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

In Florida Department of Revenue, Florida Tax Issues, Sales Tax, Tax Fraud by Daniel Friedel

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 laws are more likely to …

Lebron James Haters Quit Hating and Accept the Heat…As a Glorious State Income Tax Haven

In Florida Tax Issues, Tax News by Daniel Friedel

On July 8, 2010, much to the chagrin of Cleveland Cavaliers owner Dan Gilbert, the city of Cleveland, and millions of NBA fans, free agent Lebron James announced his decision to play for the Miami Heat.  The controversial move became a media obsession with James agreeing to a less lucrative contract to boost Miami’s ability to sign other key free …

Capital Gain Rates in 2011

In Common Tax Questions, Florida Tax Issues, IRS Tax Help, Tax Planning by Daniel Friedel

Many taxpayers lose out on advantageous tax breaks because they are unaware that many things they own qualify for lower capital gain tax rates. Almost everything you own and use for personal or investment purposes is considered a “capital asset.” Some examples of things you may own that are capital assets are: 1. stocks and bonds held as investments; 2. …

Happy Tax Day – April 18, 2011

In Florida Tax Issues, IRS Tax Help, Tax Planning by Daniel Friedel

Despite being a few days late this year, Tax Day is here!  For you procrastinators, don’t freak out quite yet.  You still have until midnight tonight to electronically file (e-file) your return.  Alternatively, your return must be postmarked today. The IRS now has FREE e-file for all taxpayers (including all forms and schedules).  Beware of the companies like Turbo Tax …

Liberty Tax Service Alleged “Crack for Tax” Scandal

In Florida Tax Issues, IRS Tax Help, Tax News, Tax Planning by Daniel Friedel

Last week I spoke about the raid and bust of On Time Tax Consultants for allegedly scamming low income taxpayers.  Unfortunately, On Time Tax Consultants are not the only local tax preparation service targeting lower income individuals in our community.   Liberty Tax Service, located at 3320 Southwest 35th Boulevard, Gainesville, Florida, has also been under investigation for preying on low …

Free Tax Return Help!

In Florida Tax Issues, IRS Tax Help, Tax Planning by Daniel Friedel

Need Help Filing Your Return, but Can’t Afford a Tax Prep Service? You May Qualify for FREE Tax Prep Assistance! If you need help filing your income tax returns, but think you cannot afford a tax preparer service, beware! Some tax preparation providers may offer you a lower fee or offer to take a percentage of your return amount – …

Update on the Alleged Gainesville Tax Scam

In Florida Tax Issues, IRS Tax Help by Daniel Friedel

Yesterday, we talked to you about a local story covering the bust and raid of Gainesville, Florida tax return preparation business, On Time Tax Consultants.  Attorney Sarah Martello was interviewed by GTN news for insight on the situation and advice for potential victims of tax preparer scams. You can take steps to protect yourself from tax prep scams by using …