IRS Highlights Essentials for Tax Filing (IR-2025-23)
The IRS encouraged taxpayers to make essential preparations and be aware of significant changes that may affect their 2024 tax returns. The deadline for submitting Form 1040, U.S. Individual Income Ta... |
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IRS Urges Taxpayers to Choose Tax Preparers Carefully to Protect Data (IR-2025-21)
The IRS reminded taxpayers to choose the right tax professional to help them avoid tax-related identity theft and financial harm. Following are key tips for choosing a tax preparer:Look for a preparer... |
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IRS Offers Top Tips to Make Tax Time Easier (IR-2025-19)
The IRS provided six tips to help taxpayers file their 2024 tax returns more easily. Taxpayers should follow these steps for a smoother filing process:Gather all necessary tax paperwork and records to... |
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2025 Standard Mileage Rates Released (Notice 2025-5; IR-2024-312)
The IRS released the optional standard mileage rates for 2025. Most taxpayers may use these rates to compute deductible costs of operating vehicles for:business,medical, andcharitable purposesSome mem... |
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IRS Introduces New Measures to Combat Tax Scams During 2025 Filing Season (IR-2025-12)
The IRS, in partnership with the Coalition Against Scam and Scheme Threats (CASST), has unveiled new initiatives for the 2025 tax filing season to counter scams targeting taxpayers and tax professio... |
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IRS Reminds Taxpayers of Disaster Deadlines (IR-2025-1)
The IRS reminded disaster-area taxpayers that they have until February 3, 2025, to file their 2023 returns, in the entire states of Louisiana and Vermont, all of Puerto Rico and the Virgin Islands and... |
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IRS to Issue Automatic Recovery Rebate Credit Payments for 2021 Tax Year (IR-2024-314)
The IRS has announced plans to issue automatic payments to eligible individuals who failed to claim the Recovery Rebate Credit on their 2021 tax returns. The credit, a refundable benefit for individ... |
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AZ - Guidance on waste tire fees for retailers issued
Arizona provides guidelines on waste tire fees for businesses involved in the sale of new motor vehicle tires. These businesses include tire dealers, auto parts stores, and automobile and truck dealer... |
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CA - Form 1099-Gs May contain incorrect amounts
The California Franchise Tax Board (FTB) has notified taxpayers that the Form 1099-Gs it sent for tax year 2024 may contain incorrect amounts. The incorrect amounts are likely when an estimate transfe... |
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CO - Income tax return processing started; new tax benefits information hub announced
The Colorado Department of Revenue (DOR) has begun processing income tax returns and has unveiled an online tax benefits information hub to help taxpayers potentially save money. The hub provides in... |
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DC - Filing season begins
The District of Columbia has begun accepting and processing individual income tax returns for tax year 2024. The District income tax rate schedule remains the same as previous years with standard dedu... |
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FL - Guidance provided for insurers that pay the state fire marshal regulatory assessment
Guidance is provided for property and casualty insurers that write inland marine insurance and pay the State Fire Marshal Regulatory Assessment on those premiums, for Florida premiums tax purposes.Sch... |
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HI - Senate approves IRC conformity update
The Hawaii Senate has approved a bill that would update Hawaii’s Internal Revenue Code tie-in date for computing corporate and individual income tax liability. The bill would move the general confor... |
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MD - Maryland governor proposes closing corporate tax loopholes, expanding standard deduction and child tax credit
In his 2025 State of the State Address, Maryland Governor Wes Moore said that he will propose a tax reform package that:closes corporate tax loopholes to lower the corporate tax rate;doubles the perso... |
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NV - Regulation on reduction of taxable value amended
Nevada has amended its regulation on the deduction of obsolescence from the taxable value of property. In determining the amount of obsolescence to be deducted, the State Board and the county boards o... |
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NY - Party platters properly subject to tax as prepared foods
The New York Tax Tribunal upheld a decision of the administrative law judge that a deli’s sales of party platters were properly subject to sales tax as prepared foods. The party platters were prepar... |
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TX - Local tax rate changes announced for Q2 of 2025
The following Texas sales and use tax rate changes take effect April 1, 2025.Imposed or Increased Additional Sales and Use Tax RatesThe following cities have imposed or increased the additional city s... |
|
IRS Highlights Essentials for Tax Filing (IR-2025-23)
The IRS encouraged taxpayers to make essential preparations and be aware of significant changes that may affect their 2024 tax returns. The deadline for submitting Form 1040, U.S. Individual Income Ta... |
|
IRS Urges Taxpayers to Choose Tax Preparers Carefully to Protect Data (IR-2025-21)
The IRS reminded taxpayers to choose the right tax professional to help them avoid tax-related identity theft and financial harm. Following are key tips for choosing a tax preparer:Look for a preparer... |
|
IRS Offers Top Tips to Make Tax Time Easier (IR-2025-19)
The IRS provided six tips to help taxpayers file their 2024 tax returns more easily. Taxpayers should follow these steps for a smoother filing process:Gather all necessary tax paperwork and records to... |
|
2025 Standard Mileage Rates Released (Notice 2025-5; IR-2024-312)
The IRS released the optional standard mileage rates for 2025. Most taxpayers may use these rates to compute deductible costs of operating vehicles for:business,medical, andcharitable purposesSome mem... |
|
IRS Introduces New Measures to Combat Tax Scams During 2025 Filing Season (IR-2025-12)
The IRS, in partnership with the Coalition Against Scam and Scheme Threats (CASST), has unveiled new initiatives for the 2025 tax filing season to counter scams targeting taxpayers and tax professio... |
|
IRS Reminds Taxpayers of Disaster Deadlines (IR-2025-1)
The IRS reminded disaster-area taxpayers that they have until February 3, 2025, to file their 2023 returns, in the entire states of Louisiana and Vermont, all of Puerto Rico and the Virgin Islands and... |
|
IRS to Issue Automatic Recovery Rebate Credit Payments for 2021 Tax Year (IR-2024-314)
The IRS has announced plans to issue automatic payments to eligible individuals who failed to claim the Recovery Rebate Credit on their 2021 tax returns. The credit, a refundable benefit for individ... |
|
AZ - Guidance on waste tire fees for retailers issued
Arizona provides guidelines on waste tire fees for businesses involved in the sale of new motor vehicle tires. These businesses include tire dealers, auto parts stores, and automobile and truck dealer... |
|
CA - Form 1099-Gs May contain incorrect amounts
The California Franchise Tax Board (FTB) has notified taxpayers that the Form 1099-Gs it sent for tax year 2024 may contain incorrect amounts. The incorrect amounts are likely when an estimate transfe... |
|
CO - Income tax return processing started; new tax benefits information hub announced
The Colorado Department of Revenue (DOR) has begun processing income tax returns and has unveiled an online tax benefits information hub to help taxpayers potentially save money. The hub provides in... |
|
DC - Filing season begins
The District of Columbia has begun accepting and processing individual income tax returns for tax year 2024. The District income tax rate schedule remains the same as previous years with standard dedu... |
|
FL - Guidance provided for insurers that pay the state fire marshal regulatory assessment
Guidance is provided for property and casualty insurers that write inland marine insurance and pay the State Fire Marshal Regulatory Assessment on those premiums, for Florida premiums tax purposes.Sch... |
|
HI - Senate approves IRC conformity update
The Hawaii Senate has approved a bill that would update Hawaii’s Internal Revenue Code tie-in date for computing corporate and individual income tax liability. The bill would move the general confor... |
|
MD - Maryland governor proposes closing corporate tax loopholes, expanding standard deduction and child tax credit
In his 2025 State of the State Address, Maryland Governor Wes Moore said that he will propose a tax reform package that:closes corporate tax loopholes to lower the corporate tax rate;doubles the perso... |
|
NV - Regulation on reduction of taxable value amended
Nevada has amended its regulation on the deduction of obsolescence from the taxable value of property. In determining the amount of obsolescence to be deducted, the State Board and the county boards o... |
|
NY - Party platters properly subject to tax as prepared foods
The New York Tax Tribunal upheld a decision of the administrative law judge that a deli’s sales of party platters were properly subject to sales tax as prepared foods. The party platters were prepar... |
|
TX - Local tax rate changes announced for Q2 of 2025
The following Texas sales and use tax rate changes take effect April 1, 2025.Imposed or Increased Additional Sales and Use Tax RatesThe following cities have imposed or increased the additional city s... |
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