IRS Warns Taxpayers to Watch Out for Common Tax Scams (IR-2025-26)
The IRS released its annual Dirty Dozen list of tax scams for 2025, cautioning taxpayers, businesses and tax professionals about schemes that threaten their financial and tax information. The IRS iden... |
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IRS Expands Individual Online Account to Simplify Tax Filing (IR-2025-28)
The IRS has expanded its Individual Online Account tool to include information return documents, simplifying tax filing for taxpayers. The first additions are Form W-2, Wage and Tax Statement, and F... |
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IRS Informs Taxpayers of ABLE Accounts for Disability-Related Savings
The IRS informed taxpayers that Achieving a Better Life Experience (ABLE) accounts allow individuals with disabilities and their families to save for qualified expenses without affecting eligibility... |
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IRS Encourages Taxpayers to Use Refund Tool (IR-2025-25)
The IRS urged taxpayers to use the “Where’s My Refund?” tool on IRS.gov to track their 2024 tax return status. Following are key details about the tool and the refund process:E-filers can chec... |
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IRS Releases Excludable or Deductible Foreign Housing Expenses for 2025 (Notice 2025-16)
The IRS has provided the foreign housing expense exclusion/deduction amounts for tax year 2025. Generally, a qualified individual whose entire tax year is within the applicable period is limited to ma... |
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AZ - Direct file now accepting retirement filings
The Arizona Department of Revenue is now accepting 1099-R Retirement filings through Direct File. It is relevant for those addressing personal income tax matters related to retirement. News Release, ... |
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CA - Tax refund action barred due to unpaid assessed tax amounts
A Califorina Court of Appeal affirmed a judgment of the Superior Court favoring the Franchise Tax Board (FTB) in a dispute regarding a tax refund for several specific years. The court applied the "pa... |
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CO - Conservation easement credit guidance updated
The Colorado Department of Revenue updated its guidance regarding conservation easement credits. The updated guidance reflects legislative changes to the credit that decrease the credit percentage beg... |
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DC - New electronic filing requirements discussed
The District of Columbia has provided additional information regarding new electronic filing requirements for specific income taxpayers for the 2025 tax year. The regulation requires taxpayers, who ex... |
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FL - Solid mineral tax rates for 2025 announced
Florida has released the severance tax rates on the production of heavy minerals and other solid minerals for 2025.Phosphate Rock ProducersFrom January 1, 2025, through December 31, 2025, the tax rate... |
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HI - House approves IRC conformity update
The Hawaii House of Representatives 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 ... |
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MD - Budget proposal includes income tax rate changes, cannabis rate change
Proposed tax changes in the Budget Reconciliation and Financing Act of 2025 (H.B. 352/S.B. 321), part of Maryland Governor Wes Moore's legislative agenda, include the following:Personal income tax pro... |
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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 - Individual entitled to earned income and child credits based on documents and testimony
An individual was eligible for the New York earned income credit (EIC) because credible testimony, combined with documents in the record, substantiated his reported income. In addition, a combination ... |
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TX - Challenge to property tax assessments dismissed due to immunity
The Texas Court of Appeals, Third District, affirmed the dismissal of an appellant's challenge to the validity of his property tax bills from 2021 and 2022. The appellant, arguing pro se, had sued fiv... |
|
IRS Warns Taxpayers to Watch Out for Common Tax Scams (IR-2025-26)
The IRS released its annual Dirty Dozen list of tax scams for 2025, cautioning taxpayers, businesses and tax professionals about schemes that threaten their financial and tax information. The IRS iden... |
|
IRS Expands Individual Online Account to Simplify Tax Filing (IR-2025-28)
The IRS has expanded its Individual Online Account tool to include information return documents, simplifying tax filing for taxpayers. The first additions are Form W-2, Wage and Tax Statement, and F... |
|
IRS Informs Taxpayers of ABLE Accounts for Disability-Related Savings
The IRS informed taxpayers that Achieving a Better Life Experience (ABLE) accounts allow individuals with disabilities and their families to save for qualified expenses without affecting eligibility... |
|
IRS Encourages Taxpayers to Use Refund Tool (IR-2025-25)
The IRS urged taxpayers to use the “Where’s My Refund?” tool on IRS.gov to track their 2024 tax return status. Following are key details about the tool and the refund process:E-filers can chec... |
|
IRS Releases Excludable or Deductible Foreign Housing Expenses for 2025 (Notice 2025-16)
The IRS has provided the foreign housing expense exclusion/deduction amounts for tax year 2025. Generally, a qualified individual whose entire tax year is within the applicable period is limited to ma... |
|
AZ - Direct file now accepting retirement filings
The Arizona Department of Revenue is now accepting 1099-R Retirement filings through Direct File. It is relevant for those addressing personal income tax matters related to retirement. News Release, ... |
|
CA - Tax refund action barred due to unpaid assessed tax amounts
A Califorina Court of Appeal affirmed a judgment of the Superior Court favoring the Franchise Tax Board (FTB) in a dispute regarding a tax refund for several specific years. The court applied the "pa... |
|
CO - Conservation easement credit guidance updated
The Colorado Department of Revenue updated its guidance regarding conservation easement credits. The updated guidance reflects legislative changes to the credit that decrease the credit percentage beg... |
|
DC - New electronic filing requirements discussed
The District of Columbia has provided additional information regarding new electronic filing requirements for specific income taxpayers for the 2025 tax year. The regulation requires taxpayers, who ex... |
|
FL - Solid mineral tax rates for 2025 announced
Florida has released the severance tax rates on the production of heavy minerals and other solid minerals for 2025.Phosphate Rock ProducersFrom January 1, 2025, through December 31, 2025, the tax rate... |
|
HI - House approves IRC conformity update
The Hawaii House of Representatives 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 ... |
|
MD - Budget proposal includes income tax rate changes, cannabis rate change
Proposed tax changes in the Budget Reconciliation and Financing Act of 2025 (H.B. 352/S.B. 321), part of Maryland Governor Wes Moore's legislative agenda, include the following:Personal income tax pro... |
|
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 - Individual entitled to earned income and child credits based on documents and testimony
An individual was eligible for the New York earned income credit (EIC) because credible testimony, combined with documents in the record, substantiated his reported income. In addition, a combination ... |
|
TX - Challenge to property tax assessments dismissed due to immunity
The Texas Court of Appeals, Third District, affirmed the dismissal of an appellant's challenge to the validity of his property tax bills from 2021 and 2022. The appellant, arguing pro se, had sued fiv... |
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