Social Security – Will I Owe Tax On My Benefits?

Whether or not you will owe tax on Social Security benefits will vary based on your situation.  Generally speaking, if your Social Security benefits were your ONLY source of income, you MAY NOT be subject to Federal income tax and MAY NOT have to file a tax return.

Taxpayers whom receive Social Security benefits in 2014 should receive a Form SSA-1099.  This form shows the Social Security Benefits received for the year.


  • Only Social Security. If Social Security was your only income in 2014, your benefits may not be taxable. You also may not need to file a Federal income tax return.
  • Social Security PLUS other income.  If you get income from other sources you may have to pay taxes on some of your benefits – and may have to file a Federal income tax return.

IF YOU RECEIVE OTHER INCOME (including that of a spouse where the filing status is married filing joint):

You can roughly calculate whether you need to file taxes by:

  • Adding 1/2 of your Social Security to all your other income.
  • Compare the amount of income to the threshold filing requirements below – according to your particular filing status.  If your income exceeds the threshold, a portion of  your benefits may be taxable.

The Three Base Filing Thresholds: 

  • $25,000 – IF FILING STATUS IS:
    • Single
    • Head of Household
    • Qualifying Widow or Widower with a dependent child
    • Married Filing Separate but have lived apart from spouse for full year
  • $32,000 – IF FILING STATUS IS:
    • Married Filing Jointly
    • Married Filing Separate – where you have lived with your spouse at anytime during the tax year

If you have further questions, you can obtain information at www.IRS.GOV



Florida Medical Marijuana – Turning Over a “New Leaf”

Amendment 2 in Florida leaves many unanswered questions about a multitude of issues and undoubtedly societal concerns. As with any controversial issue, one must weigh the pros/cons. If Amendment 2 passes… SOCIETY PERSPECTIVE – It will be inserted into the Florida constitution as Article X, Section 29, lifting civil and criminal liability for the medical…

TAX FRAUD – No Special Treatment for Celebrities!!!

Even celebrities are not exempt from IRS audits and criminal investigation and conviction!  Real Housewives of New Jersey stars Teresa and Joe Giudice were sentenced Thursday to 15 and 41 months of jail time, respectively. The couple pled guilty to charges including failure to file income tax returns, along with a handful of other charges….

Florida Restaurants – CURRENT TARGET for Sales Tax Audits!

The Florida Department of Revenue (DOR) has made recent attempts to complicate things for Florida restaurant owners.   This situation leaves the restaurant owner liable for large tax bills and possible jail time. Florida, with its fresh seafood, unique history, and blending of cultures has some of the most mouth-watering restaurants around. These fabulous restaurants come at…

Florida Department of Revenue – Increasing Focus on CRIMINAL Sales Tax Issues

If you operate a business in Florida that collects sales tax from your customers, take note, the Florida Department of Revenue (DOR) has been steadily increasing the number of felony arrest warrants issued for tax crimes.  To be sure, the IRS has a formidable criminal tax division, but Florida business owners who don’t respect tax…

Tips for Filing Your 2013 Income Tax Return

It’s that time again. Tax filing season has just started and since the April 15 deadline was not affected by the government shutdown, now is the time to begin the first step in the process: gathering your tax documents.

IRS SHUTDOWN 2013 – Has the Government Shutdown Jeoprodized your TAXPAYER RIGHTS?

Our Firm advocates for Clients facing tax issues – including those with the IRS.  With the Government Shutdown resulting in the closing of the IRS, we have encountered multiple instances of what appears to be violations of our Client’s rights as a Taxpayer. The Taxpayer Bill of Rights was enacted to ensure policies and procedures…

IRS Furlough – An “Extended Vacation” from Servicing Taxpayers

With Memorial Day (Monday, May 27, 2013) coming up, a lot of Americans are looking forward to a three day weekend. But don’t wait until Friday to take care of any issue lingering with the Internal Revenue Service (IRS). IRS employees will be enjoying an additional day of “vacation” on Friday, May 24, 2013. This…


Tax issues and Bankruptcy

Even Heaven Could Not Save Florida Resident from Wrath of IRS

Nowhere to Run, Nowhere to Hide from IRS A Melbourne, Florida man could face up to six years in federal prison and a fine of up to $200,000 after refusing to accurately report his income to the IRS. His reason for not filing, as he told IRS agents, was that he was not subject to man’s laws because he…

Mobile Users:


Our Orlando office is now
open in Thornton Park!

1309 East Robinson Street
Orlando, Florida 32801