September 2023

IRS issued new requirement for certain businesses that receive cash payments of over $10,000 to file Form 8300 electronically starting January 1, 2024. This new requirement applies to businesses that are required to file at least 10 information returns of one or more type other than Form 8300 in year 2024. The filing is done […]

IRS announced the tax payments for individuals and business in parts of Florida affected by Hurricane Idalia can be deferred until February 15, 2024. Thus far 46 of Florida’s 67 counties are designated emergency areas by the Federal Emergency Management Agency! This deadline applies to individuals who had a valid extension to file their 2022