FL - Solid mineral tax rates for 2024 announced
Florida has released the severance tax rates on the production of heavy minerals and other solid minerals for 2024. From […]
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The IRS has reminded taxpayers still waiting to file their returns to file as soon as possible. Taxpayers can use special tools available on IRS.gov that can help them file. The online tools are available any time, so taxpayers can use them at their convenience.
Taxpayers can use IRS.gov to view the filing page to get information on most federal income tax topics, access the Interactive Tax Assistant tool for answers to many tax law questions, sign in to their IRS online account to view their balance and tax records, and find up-to-date information about their tax refunds using the “Where’s My Refund?“ tool. Additionally, taxpayers can download the official IRS mobile app, IRS2Go, to check their refund status, make payments and more.
The IRS also advised taxpayers to check their withholding to avoid a tax surprise next filing season. The IRS Tax Withholding Estimator helps employees assess their income tax, credits, adjustments and deductions and determine whether they need to change their withholding.
Taxpayers who requested an extension to October 17 or missed the April 18 deadline can still prepare and e-file returns for free with IRS Free File, if they qualify.
Further, taxpayers can use the Taxpayer Assistance Center Locator tool to find a taxpayer assistance center. Taxpayers can find a variety of accessible products to help with the use of assistive technology, including screen reading software, refreshable Braille displays, and screen magnifying software at the online Alternative Media Center.
Finally, the IRS encouraged taxpayers to subscribe to IRS Tax Tips to get easy-to-read articles sent directly to their e-mail from the IRS.
Florida has released the severance tax rates on the production of heavy minerals and other solid minerals for 2024. From […]
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The IRS has provided a waiver for any individual who failed to meet the foreign earned income or deduction eligibility requirements of Code Sec. 911(d)(1) because adverse conditions in a foreign country […]
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The IRS announced that compliance efforts around erroneous Employee Retention Credit (ERC) claims have topped more than $1 billion within six months. “We are encouraged by the results so far of […]
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The IRS has announced the federal income tax treatment of certain lead service line replacement programs for residential property owners. It is required by the federal and many […]
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The IRS has released guidance to help taxpayers understand what to do with Form 1099-K. Responding to feedback from taxpayers, tax professionals and payment processors, […]
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The Treasury Department‘s Office of Payment Integrity (OPI) deployed Artificial Intelligence(AI)-based fraud detection at the onset of Fiscal Year 2023, resulting in the recovery of over $375 million. […]
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The Florida Senate approved a tax bill that changes the corporate income tax IRC conformity tie-in date. H.B. 7073, as […]
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Florida House of Representatives passed a bill with a provision that modifies the IRC conformity tie-in date for determining corporate […]
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The Financial Crimes Enforcement Network (FinCEN) issued guidance on inflation adjustments to its civil monetary penalties as mandated by the Federal Civil Penalties Inflation Adjustment Act of 1990 (the Act), as amended. This rule […]
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