Newsletters

Tax Treatment of Certain State Payments Clarified, Notice 2023-56; IR-2023-158

The IRS has provided guidance on the income tax treatment of payments made by states in 2023 and later years. In IRS News Release 2023-23, February 10, 2023, […]

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NTA Calls For New Approach To Supervisory Review Of Penalties

National Taxpayer Advocate Erin Collins is calling on the Internal Revenue Service to alter how it deals with supervisory review of penalties. “The IRS’s approach to supervisoryreview of penalties is […]

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Preparing For IRS’s Compliance Efforts In Crypto

Taxpayers, and the accounting and legal professionals who represent them, need to be prepared as the Internal Revenue Service has begun compliance work on […]

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NTA Reiterates Call To Stop Automatically Assessing IIR Penalties

National Taxpayer Advocate Erin Collins is reiterating her call for the Internal Revenue Service to stop automatically assessing penalties related to international information returns. In an August […]

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Construction Sector Seeing Higher Payroll Tax Evasion – FinCEN

The Financial Crimes Enforcement Network is seeing a “concerning” increase in state and federal payroll tax evasion and workers’ compensation fraud in the U.S. residential and commercial real estate construction industries. […]

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NTA Collins Wants To See Collection Notices Resume

NATIONAL HARBOR, Md.—National Taxpayer Advocate Erin Collins is hoping that collections notices from the Internal Revenue Service will resume in […]

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IRS Launches Paperless Processing Initiative, FS-2023-18

Taxpayers, by the 2024 filing season, will be able to digitally submit all correspondence, non-tax forms, and notice responses electronically […]

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Notice Provides Home Energy Audit Transition Rule and Requirements for Energy Efficient Home Improvement Credit, Notice 2023-59; IR-2023-140

An IRS Notice provides a transition rule that generally allows taxpayers to claim the Code Sec. 25C energy efficient home improvement credit for home energy audits conducted in 2023 even if the […]

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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

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)

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)

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