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Amedeo, Marano & Hufnagel
Certified Public Accountants
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Tax Alerts
Tax Briefing(s)
2025 Year-End Tax PlanningOne Big Beautiful Bill Act (Signed Into Law July 4, 2025)2025 Post-Filing Season UpdateInflation Reduction Act of 2022
IRS Grants Relief to Taxpayers Affected by Terrorist Action in Israel; Deadlines Postponed (Notice 2025-53; IR-2025-97)
The IRS has provided relief under Code Sec. 7508A for persons determined to be affected by the terroristic action in the State of Israel throughout 2024 and 2025. Affected taxpayers have until Septe...
Applicable Terminal Charge and SIFL Rates for Determining Value of Noncommercial Flights on Employer-Provided Aircraft Issued (Rev. Rul. 2025-20)
The IRS has released the applicable terminal charge and the Standard Industry Fare Level (SIFL) mileage rate for determining the value of noncommercial flights on employer-provided aircraft in effect ...
Office of Appeals Begins Pilot Program on Mediation (IR-2025-100)
The IRS Independent Office of Appeals has launched a two-year pilot program to make Post Appeals Mediation (PAM) more attractive to taxpayers. Under the new PAM pilot, cases will be reassigned to an A...
IRS Reminds Taxpayers to Safeguard Financial Records in Emergency Plans
The IRS has reminded taxpayers that emergency readiness has gone beyond food, water and shelter. It also includes safeguarding financial and tax documents. Families and businesses should review their ...
CA - District tax rate hike in Culver City announced
The district tax rate imposed in Culver City is increased from 10.5% to 10.75% effective January 1, 2026. The new 0.25% district tax was approved by voters on August 26, 2025. The new district tax wil...
CT - The generation of electricity was not manufacturing for purposes of exemption
The generation of electricity is not manufacturing within the meaning of the statutory property tax exemption for machinery and equipment used in manufacturing. The term "machinery and equipment" is...
DE - Split rate taxation based on property classification upheld
The Supreme Court of Delaware upheld the constitutionality of a law that allows New Castle County school districts to implement temporary split-rate property tax assessments based on residential and n...
DC - Tiered rates established for vacant and blighted properties, credit enacted
The District of Columbia has enacted changes impacting property taxes. Among the changes are:establishes the authority to allow payment plans for delinquent property taxes;amends the factors for estab...
MD - State will defer payment plans for federal employees unable to meet obligations
The Maryland Comptroller announced that the state will defer payment plans for federal employees who are unable to meet their tax obligations due to the federal government shutdown.Federal employees d...
NJ - Casino licensee CBT guidance issued
New Jersey has summarized casino licensee obligations under the Corporation Business Tax (CBT), compiled existing guidance, and provided references to relevant publications and rules. The guidance cov...
NY - 2026 withholding tables released
Updated New York State, New York City, and Yonkers publications containing withholding tables and methods have been released for 2026.The revised state schedules reflect certain rate reductions enacte...
PA - Philadelphia reminds taxpayers of changes
Philadelphia reminds taxpayers about upcoming changes to its:business income and receipts tax (BIRT);property tax;use & occupancy tax; andwage, school income, and earnings tax.Exemption Eliminatio...
RI - Inflation adjusted amounts for 2026 issued
The Rhode Island Department of Taxation has issued inflation adjusted amounts for for tax years beginning on or after January 1, 2026 for:standard deduction amounts;tax bracket ranges;Social Security ...

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