IRS Updates Premium Tax Credit Table, Required Contribution Percentage, Rev. Proc. 2024-35
The IRS has updated the applicable percentage table used to calculate an individual’s premium tax credit and required contribution percentage […]
Read MoreHillsborough County residents and non-residents who can verify taxable expenditures with receipts or other documentation will receive compensation equal to the amount of their Florida sales surtax payments. Alternatively, taxpayers who lived in Hillsborough County any time during 2019 to March 15, 2021, and either cannot or do not wish to provide proof of taxable purchases, can claim a standard award of up to $100 if they can establish their residency for some or all of the time the surtax was imposed. To receive a refund, eligible persons must submit a claim via Hillsborough County Surtax Settlement Program? by December 31, 2024.
During the 2024 legislative session, ?state lawmakers approved a plan for disposition of the Hillsborough transportation surtax collected between January 1, 2019, and March 15, 2021. The surtax was passed by Hillsborough County voters in 2018, and ruled unconstitutional by the Florida Supreme Court in 2021. The court signed an order providing for preliminary approval of the class action settlement. The hearing for the final approval of the settlement is scheduled for November 7, 2024. Hillsborough County Sales Surtax Refund, Florida Department of Revenue, September 2024
The IRS has updated the applicable percentage table used to calculate an individual’s premium tax credit and required contribution percentage […]
Read MoreThe IRS has reminded businesses that starting in tax year 2023 changes under the SECURE 2.0 Act may affect the […]
Read MoreThe IRS and the Security Summit concluded their eight-week summer awareness campaign by urging tax professionals to implement stronger security […]
Read MoreThe IRS has reminded employers that educational assistance programs can be used to help employees pay off student loans until […]
Read MoreThe IRS has urged taxpayers to conduct an end-of-summer tax checkup to avoid unexpected tax bills in the upcoming year. […]
Read MoreHillsborough County residents and non-residents who can verify taxable expenditures with receipts or other documentation will receive compensation equal to […]
Read MoreThe IRS announced that it is continuing to expand the features within Business Tax Account (BTA), an online self-service tool […]
Read MoreThe IRS has issued a series of questions and answers for 401(k) and similar retirement plans that provide, or wish […]
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