Fuerst Ittleman David & Joseph PL
Serving Clients Across the Globe
Toll Free: 800-532-5075

Report ranks Florida's tax code among the best in the nation

Without a doubt, one of the more contentious issues in any race for federal office has long been the Internal Revenue Code, with some candidates arguing that it's far too complex and in need of a complete overhaul, and others advocating for smaller scale reform such as reducing the number of brackets.

Amendment calling for state tax breaks on solar panels passes

Florida voters were asked to decide an important tax-related issue during the primary election held back on August 30. Specifically, they were asked to vote "yes" or "no" on Amendment 4, which called for the same solar tax exemptions currently enjoyed by homeowners to be extended to business owners.

Amendment calls for tax breaks on solar panels for Sunshine State

From the hybrid technology in the cars we drive to the sustainable food we consume in restaurants, it seems as if environmental awareness now permeates many aspects of our daily lives. Indeed, many homeowners and businesses are now looking to go "off the grid," meaning rely completely on power generated by solar panels, in a bid to protect the environment and save money.

TIGTA calls on IRS to enhance OVDP noncompliance

Over the last few years, the Internal Revenue Service has granted noncompliant taxpayers with foreign bank accounts multiple reporting options via its Offshore Voluntary Disclosure Program. Specifically, these options enabled taxpayers to escape significant fines and other associated penalties by coming forward of their own free will and declaring these foreign assets.

Employee misclassification: A potential pitfall for business owners

If you are a small business owner, chances are very good that you are breathing a sigh of relief now that tax season is well behind us, as you are free to get back to the business of making money. Even better, you can feel relief knowing that the threat of an audit is receding with each passing day.

White House demands greater financial transparency post-Panama Papers

Most of the world is still abuzz over the recent release of the so-called Panama Papers, meaning the leak of roughly 11.5 million confidential corporate documents from the Panama City-based law firm Mossack Fonseca to the International Consortium of Investigative Journalists.

Florida businesses can't afford to overlook state and local taxation issues

As a business owner, your primary objective has always been doing everything in your power to help your enterprise not just grow, but thrive. To that end, you do whatever it takes on both a micro- and macro-level to ensure the continued success of your operations from carefully managing inventory to studying the spending habits of your customer base.