Recent Blog Posts
Is Your Florida Business at Risk for a Payroll Tax Audit?
When you run a business, staying compliant with payroll tax requirements is just as important as paying income taxes. Unfortunately, small and mid-sized businesses are often targets for payroll tax audits, especially when mistakes are made in withholding, depositing, or reporting employee wages. These audits can lead to severe financial penalties and, in some… Read More »
Why the IRS May Reopen a Closed Tax Year (And What You Can Do About It)
Florida taxpayers often breathe a sigh of relief once tax season ends. However, under certain circumstances, the IRS can and does reopen closed tax years, sometimes going back several years beyond the standard window. If you receive notice that a closed tax year is under review, do not panic. Don’t ignore the situation, either. … Read More »
Do You Owe Taxes on Debt Forgiveness? What Florida Residents Need to Know
If you have recently had debt forgiven, you are likely feeling relieved. Unfortunately, that feeling could be short-lived. Many Florida residents do not realize that, in some cases where a creditor forgives a debt, the Internal Revenue Service considers it as income. This means that the debt forgiveness you were so happy about could… Read More »
IRS Payment Plans: What All Florida Taxpayers Need to Know
Large federal tax debts can happen for a variety of reasons. Trying to work with the Internal Revenue Service (IRS) to resolve the issue can be overwhelming, especially if you do not have the funds to pay the total amount owed. Fortunately, the IRS payment plans allow taxpayers to settle their tax debts over… Read More »
What You Need To Know About Filing a Tax Extension in Florida
Many Florida taxpayers need extra time to get their paperwork together, especially if they are self-employed, own a business, or are waiting on important financial documents. Filing a tax extension can give you some breathing room, but it is important to understand what getting one does and doesn’t do. Florida tax-IRS attorney Ronald Cutler,… Read More »
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 »
