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IRS & Tax Information

IRS Audit Rate Has Dropped Steeply Since 2010

November 8th, 2019

Posted in IRS & Tax Information

Are you concerned about being audited by the IRS? An IRS audit takes place when the Internal Revenue Service chooses to review a taxpayer’s accounts to verify that tax laws are being followed. As a preliminary caution, beware of phone scams as the IRS will always initiate a tax audit by mail. The IRS will not call to demand immediate payment or ask for a debit or credit card number over the phone, nor will they threaten to bring in local law enforcement to arrest people. Threats like these are common tactics scam artists use to trick victims.


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Florida Property Taxes – You Must Act Soon If You Wish to Contest Your County’s Proposed Assessments

August 22nd, 2019

Posted in IRS & Tax Information

Your local Florida County Property Appraiser mails out the Notice of Proposed Property Taxes (Truth in Millage or “TRIM” form) in August or September of each year.

Property owners or taxpayers who wish to contest or appeal their property value to the Value Adjustment Board must file a petition (one of the DR-86 forms) with the clerk of court within 25 days of the Notice of Proposed Property Taxes:


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Sales & Use Tax on Building Contractors

May 23rd, 2019

Posted in IRS & Tax Information

The St. Johns County and surrounding areas have seen a recent boom in the housing market and work by building contractors.  The complexity of the sales and use tax rules has led to erroneous and misapplication of the taxes, making this area ripe for Tax Audit with the Florida Department of Revenue (“DOR”). 


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3 Estate Planning Tips for 2019

February 1st, 2019

Posted in Estate & Personal Planning,IRS & Tax Information

It is recommended to periodically review your estate plan to determine if there are new planning opportunities of which you can take advantage.  Below are three tips as you move through 2019:


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Important Deadlines for Taxpayers in 2019

January 11th, 2019

Posted in IRS & Tax Information

Calendaring important IRS and tax authority deadlines can save you a lot of headaches at tax time.  To avoid paying penalties and other tax consequences, keep a calendar and plan for tax deadlines with your accountant, attorney, and other members of your professional team.  The below items are a few examples of important tax deadlines:


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You Could Be Denied A Passport for Owing Taxes to the IRS

September 28th, 2018

Posted in IRS & Tax Information

The IRS now has the power to block passports of seriously delinquent taxpayers thanks to a law passed by Congress in 2015.  In January 2018, the IRS published procedures to begin enforcement.  Prior to January 2018, the IRS had not been enforcing the new law. So far this year, the IRS has been sending tens of thousands of violators’ names to the State Department, which oversees passport applications.

If you have a seriously delinquent tax debt (defined as greater than $50,000 owed with increases for inflation), it is possible that you may not be issued a U.S. passport and your current U.S. passport may be revoked.  If you are overseas, you may be eligible for a limited passport good for direct return to the United States.


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Florida Property Taxes – You Must Act Soon If You Wish to Contest Your County’s Proposed Assessments

September 7th, 2018

Posted in IRS & Tax Information,Real Estate Law

Your local Florida County Property Appraiser mails out the Notice of Proposed Property Taxes (Truth in Millage or “TRIM” form) in August or September of each year.  Property owners or taxpayers who wish to contest or appeal their property value to the Value Adjustment Board must file a petition (one of the DR-86 forms) with the clerk of court within 25 days of the Notice of Proposed Property Taxes.


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Legal Considerations for Rental Property Owners

August 6th, 2018

Posted in Business Law,General Practice,IRS & Tax Information,Real Estate Law

Many local governments have enacted laws which require the owner of a short term rental property to obtain a certificate or other permit in order to utilize the property as a rental. This regulation comes in addition to obtaining a license from the Department of Business and Professional Regulation, a local business tax receipt, and the remission of Florida Sales Tax to the Department of Revenue. The issue of regulating short term vacation rentals has also been addressed recently by the Florida legislature.
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