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 […]
Read MoreGuidance is issued regarding changes that have been made to the affidavit required to claim the sales tax exemption for boats sold by registered dealers to nonresident purchasers for removal from Florida.
Effective July 1, 2024, a nonresident purchaser who would like to claim the sales tax exemption on a boat purchased from a registered dealer for removal from Florida must provide the selling dealer an affidavit in which the nonresident purchaser affirms it qualifies for the exemption and attests it will provide the documents required to support the exemption to the Florida Department of Revenue within required time periods.
The department has revised the suggested format for an affidavit to be completed by a nonresident purchaser and provided to the selling dealer. Removal and documentation submission time frames have not changed and must continue to be met for the claimed exemption to be allowed. Tax Information Publication, No. 24A01-10, Florida Department of Revenue, June 27, 2024
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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