Read about the latest news and views on federal, state and local taxes for small business and individuals for better tax understanding and planning.
The decision to choose the right business structure is crucial for entrepreneurs. Many start with a Limited Liability Company (LLC) due to its simplicity and cost-effectiveness. However, as a business grows and generates more income, changing from an LLC to an S Corporation (S Corp) can provide significant financial benefits. In this article, we will …
The Benefits of Changing from an LLC to an S Corporation Read More »
Business Sales & Use Taxes Deadline October 19th, 2023 If you electronically file and/or pay sales tax with the Florida Department of Revenue, you must complete the initiation of your September, 2023 reporting period payment on or before 5:00PM, Eastern Time, on Thursday, October 19th, 2023, to ensure you pay on time. To learn more …
Business Sales & Use Taxes Deadline September 19th, 2023 If you electronically file and/or pay sales tax with the Florida Department of Revenue, you must complete the initiation of your August, 2023 reporting period payment on or before 5:00PM, Eastern Time, on Tuesday, September 19th, 2023, to ensure you pay on time. To learn more …
If you are required to pay quarterly estimated taxes with the IRS, you can pay online, by phone or by mail. Third installment payment of your 2023 estimated taxes is due by September 15, 2023. Individuals, including sole proprietors, partners and S corporation shareholders, may need to make estimated tax payments if: they expect to …
Individual Taxpayer – Estimated Tax Payment Due September 15, 2023 Read More »
Business Sales & Use Taxes Deadline August 18th, 2023 If you electronically file and/or pay sales tax with the Florida Department of Revenue, you must complete the initiation of your July, 2023 reporting period payment on or before 5:00PM, Eastern Time, on Friday, August 18th, 2023, to ensure you pay on time. To learn more …
Business Sales & Use Taxes Deadline July 19th, 2023 If you electronically file and/or pay sales tax with the Florida Department of Revenue, you must complete the initiation of your June, 2023 reporting period payment on or before 5:00PM, Eastern Time, on Wednesday, July 19th, 2023, to ensure you pay on time. To learn more …
If you are required to pay quarterly estimated taxes with the IRS, you can pay online, by phone or by mail. Second installment payment of your 2023 estimated taxes is due by June 15, 2023. Individuals, including sole proprietors, partners and S corporation shareholders, may need to make estimated tax payments if: they expect to …
Individual Taxpayer – Estimated Tax Payment Due June 15, 2023 Read More »
Business Sales & Use Taxes Deadline June 16th, 2023 If you electronically file and/or pay sales tax with the Florida Department of Revenue, you must complete the initiation of your May, 2023 reporting period payment on or before 5:00PM, Eastern Time, on Friday, June 16th, 2023, to ensure you pay on time. To learn more …
Corporations must generally make estimated tax payments if they expect their estimate tax to be $500 or more. Second installment payment of your 2023 estimated taxes is due by June 15th, 2023. A worksheet, Form 1120-W is available to help you estimate your tax for the year. Some corporations are required to electronically deposit taxes, …
Corporate Taxpayer – Estimated Tax Payment Due June 15 2023 Read More »
Business Sales & Use Taxes Deadline April 19th, 2023 If you electronically file and/or pay sales tax with the Florida Department of Revenue, you must complete the initiation of your March, 2023 reporting period payment on or before 5:00PM, Eastern Time, on Wednesday, April 19th, 2023, to ensure you pay on time. To learn more …
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