Newsletters

IRS Appeals Officers and Team Managers not U.S. Officers; Not Appointed Under Appointments Clause (C.C. Tooke III, TC)

The Tax Court ruled that IRS Appeals Officers and Team Managers were not “Officers of the United States.” Therefore, they did not […]

LLC Not Entitled to Charitable Contribution Deduction for Conservation Easement; Accuracy-Related Penalty Imposed (Green Valley Investors, LLC, TCM)

A limited liability company (LLC) classified as a TEFRA partnership could not claim a charitable contribution deduction for a conservation […]

Senate Finance Committee Leadership Issue Proposals To Improve IRS

The leadership of the Senate Finance Committee have issued a discussion draft of bipartisan legislative proposals to make administrative and […]

Luxury Auto Depreciation Caps and Lease Inclusion Amounts Issued (Rev. Proc. 2025-16)

The IRS has issued the luxury car depreciation limits for business vehicles placed in service in 2025 and the lease […]

IRS Issues Guidance on Alternative Method for Health Coverage Reporting (Notice 2025-15)

The IRS has issued Notice 2025-15, providing guidance on an alternative method for furnishing health coverage statements under Code Secs. 6055 and 6056. This […]

Beneficial Ownership Reporting Requirement Back On; Deadline Extended 30 Days (FinCEN Notice FIN-2025-CTA1)

The Financial Crimes Enforcement Network (FinCEN) has announced that the mandatory beneficial ownership information (BOI) reporting requirement under the Corporate […]

ERC Processing Among 10 Most Serious Problems Faced By Taxpayers – NTA (IR-2025-4)

National Taxpayer Advocate Erin Collins identified the lengthy processing and uncertainty regarding the employee retention credit as being among the […]

Guidance on Tax Treatment of Paid Family and Medical Leave Contributions and Benefits Issued (Rev. Rul. 2025-4, IR-2025-16)

The IRS has issued a revenue ruling addressing the federal tax treatment of contributions and benefits under state-administered paid family […]

IRS Appeals Officers and Team Managers not U.S. Officers; Not Appointed Under Appointments Clause (C.C. Tooke III, TC)

LLC Not Entitled to Charitable Contribution Deduction for Conservation Easement; Accuracy-Related Penalty Imposed (Green Valley Investors, LLC, TCM)

Senate Finance Committee Leadership Issue Proposals To Improve IRS

Luxury Auto Depreciation Caps and Lease Inclusion Amounts Issued (Rev. Proc. 2025-16)

IRS Issues Guidance on Alternative Method for Health Coverage Reporting (Notice 2025-15)

Beneficial Ownership Reporting Requirement Back On; Deadline Extended 30 Days (FinCEN Notice FIN-2025-CTA1)

ERC Processing Among 10 Most Serious Problems Faced By Taxpayers – NTA (IR-2025-4)

Guidance on Tax Treatment of Paid Family and Medical Leave Contributions and Benefits Issued (Rev. Rul. 2025-4, IR-2025-16)

FL - Guidance provided for insurers that pay the state fire marshal regulatory assessment

IRS Offers Top Tips to Make Tax Time Easier (IR-2025-19)

IRS Urges Taxpayers to Choose Tax Preparers Carefully to Protect Data (IR-2025-21)

IRS Highlights Essentials for Tax Filing (IR-2025-23)

FL - Motor vehicle sales tax rates by state issued

IRS to Issue Automatic Recovery Rebate Credit Payments for 2021 Tax Year (IR-2024-314)

IRS Reminds Taxpayers of Disaster Deadlines (IR-2025-1)

IRS Introduces New Measures to Combat Tax Scams During 2025 Filing Season (IR-2025-12)

2025 Standard Mileage Rates Released (Notice 2025-5; IR-2024-312)

FL - 2025 governmental leasehold intangible tax valuation factor table released