State and Local Tax

Has your company overpaid sales and use taxes?
Wednesday, September 24, 2008
Your company has diligently paid sales and use taxes. But you may have overpaid them. The good news: You may be eligible to receive a refund (and the state won't tell you if you are). Alternatively, you may not be sure that your company is in compliance. State and local tax compliance, particularly in the areas of income/franchise and sales/use taxation (including internet commerce), is being enforced with renewed vigor. The state of Florida, along with many other states, has expanded its audit campaign in an attempt to capture this revenue. This aggressive crusade may put your company in financial jeopardy if you are not compliant with existing laws. Click through to learn whether you may be due a refund, take a survey to determine if you need help, and how to proceed.
 
Internet access will remain primarily tax-free for seven more years
Wednesday, November 14, 2007
Right now the internet is like a really cool town with something for everyone. It has shopping and history and places to hang out. But, how long will your access to this cool place remain free of charge? Where does the issue of internet taxation stand? The federal moratorium barring states and local governments from imposing taxes on internet access was enacted in 1998. That moratorium banned taxes on internet access, double taxation (by two or more states or other entities) of a product or service bought over the internet, and discriminatory taxes that treat internet purchases differently from other types of sales. On October 31, 2007 in its final hours of life, the moratorium on state and local taxes on internet access was extended for seven years and signed into law by President George W. Bush. Click through for details about the Internet Tax Freedom Act Amendments Act of 2007.
 
Florida residency may save you significant taxes
Wednesday, March 7, 2007
Selecting a state to call home is often an emotional process. There are a number of factors that must be considered before making such an important decision. You should be aware of the significant tax benefits associated with having your primary residence or domicile established in Florida. Unlike most other states, Florida does not impose a state personal income tax. Additionally, Florida residents are no longer subject to intangibles tax. We can help you weigh the pros and cons of residency in various states and help you determine if establishing residency in Florida is right for you. Click through to become familiar with some of the factors that may affect your ability to establish residency in Florida.