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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)
One Big Beautiful Bill Act (Signed Into Law July 4, 2025)2025 Post-Filing Season Update2024 Post-Election Tax Policy Update
IRS Announces Availability of Work Opportunity Tax Credit Through 2025
The IRS has announced that the Work Opportunity Tax Credit (WOTC) will continue to be available to employers through the end of 2025. This federal incentive is designed to encourage businesses to hire...
IRS Alerts Individuals to Fraudulent Tax Schemes on Social Media, (IR-2025-90)
he IRS has cautioned individuals about a rise in fraudulent tax schemes on social media that misuse credits such as the Fuel Tax Credit and the Sick and Family Leave Credit. The scams typically appear...
IRS Urges Emergency Preparedness Ahead of Peak Disaster Season (IR-2025-89)
The IRS has urged individuals and businesses to review emergency preparedness plans as hurricane season peaks and wildfire risks remain high. Essential documents such as tax returns, Social Security c...
IRS Warns of Scams When Donating After Disasters
The IRS has reminded taxpayers that while donating to disaster relief is a compassionate and impactful way to help, it is equally important to remain cautious. In the aftermath of disasters, scam acti...
IRS Highlights Retirement Benefits of IRAs
The IRS has reminded taxpayers that Individual Retirement Accounts (IRAs) continue to provide important benefits for those planning their financial future. A traditional IRA allows earnings to grow ta...
IL - Taxation of travel magazines and related services addressed
Illinois issued a general information letter addressing the taxation of travel magazines, marketing materials, and related services provided to member travel agencies for a fee. Generally, if a compan...
MI - Prepaid fuel tax rates announced
The Michigan prepaid sales tax rate for the period of November 1, 2025 to November 30, 2025 decreases to 16.0 cents per gallon for gasoline. For diesel fuel, the rate decreases to 19.1 cents per gallo...
MN - Digital products guidance updated
Minnesota has updated its guidance on how sales and use tax applies to digital products. The guidance covers taxable and nontaxable sales; bundled transactions; webinars, online classes, and instructi...
WI - Failure to timely file petition
A Notice of Action by the Wisconsin Department of Revenue was sent by USPS Certified Mail to the taxpayers. The Department asserts the mail was received by the taxpayers on March 27, 2025. The taxpaye...

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