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Amedeo, Marano & Hufnagel
Certified Public Accountants
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Tax Alerts
Tax Briefing(s)
2025 Tax Year-in-Review2025 Year-End Tax PlanningOne Big Beautiful Bill Act (Signed Into Law July 4, 2025)Inflation Reduction Act of 2022
IRS Launches New Web Page to Streamline Fraud Reporting and Improve Case Processing (IR 2026-26)
The IRS introduced a new web page designed to streamline and strengthen the reporting of suspected tax fraud, scams, evasion, and related misconduct. The initiative consolidates previously fragmente...
IRS Lists Dirty Dozen Tax Scams for 2026 (IR 2026-30)
The IRS announced its 2026 “Dirty Dozen” list of tax scams warning individuals, businesses and tax professionals about evolving fraud schemes that threaten tax and financial information. The annua...
Treasury Secretary’s Acting IRS Commissioner Role Ends (IR 2026-36)
The Secretary of the Treasury’s service as Acting Commissioner of the Internal Revenue Service ended under the Federal Vacancies Reform Act and the IRS continues operating under existing Treasury ov...
IRS Opens 2026 Tax Filing Season with Enhanced Digital Tools and Faster Refunds (IR 2026-12)
The IRS has announced the opening of the 2026 tax filing season and has begun accepting and processing federal individual income tax returns for the tax year 2025. Additionally, the IRS encouraged tax...
National Taxpayer Advocate Warns of Filing Challenges for 2026 Season (IR 2026-15)
The National Taxpayer Advocate reported, that most individual taxpayers experienced a smooth filing process during the 2025 tax year, but warned that the 2026 filing season may present greater challen...
IRS Offers Tips for Choosing Qualified Tax Return Preparers
IRS has advised individual taxpayers that they remain legally responsible for the accuracy of their federal tax returns, even when using a paid preparer. With most tax documents now issued, the agency...
CA - FTB clarifies when and what forms to file for postponement of deadlines due to disaster
The California Franchise Tax Board has clarified when and what forms to file for the postponement of filing and payment deadlines due to a disaster.Is Form 3872 required when federal and California po...
CT - CIGA members must pay portion of their refunded assessments to department
Members insurers of the Connecticut Insurance Guaranty Association (CIGA) are notified that, on or before February 23, 2026, the member insurer must pay a portion of their recently refunded assessment...
DE - Film credit, increase in cigarette and tobacco taxes proposed
Delaware Gov. Matt Meyer delivered a presentation for his fiscal year 2027 budget that includes proposals to increase taxes on cigarettes and other tobacco products and to establish a film tax credit....
DC - District AG opinion affirms nonconformity legislation
The District of Columbia Attorney General issued an opinion on personal and corporate income tax liabilities for tax year 2025. The opinion states that House Joint Resolution 142, disapproving of Emer...
MD - Guidance issued on capital gains surtax
The Maryland Comptroller has issued guidance regarding the additional 2% capital gains tax on individuals with federal adjusted gross income in excess of $350,000 regardless of filing status, beginnin...
NJ - Petroleum products gross receipt rates unchanged
The New Jersey petroleum products gross receipt tax rates are unchanged for the period April 1 through June 30, 2026. The current rates are:gasoline and LPG: 38.6 cents per gallon;diesel: 42.6 cents p...
NY - Goodwill was investment income triggering mandated s corporation election
The New York Division of Taxation correctly determined that a mandatory S corporation election was triggered in a case involving an acquisition where a large portion of the sale price came from self-c...
PA - Estimated payment policy clarified
Philadelphia has issued guidance on the business income and receipts tax (BIRT) for tax year 2025. The city clarifies its estimated payment policy following the removal of the $100,000 exclusion, requ...
RI - Division reminds taxpayers of new kratom tax effective April 1
The Rhode Island Division of Taxation reminds taxpayers that effective April 1, 2026, kratom and kratom products are subject to tax at the rate of 15% of wholesale cost. Guidance issued by the Divisio...

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