Search

Florida Tax Information Publications for 2025

The Florida Department of Revenue has published its 2025 Tax Information Publications (TIPs), detailing updates on various tax matters including interest rates, fuel tax adjustments, and corporate income tax. These publications provide specific guidance on tax issues that may affect taxpayers.

Illinois Service Occupation Tax Changes for Servicepersons and Marketplace Facilitators

The Illinois Department of Revenue has issued guidance detailing changes to the Service Occupation Tax effective January 1, 2026. The bulletin clarifies that the 200-transaction threshold will be removed for out-of-state servicepersons and marketplace facilitators, and introduces destination-based sourcing for certain sales of service. These changes are outlined in Public Act 104-0006.

Illinois Film Production Withholding Tax Changes

The Illinois Department of Revenue has issued guidance clarifying changes to film production withholding income tax requirements. Beginning December 12, 2025, both production companies and loan-out companies have specific responsibilities for withholding, reporting, and remitting Illinois income tax on compensation for services performed in the state.

IRS Grants Ruling on Substitute Mortality Tables for Pension Plans

The IRS has granted a ruling allowing a taxpayer to use substitute mortality tables for pension plan computations under section 430 of the Internal Revenue Code. This approval is effective for up to 3 plan years beginning with the 2026 plan year.

IRS Interest Rates for April 1, 2026

The IRS has announced the interest rates for tax underpayments and overpayments for the calendar quarter beginning April 1, 2026. These rates include specific percentages for general underpayments, overpayments, large corporate underpayments, and a reduced rate for corporate overpayments exceeding $10,000.

IRS Internal Revenue Bulletin 2026-07

The IRS published Internal Revenue Bulletin 2026-07, featuring guidance on disciplinary sanctions for tax practitioners, disclosure requirements for reducing tax understatements, and amendments related to SECURE 2.0 Act provisions for retirement plans. This bulletin includes updates to revenue procedures and notices affecting tax return preparers and retirement account administration.

NCSC: Pro-Russia Hacktivists Target UK Organisations with DDoS Attacks

The UK's National Cyber Security Centre (NCSC) has issued guidance warning that pro-Russia hacktivist groups, particularly NoName057(16), continue to target UK organisations with DDoS attacks. The NCSC urges local government and critical infrastructure operators to review and harden their denial-of-service defences.

New York Income Tax Bulletins

The New York State Department of Taxation and Finance has updated its list of income tax bulletins. Two bulletins, TB-IT-215 and TB-IT-615/620, have been discontinued and are no longer available, with references provided to updated information or forms.

New York State Corporation Tax Bulletins

The New York State Department of Taxation and Finance has updated its list of corporation tax bulletins. This update includes new bulletins regarding e-filing mandates for businesses and tax return preparers. These bulletins provide general guidance on tax topics.

New York Mortgage Recording Tax Bulletins

The New York State Department of Taxation and Finance has updated its list of mortgage recording tax bulletins. These bulletins provide general guidance on various aspects of mortgage recording tax law, including residential property exclusions, bankruptcy reorganizations, and credit line debts. The update was published on June 14, 2017.