Recent Blog Posts
Florida Tax Extensions And What Happens If You Miss Filing Deadlines
Tax Day is traditionally April 15th, but that deadline got delayed for residents of Florida and other states in 2025. Due to the devastation caused by Hurricane Milton, tax deadlines here and in Alabama, Georgia, North and South Carolina, and several counties in Tennessee and Virginia were extended until May 1, 2025 However, even… Read More »
Is One-Time Tax Forgiveness A Marketing Gimmick? Our Florida Tax Attorney Explains Actual Ways To Reduce Your Tax Debts
Tax debts are overwhelming and can pose a major threat to your financial security. If you owe money to the Internal Revenue Service (IRS), you may have heard about one-time tax forgiveness programs and wondered if you were eligible. Unfortunately, there is no actual program that provides a one-time pass in terms of paying… Read More »
How Florida Small Businesses Can Maximize Tax Savings in 2024
Running a small business in Florida is a lifelong dream for many, but taxes are a potential problem at this time of year. Heavy tax debts and penalties can quickly derail all your hard work and planning. Fortunately, numerous tax breaks for small businesses help reduce the burden. If you’re a small business owner,… Read More »
Common Red Flags In Florida Tax Returns That Trigger IRS Audits
Few things in life are more stressful than receiving a notice that you are getting audited by the IRS. While it does not happen often, mistakes or inconsistencies on your tax return act as red flags and increase the risk. Florida tax-IRS attorney Ronald Cutler explains some of the common reasons behind tax audits… Read More »
Do You Have To Pay Taxes On An Inherited Retirement Account? What Florida Beneficiaries Need to Know
Inheriting a retirement account from a loved one can be both a challenge and a blessing. The rules for inherited retirement accounts can be complex, and making the wrong move could lead to unnecessary tax burdens. Whether you’ve inherited a traditional IRA, 401(k), or Roth IRA, understanding how withdrawals are taxed can help you… Read More »
Tips From Our Florida Tax Attorney As Federal Filing Deadlines Approach
If you are among the many Florida residents who have yet to file their taxes, approaching tax deadlines may be causing you stress. Whether you are filing as an individual or a business owner, being aware of key deadlines, potential deductions, and common tax filing mistakes can help you avoid costly penalties. As a… Read More »
Five Common Tax Problems To Address At The Beginning Of A New Year
The beginning of a new year offers the chance for a fresh start. It is also the perfect time to organize your financial and tax matters. For many, unresolved tax problems create unnecessary stress and lead to costly penalties. Addressing issues early in the year sets you up for a less stressful tax season…. Read More »
Tax Implications of Relocating: If You Are New To Florida, Know What To Expect
Florida’s warm climate, vibrant culture, and reasonable cost of living drive thousands of people to move to the Sunshine State each year. Relocating also offers tax advantages and incentives for retirees and business owners. However, if you relocated over the past year, make sure you understand state tax laws and potential implications. Florida tax… Read More »
Cryptocurrency Taxes in Florida: What Investors Need To Know During Tax Season
Tax season is upon us and if you are one of the many people trading Bitcoin or other cryptocurrencies, understanding the tax implications is essential. Florida tax attorney Ronald Cutler is a certified public accountant and a former FBI special agent. He explains what you need to know about cryptocurrency during the 2024 tax… Read More »
How To Recognize Tax Scams This Tax Season
The 2025 federal tax season begins January 27th, and the Internal Revenue Service (IRS) promises historic improvements to make filing easier for taxpayers. However, they also want the public to be alert for scammers, who become increasingly active at this time of year. Florida tax attorney Ronald Cutler is a certified public accountant and… Read More »
