Republican Tax Reform Framework
By Jennifer Kobylarz, CPA, MST – Tax Services, Rosenfield & Co, PLLC On Wednesday, September 27th, the Republican Party announced their Tax Reform Framework, outlining tax cuts for both individuals and businesses. Largely, the Framework conforms to the goals President Trump outlined in April. The largest difference being the proposed corporate tax rate; President Trump […]
House Bill 7109 for Florida Sales Tax on Rent
From the desk of Jennifer Kobylarz, CPA, MST Florida Statute §212.031 currently imposes a 6% sales tax on rents received for the right to use real property. The applicable sales tax rate for rents is currently 6% in all counties except for Miami-Dade, where the rate is 7% due to a 1% county add-on option. Over […]
Maximizing your Dealer Management Systems
From the Desk of Sally Lopez, Director of Information Technology, Dealer Services Some of the typical questions I have heard Dealers ask themselves are: “How can I cut my Data Processing Expense?”, “What applications are right for my dealership?”, “How can I get more out of my DMS?”, “Who can do this for me if […]
Critical Updates on Forms W-2, W-3, 1096 and 1099
From the Desk of Peter Goodrich, Tax Staff With another calendar tax year coming to a close, it is important to bring to your attention some of the significant changes that have been made regarding the filing compliance of W-2’s and W-3’s, and 1099’s and 1096’s due to a tax provision enacted in late 2015 […]