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 […]
Read MoreFlorida provides guidance regarding the 2023 Freedom Summer sales tax holiday, which began on May 29, 2023, and will run through September 4, 2023.
During this period, tax is not due on the retail sale of:
admissions to music events, sporting events, cultural events, specified performances, movies, museums, state parks, and fitness facilities.
eligible boating and water activity supplies, camping supplies, fishing supplies, general outdoor supplies, residential pool supplies, children’s athletic equipment, and children’s toys.
This sales tax holiday does not apply to:
rentals of any eligible items; and
sales within a theme park, entertainment complex, public lodging establishment, or airport.
Tax Information Publication, No. 23A01-03, Florida Department of Revenue, May 25, 2023
The IRS released the optional standard mileage rates for 2025. Most taxpayers may use these rates to compute deductible costs […]
Read MoreThe IRS, in partnership with the Coalition Against Scam and Scheme Threats (CASST), has unveiled new initiatives for the 2025 […]
Read MoreThe IRS reminded disaster-area taxpayers that they have until February 3, 2025, to file their 2023 returns, in the entire […]
Read MoreThe IRS has announced plans to issue automatic payments to eligible individuals who failed to claim the Recovery Rebate Credit on their […]
Read MoreFlorida has issued motor vehicle sales tax rates by state as of January 15, 2025. Florida law allows a partial […]
Read MoreFor purposes of calculating the 2025 intangible personal property tax on governmental leaseholds, the Florida Department of Revenue has issued […]
Read MoreThe IRS, along with Security Summit partners, urged businesses and individual taxpayers to update their security measures and practices to protect against […]
Read MoreThe IRS has issued its 2024 Required Amendments List (2024 RA List) for individually designed employee retirement plans. RA Lists […]
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