When planning the future of your estate, it is important to consider the impact of President Biden’s proposed capital gains tax. Many have a general idea how they want their estate divided when they die but are unsure how to accomplish that in the most effective...
Corporations paid over $230 billion in tax in 2019. That figure doesn’t include taxes paid by sole proprietorships and other small businesses.
Savvy business owners are always looking for ways to reduce their tax bill. The good news is that there are...
If you have a lien on your business’ property or assets, you’re likely concerned about the legal ramifications of failing to pay a debt. In this article we will explain the different types of liens that may affect your business.
What is a lien?
A...
Let’s face it: nobody wants to reflect on their own mortality. Preparing for the end of life can be a difficult process, but that doesn’t make it any less important. We'll discuss the basics of estate planning in florida.
Estate planning is crucial...
It’s not often that we receive good news regarding federal income taxes. In the current state of global pandemic crisis, we all could use a little good news. Thanks to the Internal Revenue Service and the Department of Treasury, we are happy to share bit...
If you are a US citizen, green card holder, or in the military (on duty) residing outside the United States and you have earned income in the United States for the year 2017, you are required to declare such income in the United States.
The normal filing deadline...
If you haven't applied for an extension, e-file or postmark your individual tax returns by midnight April 18, 2018.
Need more time to prepare your tax return?
File your request for a tax extension by April 17 to push your tax deadline back to October 15, 2018.
In...
Whats an Individual Tax Identification Number (ITIN)?
In today's global economy, business ventures increasingly reach overseas to leverage the established business operations and processes in new markets. Every year, more and more people decide to bring their...
We get a lot of questions about which travel expenses are considered tax deductible business expenses. According to the Internal Revenue Code (IRC), certain expenses associated with travel are tax deductible. Not all travel expenses are tax deductible, but there...
It's Tax Deduction Awareness Month here at Boyer Law Firm!
Attorney’s fees paid to help your business or for income-producing matters in general are tax-deductible expenses. Whether the attorney’s fee is tax-deductible ultimately comes down to the nature...
