Florida Sales Tax Basics: What Business Owners Need to Know
Sales tax by definition is a tax paid to a governing body for the sales of certain goods and services. In 1949, the State of Florida began the requirement for business owners to collect and remit sales tax for specified business activities. It is a law outlined in Chapter 212 of the Florida Statutes, and […]
Reporting Foreign Bank Accounts to the IRS
Foreign bank accounts have become a high-profile topic in America. The IRS works diligently to correct the large compliance gap from unreported Foreign Bank Accounts, and they get help from Foreign Banks to do it. The following article features some common questions we receive regarding Foreign Bank Accounts and the IRS filing requirements. If you […]