2020 was the year for working remotely, and one of the more prominent questions in the 2020 tax season has to do with state income taxes. The question boils down…
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The $1.9 trillion American Rescue Plan Act of 2021 that President Biden signed into law on March 11, 2021, included a number of provisions aimed at assisting small businesses that…
President Biden has signed the $1.9 trillion American Rescue Plan Act of 2021 into law, aimed at assisting millions of Americans and business owners feeling the impact of COVID-19. Not…
For many years, transactions and earnings in virtual currencies stayed off of tax returns. As the value of cryptocurrencies rose, the IRS began enforcing and clarifying cryptocurrency tax laws. The…
Certain types of healthcare providers are subject to unique financial requirements any time they open a new facility or undergo a change in ownership. Florida’s Agency for Health Care Administration…
With so many small businesses struggling to survive the pandemic, the last thing any S-Corporation or shareholder wants to have to deal with is a big tax bill. One way…
In 2019, we had low unemployment and low interest rates. The stock market was hitting new highs on a regular basis. In the past year, our economy, as well as…
2/23/2021 UPDATE: President Biden’s administration has enacted a regulatory freeze that impacts the DOL’s ruling employment classifications. We do not expect the new employees vs. contractors rule described in this…
The Consolidated Appropriations Act of 2021 is actually 31 bills rolled into one and includes a variety of relief provisions in response to the COVID-19 pandemic. In our January 14,…
Voters in Duval and Clay Counties of Florida have elected to increase their local sales tax rate by a half-cent, effective January 1, 2021. The new Jacksonville sales tax rate…
