Tag Archives: Orlando Tax Attorney
Education-Related Tax Benefits
Over the past decade, higher education has become more and more expensive, making it especially important for parents and students to take advantage of available education-related tax benefits. If you or your child are thinking about applying for college, you should consider speaking with an experienced tax attorney who can help you apply for… Read More »
IRS Announces Tax-Related Inflation Adjustments
Recently, the IRS released the annual inflation adjustments for 2018’s tax rate schedules. These adjustments are generally used on returns filed in 2019, so if you have questions about how this information could affect next year’s taxes, please call today to speak with a dedicated tax attorney who can assist you. Deduction Thresholds … Read More »
Tax Filing Tips for Small Business Owners
Tax season can be a stressful time for any taxpayer, but this is especially true for small business owners, as the filing process is notoriously complex. However, those who keep the following tips in mind may be able to avoid some of the more time-consuming and expensive aspects of filing taxes. To learn more… Read More »
IRS Issues Notices to Taxpayers with Expiring ITINs
This month, the IRS began sending notices to over one million taxpayers across the country regarding the expiration of their Individual Taxpayer Identification Numbers (ITINs). Those receiving letters must renew their ITINs in order to file next year’s tax return, so if you have received a letter notifying you of your ITIN’s impending expiration,… Read More »
Florida Reduces Sales Tax on Commercial Rent
Florida is currently the only state in the country where residents are required to pay sales tax when renting a commercial property. However, a recently enacted amendment will reduce the required amount of sales tax on these properties starting in January 2018. Although it is hoped that the reduction will attract new businesses to… Read More »
Florida’s Tax Free Weekend
Florida governor, Rick Scott recently passed another measure intended to bring him closer to achieving one of his administration’s goals, which is to lower sales tax across the state. To this end, Governor Scott signed a bill into law in May that will result in an estimated $180 million tax cut. Included in the… Read More »
The Importance of Protecting Financial Information
Recently, the Internal Revenue Service (IRS) warned taxpayers to be especially vigilant about protecting their personal, financial, and tax information during tax season. Failing to take precautionary steps can have devastating consequences for taxpayers who stand to have their identities stolen or lose thousands of dollars. To learn more about how to protect your… Read More »