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 […]
Read MoreThe IRS Commissioner, Danny Werfel, has announced plans for new leadership structure to align with transformation goals. The updated chart, the first in two decades, includes a single deputy Commissioner and four new chief positions overseeing taxpayer service, tax compliance, information technology, and operations. Changes, set for early 2024, aim to streamline operations and align with the Inflation Reduction Act funding.
The IRS‘s new organizational structure is the result of years of effort, stemming from the Taxpayer First Act Report to Congress in January 2021 and outlined in the new IRS Strategic Operating Plan released in April. Commissioner Werfel emphasized the logical progression of this change, considering the history and the rapid pace of Inflation Reduction Act initiatives. Further, the Service will collaborate with Congress, NTEU, and others as plans for new changes progress.
Doug O’Donnell, currently the deputy commissioner for Services and Enforcement, will assume the role of IRS deputy commissioner. Reporting to O’Donnell will be four new chief positions and IRS Online Services. These leaders, working closely with Commissioner Werfel, include:
For 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 […]
Read MoreThe IRS reminded low- and moderate-income taxpayers to save for retirement now and possibly earn a tax credit in 2025 […]
Read MoreThe IRS and Security Summit partners issued a consumer alert regarding the increasing risk of misleading tax advice on social media, which […]
Read MoreThe IRS and the Security Summit partners encouraged taxpayers to join the Identity Protection Personal Identification Number (IP PIN) program at […]
Read MoreThe IRS warned taxpayers to avoid promoters of fraudulent tax schemes involving donations of ownership interests in closely held businesses, […]
Read MoreOn November 5, 2024, voters in Seminole County approved a ballot referendum extending the expiration date of Seminole County’s 1% […]
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