Tax Alerts

Taxpayers Warned About Scammers

The IRS reminded taxpayers to beware of IRS impersonation scams and protect their personal and financial information. These schemes can involve text message scams, phone scams, and e-mail schemes. The IRS also warned taxpayers against unemployment fraud. Several steps were taken to protect taxpayers from these scams. Other than IRS Secure Access, the Service does not use text messages to discuss personal tax issues. The IRS will not send taxpayer messages via social media platforms.

Further, the IRS warned workers against claims of unemployment or other benefit payments for which they never applied. States have experienced a rise in fraudulent unemployment claims filed using stolen identities. States issue Form 1099-G, Certain Government Payments, to recipients and to the IRS to report the amount of taxable compensation received and any withholding. Workers receive a fraudulent Form 1099-G should report the fraud to state agencies. Details on how to report fraud to state workforce agencies can be found on the U.S. Department of Labor’s website. The IRS also listed the situations in which individuals may be victims of unemployment identity theft.

The IRS informed taxpayers that the agency does not initiate contact with them by email to request personal or financial information. The IRS initiates most contacts through regular mail delivered by the U.S. Postal service. Taxpayers can report fraudulent emails related to the IRS by sending them as an attachment to phishing@irs.gov. More details are available on the IRS website.

FL - Tax relief for Florida taxpayers impacted by severe storms, tornadoes, and flooding discussed

Florida will follow the corporate income tax relief granted by the IRS regarding tax return due dates for taxpayers affected […]

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FL - Tax relief for Florida taxpayers impacted by severe storms, tornadoes, and flooding discussed

FL - IRC conformity legislation passed

The Florida Legislature passed legislation that would update the IRC conformity tie-in date for determining corporate income tax liability. H.B. […]

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FL - IRC conformity legislation passed

FL - Community contributions credit cap increased, live local contributions credit created

Florida increased the cap on the corporate income tax community contributions credit from $14.5 to $25 million for the 2023-2024 […]

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FL - Community contributions credit cap increased, live local contributions credit created

FAQs Issued on Upcoming Changes to COVID-19 Coverage and Payment Requirements, IR-2023-86

The IRS, Department of Labor (DOL) and Department of Health and Human Services (HHS) jointly issued frequently asked questions (FAQs), Part 58 and Part […]

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FAQs Issued on Upcoming Changes to COVID-19 Coverage and Payment Requirements, IR-2023-86

IRS Issues Audit Technique Guide on Entertainment, Entertainment Audit Technique Guide, IRPO ¶203,990

The IRS has released a new Audit Technique Guide (ATG) designed to provide assistance in auditing individuals in various roles in the entertainment industry. The auditor must develop issues in relation to […]

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IRS Issues Audit Technique Guide on Entertainment, Entertainment Audit Technique Guide, IRPO ¶203,990

Applicable Terminal Charge and SIFL Rates Issued for Second Half of 2022, Rev. Rul. 2023-7

The IRS has released the applicable terminal charge and the Standard Industry Fare Level (SIFL) mileage rate for determining the value of noncommercial flights on employer-provided […]

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Applicable Terminal Charge and SIFL Rates Issued for Second Half of 2022, Rev. Rul. 2023-7

Transition Period Announced for Revised Form 3115, Announcement 2023-12

The IRS today informed taxpayers and practitioners that it has revised Form 3115, Application for Change in Accounting Method, and its instructions. […]

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Transition Period Announced for Revised Form 3115, Announcement 2023-12

IRS Issues FAQs on Compensation Payments For Forced Sterilization, FS-2023-11, IR-2023-81

The IRS has issued frequently asked questions (FAQs) to provide guidance for victims who have received state compensation payments for forced, involuntary, or coerced sterilization. Some states have enacted […]

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IRS Issues FAQs on Compensation Payments For Forced Sterilization, FS-2023-11, IR-2023-81

IRS Touts Improved Customer Service in 2023 Tax Season

The Internal Revenue Service said it delivered “significantly improvedcustomerservice“ during the 2023 tax filing season and cited funds made available to it from the Inflation Reduction Act as the key […]

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IRS Touts Improved Customer Service in 2023 Tax Season

Indexing Adjustments Provided for Employer Shared Responsibility Applicable Dollar Amounts, Rev. Proc. 2023-17

The IRS has provided indexing adjustments for the applicable dollar amounts under Code Sec. 4980H(c)(1) and (b)(1). These indexed amounts are used to calculate the employer shared responsibility payments (ESRP). This guidance is is effective […]

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Indexing Adjustments Provided for Employer Shared Responsibility Applicable Dollar Amounts, Rev. Proc. 2023-17