Posted on June 16, 2022
In this episode Director of Real Estate Tax Services Eric Green explains the benefits of participating in Opportunity Zones as a developer, investor or fund manager.
Posted on June 15, 2022
by
Karen Lake
Florida residents have two sales-tax exemption opportunities in July, when they can purchase a variety of items in the state tax-free. Three additional sales-tax holidays lasting one to two years also begin on July 1, 2022. Freedom Week returns for a second year, beginning on July 1 and running through July 7. During this time, […]
Posted on June 01, 2022
by
Angie Adames
One of the most basic tenets of tax efficiency is tax-loss harvesting, or the practice of selling underperforming investments and creating a capital loss that you can then use to offset capital gains and ultimately reduce the amount of income subject to tax. Despite the simplicity of this concept, there is a myriad of complexities […]
Posted on May 27, 2022
by
Karen Lake
To help its residents prepare for the 2022 hurricane season, the Florida legislature announced it has extended its annual disaster-preparedness sales tax holiday to run for two weeks between Saturday, May 28, and Friday, June 10, 2022. During this period, consumers and businesses in the state by purchase the following items free of sales tax: […]
June 1 marks the start of the Atlantic hurricane season and the potential for tropical force winds and heavy rainfall to damage property and impede business operations. The key to minimizing losses and getting your company back up and running after a storm is to have an actionable plan in place before the National Weather […]
Posted on May 19, 2022
In this episode Director of Tax Services Jeff Mutnik explains when someone needs an estate plan and the potential tax and legacy value in creating a plan, including avoiding probate and trusts you can control before and after death.
Posted on May 18, 2022
by
David Kolan
The pandemic has spurred a tsunami of entrepreneurial new businesses. According to the U.S. Census Bureau, a record 5.4 million new business applications were filed in 2021, compared to 4.4. million in 2020 compared to 3.5 million before the pandemic in 2019. Whether these ventures will prove successful remains to be seen, but each one […]
Posted on May 10, 2022
by
Tomoko Shoji
Congratulations! You filed your tax return (or requested a filing extension) and paid your tax liabilities by the April deadline. However, there are circumstances for which you may need to amend your return and/or attempt to reduce your tax liabilities for the current year. Following are some tips to keep in mind after filing your […]
Posted on May 08, 2022
Individuals participating in high-deductible health plans (HDHPs) will be able to contribute more of their pre-tax earnings to health savings accounts (HSAs) in 2023 and yield related tax and savings benefits. The IRS recently announced it will increase the annual HSA contribution limits that qualify for a full tax deduction in 2023 to $3,850 (up […]
Posted on May 05, 2022
by
Karen Lake
In this episode Director of Tax Services Karen Lake shares information about SALT, state and local tax credits, work opportunity tax credits and more.
