Newsletters

Simplified Return Filing Procedures Let Individuals Claim 2021 Child, Recovery Rebate and Earned Income Credits

Individuals who are not required to file tax returns for 2021 may use simplified procedures to file returns to claim: […]

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Form 14457, Voluntary Disclosure Practice Preclearance Request and Application Has Been Updated

The IRS has announced that Form 14457, Voluntary Disclosure Practice Preclearance Request and Application, has been revised. Form 14457 allows […]

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Further Details Provided on Relief in Preparing Schedules K-2 and K-3

The IRS has provided further details on additional transition relief for certain domestic partnerships and S corporations preparing the new […]

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Treasury Secretary Yellen Promotes Corporate Minimum Tax

A corporate minimum tax is needed to provide tax relief to the working and middle class, Department of Treasury Secretary […]

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Low-Income Housing Credit Deadlines Extended

Notice 2022-5 The IRS extended several deadlines related to the low-income housing credit, in response to the continuing coronavirus (COVID-19) […]

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Final Regulations Address Foreign Tax Credit Issues

The Treasury and IRS have issued final regulations affecting taxpayers that claim credits or deductions for foreign income taxes or […]

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ABA Section Calls For Research Credit Refund Claim Regs

The American Bar Association’s Section of Taxation is asking the Internal Revenue Service to issue regulations related to the filing […]

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Pandemic Highlights IRS’ Underfunding Issues

Two recent reports, one from the Internal Revenue Service and the other from the National Taxpayer Advocate, show how 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