2024 Foreign Housing Expense Amounts Released, Notice 2024-31
KPMG TaxNewsFlash - United StatesMarch 20, 2024The IRS today released Notice 2024-31 [PDF 156 KB] providing the adjustments to the limitation on housing expenses, under section 911, for specifi...
No Further Funding Cuts For IRS In FY24
Other than a planned repurposing of Inflation Reduction Act supplemental funding, the Internal Revenue Service saw no other cuts as the President signed off on the resolution to keep the federa...
IL - Motor fuel use tax rates announced
Illinois announced the motor fuel use tax rates effective July 1, 2024, through December 31, 2024. The motor fuel tax is comprised of two parts, "Part A" and "Part B.""Part A" RatesThe total combi...