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Amedeo, Marano & Hufnagel
Certified Public Accountants
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Tax Alerts
Tax Briefing(s)
2026 Year-End Tax Planning2026 Post-Filing Season UpdateOne Big Beautiful Bill Act (Signed Into Law July 4, 2025)Inflation Reduction Act of 2022
IRS Begins Issuing Automatic Adoption Tax Credit Refunds (IR-2026-123)
The IRS has begun issuing refunds to more than 50,000 taxpayers who benefited from the adoption tax credit carryforward from prior years. Most eligible taxpayers are expected to receive their refunds ...
IRS Extends Relief for Taxpayers Affected by Terrorist Action in Israel; Deadlines Postponed (Notice 2026-63; IR 2026-116)
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 2025 and 2026. Affected taxpayers have until Septemb...
IRS Urges Taxpayers to Strengthen Cybersecurity Practices (IR 2026-119)
The IRS has encouraged taxpayers, tax professionals and organizations to improve their online security during Cybersecurity Awareness Month. To help protect sensitive information, the IRS, the Cyberse...
IRS Launches Mobile App Expanding Access to Refund, Payment, Transcript, and Individual Online Account Services (IR 2026-114)
The IRS announced a new free mobile app that replaces IRS2Go and expands secure mobile access to selected Individual Online Account services for taxpayers. Beginning September 25, 2026, users can sign...
Final Regulations Issued Increasing the User Fee on an Estate Tax Closing Letter (TD 10055)
The IRS finalized regulations increasing the user fee imposed on a request for the issuance of an estate tax closing letter (IRS Letter 627) to $76. The increased fee applies to requests for estate ta...
Direct Pay Offers Free Way to Pay Federal Taxes (IR 2026-109)
The IRS reminded taxpayers with bank accounts that Direct Pay can be used to pay federal taxes from a checking or savings account. The service is available on IRS.gov, and taxpayers do not need to s...
IRS Warns of Fake Tribal Tax Credits (IR 2026-112)
The IRS warned taxpayers, tribal communities, businesses and tax professionals about promoters selling fake “Tribal Tax Credits” that do not exist under federal law. Promoters may claim these cred...
CA - Updated guidance provided for drugstore operators
Updated guidance is provided regarding the application of sales and use tax laws to transactions engaged in by drugstore operators. Topics discussed include taxable and nontaxable items in relation to...
CT - Quarterly disaggregated sales tax report filing required beginning October 2026
Beginning October 1, 2026, all retailers in Connecticut that file a consolidated sales and use tax return are required to file a Quarterly Disaggregated Sales Tax Report in addition to their sales and...
DE - Effective date for organ transplantation credit announced
Delaware announced the credit for employers that provide paid time off to employees who donate an organ or bone marrow for transplantation will take effect beginning with the 2026 tax year. Eligible e...
DC - Guidance for appealing FMV by recorder issued
The District of Columbia has issued guidance discussing the procedure for appealing determinations of fair market value (FMV) by the recorder of deeds for imposing recordation and/or transfer taxes fo...
MD - Redemption required payment of delinquent taxes but not future taxes
The Appellate Court of Maryland has ruled that to redeem property sold at a tax sale, property taxes delinquent and in arrears must be paid. In this case, because 2024-2025 taxes were not in arrears o...
NJ - Net operating loss deduction temporarily capped
New Jersey is temporarily capping the corporate business tax net operating loss deduction at $1 million, for privilege periods ending on or after July 31, 2026 but before July 31, 2030. For privilege ...
NY - Residency eligibility amended for volunteer firefighter and ambulance worker tax exemptions
Enacted New York legislation makes a technical amendment to the real property tax exemption for enrolled members of incorporated volunteer fire companies, fire departments, or incorporated voluntary a...
PA - Utility surcharge set at zero for 2027
Pennsylvania has provided notice that the Public Utility Realty Tax Act (PURTA) surcharge calculation for tax years beginning January 1, 2027 is 0 mills. No PURTA surcharge will be imposed for the tax...
RI - Report generated through AI and human review was taxable
A report produced by artificial intelligence and human review to help communicate needs of neurodivergent individuals to schools and other settings was subject to Rhode Island sales and use tax as a p...

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