Maximizing Tax Deductions for Charitable Giving

Giving to charity not only benefits the charities but can also benefit the donor because of valuable tax incentives. To fully maximize the tax deductions, you – or your tax planning attorney – must understand the intricacies and strategies of charitable giving and tax law and how they apply to your unique financial situation. The […]

Revocable vs. Irrevocable Trust

Estate planning is complex as there are many choices to make sure your loved ones receive your assets. One of those choices is whether to use a trust and, if so, which one is best for your circumstances. This is where an experienced estate planning attorney comes in – after listening and studying your circumstances, […]

Choosing the Right Executor for Your Will

Choosing the right executor to carry out your will is just as important as the will itself. This is because while a will is a legal statement of how you intend your assets to be distributed after your passing, an executor ensures that your wishes are carried out as spelled out in your will. The […]

Tax Planning for Small Business

Running a small business comes with a lot of unique challenges, not the least of which is managing your finances. If you can’t determine how much money is coming in or going out, it’s almost impossible to know whether you’re succeeding or not.

One area where many small business owners flounder is taxes. Even if you’re […]

Gift Tax Basics

If you intend to transfer your assets, which include money or property, to someone who is not your spouse or dependent as a gift, know that you will be required to pay a gift tax. Let’s dive into the fundamentals of gift taxation to help you understand how to navigate the laws surrounding it.
What Is […]

Top Reasons to Hire an Attorney for Estate Planning

Many people think of tons of assets when they hear the word “Estate.” Not every estate is huge. Every person has an estate that consists of any assets you own. Even if you have a bank account and one car, you have an estate. If you become incapacitated or die, regardless of age, your estate […]

Business Taxation: Tips for Business Owners

The best way to navigate business taxation, especially if you are getting ready to start a new business, is to retain a Florida business tax attorney. When determining which type of entity you want to use, you must look at the tax ramifications of each type. For example, a small business might benefit more from […]

The Basics of Estate Planning: How to Protect Your Assets and Ensure Your Legacy

Something everyone aged 18 or older should have is an estate plan. You don’t have to be a millionaire to have an estate plan. If all you have is a bank account and a vehicle, your assets must go through probate if you die. All it takes is an unexpected accident or illness. A Florida […]

How To Maximize Your Tax Refund

You want to pay as little income tax as possible – or receive the most money back if you are due to receive a refund. Filing taxes on your own takes a lot of research every year to ensure that you don’t pay more than you should. Tax deductions and credits change frequently, and if […]

Five Tax Tips For Business Owners

Tax time for businesses is often a complicated process. If you don’t have a good tax attorney, you could end up getting audited for mistakes an accountant makes. Florida tax lawyers must stay up to date on the newest tax laws, including business deductions. Another benefit of using a Florida tax attorney is that should […]