoes, and flooding discussed

Florida will follow the corporate income tax relief granted by the IRS regarding tax return due dates for taxpayers affected […]

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FL - Tax relief for Florida taxpayers impacted by severe storms, tornadoes, and flooding discussed

FL - IRC conformity legislation passed

The Florida Legislature passed legislation that would update the IRC conformity tie-in date for determining corporate income tax liability. H.B. […]

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FL - IRC conformity legislation passed

FL - Community contributions credit cap increased, live local contributions credit created

Florida increased the cap on the corporate income tax community contributions credit from $14.5 to $25 million for the 2023-2024 […]

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FL - Community contributions credit cap increased, live local contributions credit created

IRS Issues FAQs on Compensation Payments For Forced Sterilization, FS-2023-11, IR-2023-81

The IRS has issued frequently asked questions (FAQs) to provide guidance for victims who have received state compensation payments for forced, involuntary, or coerced sterilization. Some states have enacted […]

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IRS Issues FAQs on Compensation Payments For Forced Sterilization, FS-2023-11, IR-2023-81

FAQs Issued on Upcoming Changes to COVID-19 Coverage and Payment Requirements, IR-2023-86

The IRS, Department of Labor (DOL) and Department of Health and Human Services (HHS) jointly issued frequently asked questions (FAQs), Part 58 and Part […]

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FAQs Issued on Upcoming Changes to COVID-19 Coverage and Payment Requirements, IR-2023-86

IRS Issues Audit Technique Guide on Entertainment, Entertainment Audit Technique Guide, IRPO ¶203,990

The IRS has released a new Audit Technique Guide (ATG) designed to provide assistance in auditing individuals in various roles in the entertainment industry. The auditor must develop issues in relation to […]

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IRS Issues Audit Technique Guide on Entertainment, Entertainment Audit Technique Guide, IRPO ¶203,990

Applicable Terminal Charge and SIFL Rates Issued for Second Half of 2022, Rev. Rul. 2023-7

The IRS has released the applicable terminal charge and the Standard Industry Fare Level (SIFL) mileage rate for determining the value of noncommercial flights on employer-provided […]

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Applicable Terminal Charge and SIFL Rates Issued for Second Half of 2022, Rev. Rul. 2023-7

Transition Period Announced for Revised Form 3115, Announcement 2023-12

The IRS today informed taxpayers and practitioners that it has revised Form 3115, Application for Change in Accounting Method, and its instructions. […]

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Transition Period Announced for Revised Form 3115, Announcement 2023-12

IRS Touts Improved Customer Service in 2023 Tax Season

The Internal Revenue Service said it delivered “significantly improvedcustomerservice“ during the 2023 tax filing season and cited funds made available to it from the Inflation Reduction Act as the key […]

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IRS Touts Improved Customer Service in 2023 Tax Season

Changes to 2023 Forms 5500 Issued

The Department of Labor (DOL), the Internal Revenue Service (IRS), and the Pension Benefit Guaranty Corporation (PBGC) issued final forms and instructions […]

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Changes to 2023 Forms 5500 Issued