FL - Guidance issued on catastrophic event property damage
Florida provides guidance on catastrophic event property damage for property tax purposes. Topics discussed include the payment of property taxes, […]
Read MoreThe IRS has updated how users sign in and verify their identity for certain IRS online services with a mobile-friendly platform. The platform relies on trusted third parties and provides an improved user experience. This new process is part of the agency’s Identity, Credential and Access Management (ICAM) initiatives to provide more ways for identity verification and accessing IRS tools. The IRS is using ID.me, a trusted technology provider of identity verification and sign-in services. Taxpayers with an existing ID.me account from the Child Tax Credit Update Portal, or from another government agency, can sign in with their existing credentials.
The list of online applications include (1) online account; (2) various transcripts; and (3) payment agreements. To verify their identity with ID.me, taxpayers need to provide a photo of an identity document such as a driver’s license, state ID or passport. The IRS will transtion e-Services tools for tax professionals to this new sign-in system in the summer of 2022.
Florida provides guidance on catastrophic event property damage for property tax purposes. Topics discussed include the payment of property taxes, […]
Read MoreIn response to Hurricane Idalia, eligible taxpayers that file Florida corporate income tax returns with original due dates or extended […]
Read MoreAs part of ensuring high income taxpayers pay what they owe, the IRS warned businesses and tax professionals to be alert to […]
Read MoreThe 2023 interest rates to be used in computing the special use value of farm real property for which an election is made under Code Sec. 2032A were issued by the IRS. In the […]
Read MoreThe IRS has reminded taxpayers about the IRS Identity Protection PIN opt in program to help protect people against tax-related identity theft. “The Identity Protection (IP) PIN is […]
Read MoreThe IRS has reminded eligible contractors who build or substantially reconstruct qualified new energy efficient homes that they might qualify for a tax credit […]
Read MoreThe IRS has reminded eligible educators that they will be able to deduct out of pocket classroom expenses upto $300 while filing their federal income tax returns next year. […]
Read MoreGuidance is provided regarding the Florida sales tax holiday on tools commonly used by skilled trade workers, which is held […]
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