The IRS has announced an increase in the optional standard mileage rate for the remainder of 2026. Optional standard mileage rates are used by employees, self-employed individuals, and other taxpayers...
The IRS has updated the applicable percentage table used to calculate an individual’s premium tax credit and required contribution percentage plan years beginning in calendar year 2027. The percenta...
Final regulations under Code Sec. 2056A have been adopted, applicable specifically to the estates of decedents that are passing property in a qualified domestic trust (QDOT) to (or for the benefit o...
The IRS has reminded businesses that seasonal and part-time employees must generally follow the same federal tax withholding, Social Security and Medicare tax rules as full-time employees. The agency ...
The IRS has advised newly married couples to update their tax information before the next tax filing season. The agency said marriage can change a couple's taxes, so taking a few simple steps now can ...
The IRS has reminded taxpayers that they have the right to question an IRS decision if they believe it is incorrect. This right is part of the Taxpayer Bill of Rights and helps make sure taxpayers a...
The National Taxpayer Advocate has released the Fiscal Year 2027 Objectives Report to Congress, concluding that the IRS generally conducted a successful 2026 filing season despite significant operatio...
The City of Bay Minette increased its general lodgings tax rate from 7% to 9%, effective August 1, 2026. Notice, Alabama Department of Revenue, July 24, 2026...
A dispute arose over how to calculate tax credits for the Municipality of Anchorage’s natural gas production. Alaska law taxes the production of natural gas, while also allowing gas producers to cla...
Arizona's Department of Revenue released the transaction privilege tax (TPT) rate chart effective September 1, 2026. It includes rate changes for Kingman. Transaction Privilege and Other Tax Rate Tabl...
For the period of October 1, 2026 through September 30, 2027, the Arkansas motor fuel rate on gasoline remains 24.7 cents per gallon. The rate on diesel fuel remains 28.5 cents per gallon. News Releas...
Guidance is provided regarding the reporting of miles and gallons that are exempt from motor fuels tax on International Fuel Tax Agreement (IFTA) quarterly tax returns. When an IFTA jurisdiction suspe...
A congestion impact fee imposed in Colorado on all short-term vehicle rentals was not preempted by the federal Anti-Head Tax Act (AHTA). The relevant AHTA provision forbids a state from levying or col...
Guidance is provided regarding 2026 legislation that modified Connecticut's conformity to IRC Sec. 174 and IRC Sec. 174A. IRC Sec. 174 was substantially amended in 2025 by OBBBA (Federal P.L. 119-121)...
Delaware Gov. Matt Meyer delivered a presentation for his fiscal year 2027 budget that includes proposals to increase taxes on cigarettes and other tobacco products and to establish a film tax credit....
The District of Columbia has issued guidance discussing the procedure for appealing determinations of fair market value (FMV) by the recorder of deeds for imposing recordation and/or transfer taxes fo...
Applicable to tourist development tax collected on or after October 1, 2026, collection and administration of the 5% Highlands County tourist development tax imposed on transient rentals is transferre...
Georgia updated its guidance on personal income tax withholding requirements for employers in 2026. The revisions include a reduction in the state income tax rate from 5.19% to 4.99%, effective May 11...
Hawaii issued guidance on how the $40 million annual aggregate cap on the renewable energy technologies income tax credit applies to credits claimed in 2027 for renewable energy technology systems ins...
daho residents are reminded about previously enacted legislation that provides a sales and use tax exemption for certain small sellers with annual sales of $5,000 or less. The exemption is effective J...
Illinois issued a general information letter discussing use tax rules for inventory purchased free of sales tax that is withdrawn and given away across state lines. The ruling also addresses physical ...
Fees for accessing a taxpayer's cloud-based financial trading educational services and software offered to customers through the taxpayer's website were not subject to sales and use tax.Specified Digi...
The Iowa Department of Revenue has adopted emergency rules providing for additions, exceptions, or amendments to the Uniform Rules on Agency Procedure. A number of rules are amended, rescinded and ado...
Kansas issued guidance discussing legislation that:repeals the corporate income tax credit for alternative fuel motor vehicles and fueling stations on January 1, 2027; andestablishes new income tax cr...
The Summer issue of Kentucky's sales facts newsletter provides an overview and the effective dates for 2026 legislative changes that:impose sales and use tax on data brokering services and pay telepho...
The Louisiana Department of Revenue has announced that a preliminary fortified home evaluation is no longer required to qualify for the fortified roof tax credit against personal income tax. Revenue I...
Maine Revenue Services has issued a summary of legislation enacted during the 2026 Legislative Session. 2026 Legislation Enacted, Maine Revenue Services, June 15, 2026...
Equipment used by a public utility to transmit and deliver electricity generated out of state to customers in Maryland was exempt from sales and use tax. The transmission and distrubution system was d...
The Massachusetts Appeals Court reversed an Appellate Tax Board decision and held that a residential property tax exemption did not apply because the taxpayer was the limited liability company (LLC) t...
Michigan has amended the Commercial Rehabilitation Act which exempts qualified facilities within special districts from property tax. Such facilities are instead subject to a commercial rehabilitation...
The Minnesota Tax Court denied a taxpayer’s motion to seal documents in his Minnesota individual income tax appeal and vacated an earlier order that had provisionally treated three IRS documents as ...
Mississippi has revised its technical bulletin regarding sales tax applicable to purchases by farmers to reflect recent legislation. The revisions add gates and fencing for the containment of livestoc...
A Missouri Court of Appeals decision ruled that federal historic tax credits (HTCs) that the owners of a rehabilitated building (respondents) in St. Louis acquired as a result of the rehabilitation we...
Taxpayers appealed a final decision by the Montana Department of Revenue (Department) denying a deduction for interest paid on shareholder promissory notes (Subject Transactions). The Department concl...
The seven year limitations for an action initiated by the Nebraska State Treasurer against a holder of unclaimed property is tolled by the delivery of a notice that a holder is subject to an examinati...
The June 2026 issue of Nevada Tax Notes focuses primarily on Nevada tax administration and compliance updates. The headline item is the upcoming Phase 3 rollout of My Nevada Tax on December 7, 2026, w...
Effective for tax years beginning in 2028, businesses may qualify for a credit against New Hamshire Business Profits Tax and Business Enterprise Tax for expenditures to create and, for two years, to o...
New Jersey is temporarily capping the corporate business tax net operating loss deduction at $1 million, for privilege periods ending on or after July 31, 2026 but before July 31, 2030. For privilege ...
New Mexico has announced that its interest rate on underpaid and overpaid taxes will increase to 7% for the third quarter of 2026. Penalty & Interest Rates, New Mexico Taxation and Revenue Departm...
For the period September 1, 2026, through August 31, 2027, the amount of prepaid New York sales tax on cigarettes is:$1.32 on packs of 20 cigarettes; and$1.65 on packs of 25 cigarettes.Release, New Yo...
Guidance is issued regarding recently enacted legislation, effective July 1, 2025, that changed the North Carolina excise tax rate methodology for snuff, imposed a new excise tax on alternative nicoti...
North Dakota has announced the following local sales and use tax changes effective October 1, 2026: (1) the city of Kindred will remove its maximum tax (refund cap); (2) the city of Minot will increas...
Ohio issued new personal income tax withholding tables for employers, effective for payrolls that end on or after August 1, 2026. The income tax rate reductions authorized in the FY 2026-27 appropriat...
Oklahoma has expanded the property tax exemption for oil and gas production equipment by including flowlines and gathering lines that extend from the wellhead to the custody-transfer point or producti...
Portland has amended its Arts Tax to provide tax relief and enhance the sustainability of the Arts Access Fund.The tax is increased from $35 to $50 on each resident of Portland who is at least 18 in t...
Pennsylvania increased household income limits for property tax and rent rebate claims for 2026 by 4.10%. The supplemental rebate household income limit is $33,390. Notice of Annual Household Income ...
Effective July 1, 2027, certain urban and small farmers are exempt from Rhode Island personal income, sales, and property taxes. A "small farmer" is a farmer engaged in agricultural operations on fewe...
The South Carolina Court of Appeals dismissed an admissions tax challenge because the taxpayer failed to perfect its appeal under the law, which required the taxpayer to either pay the taxes owed or p...
The South Dakota Department of Revenue’s Bars and Restaurants Tax Fact explains the sales and use tax rules that apply to restaurants, bars, caterers, food vendors, and similar businesses, including...
Tennessee has announced that the annual sales tax holiday will take place July 31, 2026, through August 2, 2026. During the holiday weekend, clothing and school supplies priced at $100 or less can be ...
The Texas Comptroller of Public Accounts has determined the average taxable price of crude oil for the reporting period May 2026 is $49.94 per barrel for the three-month period beginning on February 1...
Utah updated its Streamlined Sales and Use Tax (SST) Agreement taxability matrix and certificate of compliance. The changes are effective August 1, 2026. Taxability Matrix: Tax Administration Practice...
The maximum Vermont sales and use tax that can be imposed on the purchase of tracked vehicles for sales that occur between July 1, 2026, and June 30, 2028, is $1,810 after adjustment for 2024 and 2025...
The Virginia Department of Taxation has issued a reminder about the upcoming annual state sales tax holiday that runs from August 7 through August 9, 2026. During this period, consumers can buy a numb...
Casual or isolated sales are not subject to Washington business and occupation (B&O) tax. Such sales are subject to sales tax if the sale is made by a person required to be registered with the Dep...
West Virginia updated a guidance publication that explains how sales and uses taxes apply to purchases of construction materials and to repair, maintenance, or installation services related to real pr...
The Wisconsin Department of Revenue has issued Wisconsin Tax Bulletin Number 234 (July 2026). The Bulletin includes:Income and Franchise Tax Updates and Reminders;Sales and Use Tax Updates and Reminde...
Wyoming issued guidance implementing recent legislation making changes to the state's tax on electricity used to power motor vehicles. The legislation changed the tax rate on electricity used to power...
Welcome to Figueroa's Income Tax Service
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The 2026 tax season will begin late January, and we are here to make the process simple, accurate, and stressfree for you. With over 36 years serving our community, our goal is to provide honest, reliable, and professional tax preparation service you can trust.
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Our office is proud to be a certified e-file provider! We e-file of client returns, striving to become a paperless agency. When you have your taxes done at our office, we electronically file your returns with the IRS immediately after obtaining your authorization signature. We will notify you if there are any issues with your tax return.
To check the status of your refund, visit the official IRS website and click on "Where's My Refund?" You will need your social security number, filing status, and the exact refund amount, which can be found in the Your Copy folder we provided.
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