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Welcome From Uphill CPA Firm, S.C.
Click on "Newsletters" for important reminders and year end tax information
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Tax Alerts
Tax Briefing(s)
2025 Year-End Tax PlanningOne Big Beautiful Bill Act (Signed Into Law July 4, 2025)2025 Post-Filing Season Update
IRS Grants Relief to Taxpayers Affected by Terrorist Action in Israel; Deadlines Postponed (Notice 2025-53; IR-2025-97)
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 2024 and 2025. Affected taxpayers have until Septe...
Applicable Terminal Charge and SIFL Rates for Determining Value of Noncommercial Flights on Employer-Provided Aircraft Issued (Rev. Rul. 2025-20)
The IRS has released the applicable terminal charge and the Standard Industry Fare Level (SIFL) mileage rate for determining the value of noncommercial flights on employer-provided aircraft in effect ...
Office of Appeals Begins Pilot Program on Mediation (IR-2025-100)
The IRS Independent Office of Appeals has launched a two-year pilot program to make Post Appeals Mediation (PAM) more attractive to taxpayers. Under the new PAM pilot, cases will be reassigned to an A...
IRS Reminds Taxpayers to Safeguard Financial Records in Emergency Plans
The IRS has reminded taxpayers that emergency readiness has gone beyond food, water and shelter. It also includes safeguarding financial and tax documents. Families and businesses should review their ...
IL - Taxation of security monitoring services and equipment discussed
Illinois issued a private letter ruling discussing the taxation of wireless security monitoring equipment leased to customers as part of a company's fee-based security services. Illinois does not tax ...
MI - Prepaid fuel tax rates announced
The Michigan prepaid sales tax rate for the period of December 1, 2025 to December 31, 2025 decreases to 15.2 cents per gallon for gasoline. For diesel fuel, the rate remains 19.1 cents per gallon. Re...
MN - OBBBA provisions may require adjustments to income on state returns
Taxpayers may need to make adjustments to income on their Minnesota returns because the state has not adopted the federal provisions enacted in the 2025 Federal Tax Budget and Reconciliation Bill (H.R...
WI - 2025 withholding tax update released
Wisconsin issued a withholding tax update noting that there are currently no plans to change the withholding tax rates. The update also addresses numerous withholding topics, including: requirements f...

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