This page provides an overview of the sales tax rates and laws in Florida. If you are a business owner and need to learn more about things like getting a sales tax permit, filing a sales tax return, or making tax-exempt purchases for resale see the Florida Sales Tax Handbook's Table of...
“This case is a wake-up call to business owners using life insurance to fund stock redemptions,” Florida-based tax and insurance planning expert John Resnick told the Journal.“Traps for the unwary can wreak havoc on families when the owner dies.” So what should companies that had been ...
As client service is a main goal of Marcum, we work regularly with the other tax and business service groups within the firm to assure that we anticipate and exceed the needs and expectations of our tax-exempt organizations. Educational, religious and charitable organizations. ...
Florida Corporate Income Tax: Corporations that do business and earn income in Florida must file a corporate income tax return (unless they are exempt). Florida Property Tax: Florida Property Tax is based on market value as of January 1st that year.Taxes...
Guide to Federal Tax Classifications for Business Owners There are six primary federal tax classifications, and each has specific restrictions that determine how the business operates and is taxed.Start your online business today. For free.Start free trial ...
All states except Alaska, Florida, Nevada, South Dakota, Texas, Washington, and Wyoming have income taxes. New Hampshire and Tennessee impose income taxes only on interest and dividend income. If you do business in a state that imposesstate income taxes, you must withhold the applicable tax fro...
The Multistate Tax alert archive includes external tax alerts issued by Deloitte Tax LLP's Multistate Tax practice during the last three years.
Florida courts, a property’s entitlement to an exemption or special classification must also be based on how the property was actually used as of January 1st. This “actual use doctrine,” as it is commonly referred to, can cause headaches for owners of agricultural property and owners of ...
Florida offers a host of tax advantages for prospective small business owners.Small businessregulations in Florida are minimal, and the state imposes few barriers to entry for new companies. The only companies that pay state income taxes in Florida are traditional corporations (also called C corporat...
Property tax exemptions are not automatic. Homeowners must apply for exemptions and demonstrate their eligibility. A Miami homeowner who takes thehomestead exemptionin Florida might also qualify for other exemptions if they are a disabled veteran. ...