Monthly Archives: January 2026
Discharging Federal Tax Debt in Bankruptcy: Rules Florida Residents Should Know
Bankruptcy can provide a fresh start when faced with overwhelming debt, but most people think it doesn’t apply when dealing with the Internal Revenue Service (IRS). Florida taxpayers facing financial hardships are often surprised to learn that, under certain conditions, federal taxes can be discharged. While it’s not always an option and the rules… Read More »
Payroll Tax Issues for Florida Small Business Owners: Common IRS Pitfalls
Running a small business in Florida comes with a long list of responsibilities, which includes making sure you meet your payroll tax obligations. Many small business owners consider payroll taxes as just another administrative burden, but the Internal Revenue Service (IRS) takes the matter very seriously. Failing to withhold, deposit, or report payroll taxes… Read More »
What Triggers IRS Audits on Offshore Bank Accounts in Florida and How Taxpayers Can Protect Themselves
Offshore bank accounts are perfectly legal. However, they can also raise red flags with the IRS, especially when not adequately disclosed. In recent years, the IRS has significantly increased enforcement around foreign assets and international income, and Florida taxpayers are often caught off guard when audit letters arrive. You may be subject to strict… Read More »
