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 More
The IRS and Department of the Treasury announced that public hearings conducted by the Service will no longer conduct public hearings on notices of proposed rulemaking solely by telephone for proposed regulations published in the Federal Register after May 11, 2023, following the end of the national emergency. Additionally, a telephonic option will remain available for those who prefer to attend or testify at a public hearing by telephone. Further information regarding this notice, can be sought by contacting Stephanie W. Chernoff at (202) 317-5670 (not a toll-free call).
Public hearings will be conducted according to the procedures set out in Reg. § 601.601(a)(2) and (3). Notices of proposed rulemaking will set out how and when individuals who want to testify at a public hearing may request to testify. Individuals who want to testify at a public hearing, whether in person or telephonically, must send an email to firstname.lastname@example.org. Individuals who indicate that they intend to testify telephonically will receive the telephone number and access code for the hearing. The email requesting to attend the public hearing must be received by 5:00 p.m., two business days before the date that the hearing is scheduled. Moreover, special assistance can be sought by sending an email to email@example.com (preferred) or by telephone at (202) 317-5177 (not a toll-free number) at least three days prior to the date that the telephonic hearing is scheduled.
In response to Hurricane Idalia, eligible taxpayers that file Florida corporate income tax returns with original due dates or extended […]Read More
The 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 More
As part of ensuring high income taxpayers pay what they owe, the IRS warned businesses and tax professionals to be alert to […]Read More
The 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 More
The IRS has reminded eligible contractors who build or substantially reconstruct qualified new energy efficient homes that they might qualify for a tax credit […]Read More
The 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 More
Guidance is provided regarding the Florida sales tax holiday on tools commonly used by skilled trade workers, which is held […]Read More
The Florida tourist development tax rate in Highlands County is increased from 4% to 5% effective August 1, 2023. Combined […]Read More