If you are the owner of a small business that was able to obtain a Paycheck Projection Program (PPP) Loan, you have probably already started worrying about how you are…
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Every year, the majority of taxpayers file their returns with the IRS between by the April due date. However, the IRS does not just take taxpayers’ word regarding the information…
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If you’re thinking of selling real property that will result in a gain, there are a number of issues that impact the amount of taxes you will owe, and you…
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Individuals as well as corporations, partnerships, and trusts that have financial interests in or authority over one or more foreign financial accounts need to report these relationships to the U.S.…
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The recent tax law changes eliminated the deduction for personal casualty losses for tax years 2018 through 2025, but did retain a deduction for losses within a federally declared disaster…
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For many individuals struggling with overwhelming debt, bankruptcy can be an attractive option that allows the individual to start over with a “blank slate,” as it were. However, not all…
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If you are a business owner who is accustomed to treating clients to sporting events, golf getaways, concerts and the like, you were no doubt disappointed by the part of the…
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As a result of an accident a Plantation resident received a significant personal injury settlement and asked one of our tax consultants whether it is taxable.
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Do you know that if you receive a gift or bequest from a family member, friend or estate who is considered a foreign person you may have a reporting requirement…
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If you have an interest in or have signature authority over a foreign bank account or other financial accounts you may be required to file a Report of Foreign Bank…
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