After retiring, you still need to file taxes. However, it’s not as bad as when you were working. Florida does not have a state income tax, so you do not pay state taxes on your retirement. You do, however, pay taxes at the federal level. How long and how much depends on your additional income […]
Most probate cases involve submitting the will and assigning assets to relatives based on statutory requirements if the decedent died intestate – without a will. However, in some cases, a relative or another person might contest the will or other estate documents. When that happens, that person files a lawsuit in the probate court requesting […]
Many people, especially younger people who do not have families or many assets, believe they don’t need a will. However, that couldn’t be further from the truth. Even if you rent instead of own, but you have a bank account and a vehicle, you should have a will – at the very least.
If you do […]
Getting a letter from the Internal Revenue Service (IRS) is enough to make your heart jump. As you open it, you wonder what you did or didn’t do. You can prevent all that worry by having a tax attorney help you with income taxation planning every year.
The tax attorneys and business attorneys at France Law have the […]
When you are ready to start a business, you have several decisions to make. These decisions will affect the way you run and, more importantly, how the Internal Revenue Service taxes the business. The type of entity you choose also affects you financially because you might be financially responsible for lawsuits and creditors. Additionally, owning a […]
Most people do not think about estate planning until they are in their 40s or 50s unless they have many assets. However, accidents and illnesses can happen at any age. And, you do not need millions in assets to create an estate. In fact, even if you rent your home and vehicle, you should still […]
Everyone should have an estate regardless of age or how much estate is worth. If you own even one asset, a will can help you avoid probate or avoid lengthy probate, depending on the asset. Wills take effect when you die, but trusts can manage your assets during your life and after your death. If you should become […]
It’s tax time again. Most people should have already filed by the middle of February. The sooner you file, the less likely it is that someone will steal your identity and file “for” you. If you are getting a refund, that person will get the refund instead of you. You can tell if you were […]
Tax laws constantly change, from year to year. We now have the child tax credit to work with, plus the standard life changes that have always affected your taxes. Life changes could affect your taxes for the better – or worse, depending on your situation. You may have to make changes to certain documents to […]
While options to accelerate deductions and defer income become more limited after Dec. 31, you can still take advantage of a few to help lower the previous year’s taxes. You can still save more money and avoid some penalties with these tax tips. Start getting documents ready in January if you do not plan on […]
