Taxes


Florida Citrus Sports seeks funding to host Jacksonville Jaguars in Orlando for 2027 season
Read full article: Florida Citrus Sports seeks funding to host Jacksonville Jaguars in Orlando for 2027 seasonThe Jacksonville Jaguars will need a place to play their 2027 home season and Florida Citrus Sports is working to set up a temporary home in Orlando.

Navigating tax season: New changes to be aware of, expert tips
Read full article: Navigating tax season: New changes to be aware of, expert tipsAs the tax filing deadline approaches, many Americans are preparing to submit their returns. News 6 anchor Lisa Bell recently spoke with an expert to discuss what taxpayers need to know this year.

‘Significant impact:’ Orlando IRS staff laid off with tax season underway
Read full article: ‘Significant impact:’ Orlando IRS staff laid off with tax season underwayThe National Treasury Employees Union and former IRS employees say around 100 or 1/3 of employees at the Orlando offices received their termination letter on Wednesday or Thursday. Why workers say this could impact you.

Security expert talks avoiding tax season schemes on Breakfast with Bridgett
Read full article: Security expert talks avoiding tax season schemes on Breakfast with BridgettLynette Owens from TrendMicro says there are scams targeting taxpayers coming through emails, texts and phone calls to watch out for.

Scott Bessent confirmed as treasury secretary, giving him a key role in extending Trump's tax cuts
Read full article: Scott Bessent confirmed as treasury secretary, giving him a key role in extending Trump's tax cutsThe U.S. Senate has confirmed billionaire investor Scott Bessent as President Donald Trump’s treasury secretary.

Central Florida tax preparers plead guilty to fraud charges
Read full article: Central Florida tax preparers plead guilty to fraud chargesThree tax preparers accused of fraudulently helping Central Florida customers obtain large income tax refunds have pleaded guilty to conspiring to defraud the Internal Revenue Service.

Brevard County charter amendments: Here’s what you need to know
Read full article: Brevard County charter amendments: Here’s what you need to knowFlorida voters will decide on six constitutional amendments, in the November election. In Brevard County, voters will also decide on county and municipal amendments and referendums.n two amendments and one referendum.

Here is what Florida Amendment 5, annual adjustments to homestead exemptions, means for voters
Read full article: Here is what Florida Amendment 5, annual adjustments to homestead exemptions, means for votersThe amendment, if passed, would change the way some property taxes are calculated for Florida homeowners who have a homestead exemption. The amendment needs approval from 60% of Florida voters to pass. Here's what happens if it does.

Orange County leaders approve higher property tax for fire, emergency services
Read full article: Orange County leaders approve higher property tax for fire, emergency servicesFor the first time in 17 years, Orange County leaders have approved an increase to the Fire & EMS property tax. The increase will add an estimated $150 per $250,000 of taxable value of single-family homes in unincorporated Orange County.

Central Florida tax preparers arrested on federal fraud charges
Read full article: Central Florida tax preparers arrested on federal fraud chargesOwners and employees of a Central Florida tax preparation company have been arrested on federal charges for allegedly filing fraudulent tax returns on behalf of customers between 2017 and 2020, court records show.

Orlando stormwater fees could increase 50% over the next few years. What that means for residents
Read full article: Orlando stormwater fees could increase 50% over the next few years. What that means for residentsThe City of Orlando is proposing increasing stormwater fees by at least 50% over the next four years. It’s the first time the city has raised stormwater fees since 2008.

‘The clock is ticking’ to file taxes ahead of looming deadline, expert says
Read full article: ‘The clock is ticking’ to file taxes ahead of looming deadline, expert saysIf you are not requesting an extension, the deadline to file your taxes is Monday, April 15. However, an extension to file your taxes is not an extension to pay.

Florida CFO joins financial officers in 18 states to urge IRS to drop Direct File online tax program
Read full article: Florida CFO joins financial officers in 18 states to urge IRS to drop Direct File online tax programFlorida’s chief financial officer has co-signed a letter with financial officers from 18 states urging the U.S. Treasury secretary and IRS commissioner to “shut down” the IRS Direct File online tax preparation pilot program.

IRS commissioner says new Direct File tax program is ‘very secure’
Read full article: IRS commissioner says new Direct File tax program is ‘very secure’The 12-state Direct File pilot program launched by the IRS in March will potentially serve more than 12 million taxpayers, 2.4 million in Florida alone.

Orange County tourist tax collections fell in November, 7th year-over-year decrease in 8 months
Read full article: Orange County tourist tax collections fell in November, 7th year-over-year decrease in 8 monthsTourist development tax collections for Orange County fell again in November year-over-year, marking the seventh decrease in revenue in the last eight months, according to the Orange County comptroller and Visit Orlando.

Florida tax holiday kicks off on New Year’s Day. Here’s what you can save money on
Read full article: Florida tax holiday kicks off on New Year’s Day. Here’s what you can save money onThe tax holiday will last two weeks, ending on Jan. 14. State officials provided a list of items that are covered under the holiday.

Why Shohei Ohtani’s heavily-deferred contract could be model pro athletes ask for going forward
Read full article: Why Shohei Ohtani’s heavily-deferred contract could be model pro athletes ask for going forwardOhtani has decided to defer $680 million of the contract until after his playing days are over, meaning he’ll take in roughly $2 million of salary each year for the duration of the contract that will run through 2033.

‘Reedy Creek failed’: Hundreds of district employees owe over $2M in back taxes
Read full article: ‘Reedy Creek failed’: Hundreds of district employees owe over $2M in back taxesIn a letter to the IRS, district officials explained that Disney theme park passes and discounts given to employees weren't properly reported as taxable benefits.

‘Taylor Tax:’ IRS targets Taylor Swift fans over ticket sales, Florida CFO says
Read full article: ‘Taylor Tax:’ IRS targets Taylor Swift fans over ticket sales, Florida CFO saysFans who sold tickets for over $600 could be audited by the IRS if they don’t report any of the profits, according to Florida Chief Financial Officer Jimmy Patronis.

IRS aims to go paperless by 2025 as part of its campaign to conquer mountains of paperwork
Read full article: IRS aims to go paperless by 2025 as part of its campaign to conquer mountains of paperworkMost taxpayers will be able to digitally submit a slew of tax documents and other communications to the IRS next filing season and the agency plans to go completely paperless in 2025.

Orange County Convention Center tops list for tax dollar uses, task force finds
Read full article: Orange County Convention Center tops list for tax dollar uses, task force findsA citizen task force examining the most responsible ways to spend millions of dollars generated by Orange County's tourist development tax produced a ranked list of recommended projects Monday.

IRS Maitland, FL Taxpayer Assistance Center moves to Orange Avenue in Orlando
Read full article: IRS Maitland, FL Taxpayer Assistance Center moves to Orange Avenue in OrlandoThe Internal Revenue Service told News 6 the Taxpayer Assistance Center in Maitland, FL, has moved to 201 South Orange Ave. in Orlando, FL 32801.

Florida House approves $1.38B bill offering expanded sales tax holidays
Read full article: Florida House approves $1.38B bill offering expanded sales tax holidaysThe Florida House on Thursday unanimously approved a wide-ranging $1.38 billion tax package that would include savings for shoppers and businesses, as leaders work out differences with the Senate.