Archive

Monthly Archives: May 2019

The 2018 Tax Filing Season is Not Over by Adam Cohen, CPA


Posted on May 23, 2019 by Adam Cohen

The March and April tax filing deadline have come and gone, and many individual and business taxpayers can happily bid farewell to their 2018 federal income tax-filing responsibilities. However, if you are one of the millions of taxpayers who applied for an automatic extension of time to file for 2018, don’t get too comfortable. The […]

Florida Announces 2019 Hurricane Season Sales Tax Holiday Week by Michael Hirsch, JD, LLM


Posted on May 21, 2019 by Michael Hirsch

The Florida legislature again approved a week-long sales-tax holiday on purchases of disaster-preparedness supplies, including batteries, flashlights and generators, to encourage the state’s residents and businesses to get ready for the 2019 hurricane season. Beginning on Friday, May 31, and running through the end of the day on Thursday, June 6, 2019, Florida residents can […]

What’s New for Opportunity Zone Investors in 2019? by Arkadiy (Eric) Green, CPA


Posted on May 14, 2019 by Eric Green

  The IRS recently issued a highly expected, second set of proposed regulations on the Opportunity Zone program intended to help more investors, developers, business owners and underserved communities across the U.S. begin working together to maximize the intended benefits of this program. Congress established the Opportunity Zone program at the end of 2017, as […]

How Can I Correct Mistakes On My Tax Return? by Rick Bazzani, CPA


Posted on May 03, 2019 by Rick Bazzani

Considering the amount of time and efforts taxpayers need to gather documents and prepare for the filing of their federal income tax returns, it’s no wonder that mistakes can occur.  Luckily, the IRS offers taxpayers a few options for fixing their tax return filing errors. In general, you have three years from the date you […]