FL - Electronic filing of partnership information returns (Form F-1065) available
The Florida Department of Revenue has issued a tax information publication informing corporate income taxpayers that beginning January 1, 2022, […]
Read MoreFlorida provides penalty relief through October 19, 2022, for any person who sells or uses dyed diesel fuel for on-highway use for motor fuel tax purposes.
Federal Penalty Relief
In response to shortages of undyed diesel fuel caused by Hurricane Ian, the Internal Revenue Service (IRS) has announced that the IRS will not impose a penalty when dyed diesel fuel is sold for use or used on the highway. This penalty relief period began September 28, 2022, and continues through October 19, 2022.
State Penalty Relief
Consistent with the federal penalty relief provided by the IRS, the Florida Department of Revenue also waives the penalty for Florida motor fuel tax purposes through October 19, 2022. This relief is available to any person who sells or uses dyed diesel fuel for on-highway use. The department advises taxpayers that, during the penalty relief period, dyed diesel fuel sold or used for on-highway use should be reported and taxed in the same manner as undyed diesel fuel. Tax Information Publication, No. 22B05-05, Florida Department of Revenue, September 30, 2022
The Florida Department of Revenue has issued a tax information publication informing corporate income taxpayers that beginning January 1, 2022, […]
Read MoreIn his 2023 State of the State Address, Florida Gov. Ron DeSantis proposed to provide a permanent sales and use […]
Read MoreThe IRS has issued a guidance which sets forth a proposed revenue procedure that establishes the Service Industry Tip Compliance […]
Read MoreThe IRS has offered a checklist of reminders for taxpayers as they prepare to file their 2022 tax returns. Following […]
Read MoreThe IRS has reminded taxpayers that they must report all digital asset-related income when they file their 2022 federal income […]
Read MoreThe IRS has reminded taxpayers of their tax responsibilities, including if they’re required to file a tax return. Generally, most U.S. citizens and permanent […]
Read MoreFlorida Gov. Ron DeSantis, along with Senate President Kathleen Passidomo and House Speaker Paul Renner, have announced their intent to […]
Read MoreMonday, February 20, 2023, is a bank holiday, and as a result, taxpayers who electronically submit the January Florida sales […]
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