taxes

gainesville-fl

Picking a form of doing business

By: Phillip N. Kabler Esq., Bogin, Munns & Munns, P.A. Welcome back! In the prior article I outlined the future topics to be addressed over time. So let us start where businesses start, when they are first formed. But before I do…A quick reminder that the 2016 Florida Legislative Session has begun. House and Senate...
gainesville-fl

YOUR TAXES: IRS Announces Annual Inflation Adjustments

For tax year 2016, the Internal Revenue Service has announced  their annual inflation adjustments for more than 50 tax provisions, including the tax rate schedules, and other tax changes. The tax items for tax year 2016 of greatest interest Alachua County Business business community include: For tax year 2016, the 39.6 percent tax rate affects...
gainesville-fl

New Standard Mileage Rates Now Available; Business Rate to Rise in 2015

IR-2014-114, Dec. 10, 2014 WASHINGTON — The Internal Revenue Service today issued the 2015 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes. Beginning on Jan. 1, 2015, the standard mileage rates for the use of a car, van, pickup or panel truck...
gainesville-fl

United Way's VITA Program to Offer Free Tax Preparation

Tax Day, one of the most important days of the year for businesses of all sizes, is just a month and a half away. Although some people have been preparing for weeks, others may still be struggling to get everything in order for Uncle Sam. United Way’s VITA Program and tax website are here to...