IRS

Last week, the IRS announced that the limit individuals can contribute to their 401(k)s has increased for 2026 from $23,500 to $24,500. The limit on annual contributions to an IRA is increased to $7,500 from $7,000.

United Way needs more tax return preparers and will provide volunteers with free training, certification, and all the support needed to become IRS certified tax preparers.

Nearly 40,000 IRS employees remain on the job, including 3,500 new customer service representatives who began training on September 22nd. While walk-in Taxpayer Assistance Centers are closed, the IRS customer service telephone lines are still open, although taxpayers and practitioners are reporting difficulty in getting through to an IRS representative. IRS will not respond to correspondence during the shutdown.

The Internal Revenue Service (IRS) is changing how it enforces political rules for churches, creating discussion among Southwest Florida religious leaders.

IRS deadline for filing federal taxes for 2024 extended for all Florida counties.

Timothy Meade, of Fort Myers, operated a prison phone call service under several business names and failed to pay employment taxes for 10 years.

The Internal Revenue Service said Monday it is ending its decades-old policy of making unannounced home and business visits, in an effort to help keep its workers safe and to combat scammers who pose as IRS agents.

Michael J. DaCorta, 57, was sentenced in October to 23 years in federal prison for conspiracy to commit wire fraud and mail fraud, money laundering, and filing a false income tax return. As part of his sentence, the court also entered an order of forfeiture in the amount of $2,817,876.16, a portion of the proceeds of the charged criminal conduct.

Even after facing two felony changes related to her fundraising activities, founder of the Fallen Officers nonprofit, Rosemary Zore, is trying to convince state officials that Robert L. Zore Foundation charity deserves to be registered as a tax-exempt organization in Florida. Zore faces up to 15 years in prison if convicted and her husband faces up to five years in prison if convicted of felony charges stemming from their mismanagement of the charity.