The Small Business Tax Help Blog

Posts Tagged ‘florida’

Buchanan Announces Five Point Jobs Plan

Question: In regards to taxes, what should i do with my 18 month old home business? Incorporate?

I generate about 40k profit from my home office. When it comes to paying taxes and making deductions, what is the best way to set up my business? I live in Florida.

Answer: You need to have someone sit down with you and do a financial analysis of your situation. There is no easy answer until you know what will apply to you.

There may be a case for you to incorporate to take advantage of deductions and fringe benefits that may be available in your situation.

In any event, consult a CPA in your area to help you.

What Delays a Mortgage Foreclosure

Did your neighbor stay in the house more than a year after the last mortgage payment? Here’s why.

Rubio Talks Taxes on Fox Business Network

Question: Moving an S Corporation from Florida to New York. Should I register as a foreign corporation or dissolve it?

I am moving from Florida to New York and have an S corporation with 1 employee (myself). The company was incorporated in Florida a few years back. The company has yet to make any profit, but that will change as of Jan 1, 2010. Should I register to do business as a foreign corporation in NY or dissolve the corporation altogether? I believe there is a tax free reorganization option as well. Just trying to see what makes the most sense financially (and tax wise), as Florida has traditionally been business friendly.

Answer: First, find out what the consequences are of registering a Florida corporation as a foreign corporation in NY. Knowing New York, there is sure to be some tax implication.

Medicare corruption gusher worsens

Among South Florida’s fearless Medicare rip-offs — and there are thousands — is the story of Guillermo Denis Gonzalez.

Gov. Crist Explains Business Tax Break

The Gulf Disaster: Whose Asses Need Kicking?

A combination of industry recklessness and regulatory failure led to the Gulf of Mexico catastrophe. It will happen again unless Washington, business and the rest of us change

Congressman Vern Buchanan Calls For Tax Code Simplification For Small Business.

US Attorney weighs charges for Maui-bound passenger

PORTLAND, Ore. — A passenger’s threatening behavior forced a plane to turn around and head back to Portland Wednesday, but as of Thursday morning, the Salem man had been released with no charges. The FBI and Port of Portland officers questioned the 56-year-old but released him without charges, deferring to the U.S. Attorney as to whether or not he had acted illegally. According to the FBI, the …

How to Estimate Home Repairs Vol 1 of 2 by Matt Garcia