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The United States Senate has just passed the Marketplace Fairness Act, legislation aimed at giving states the power to better enforce their sales tax laws and to level the playing field for Main Street merchants. As the bill now moves…

On May 1, 2013 the Florida Legislature passed a new sales tax exemption law for manufacturers purchasing machinery and equipment that becomes effective April 2014 and will sunset in April 2017. Start planning your purchases, the political drama is over!!!!…

Tim Devlin’s Tax Planning Tips for New Taxpayer Thresholds Timothy Devlin, CPA, Tax Partner, is advising clients that it is time to integrate their tax planning with the new threshold amounts that have been added to the Tax Code. The…

In the new millennium, we often see family members living in different foreign countries, and more frequently than ever, fiduciaries are faced with estate and trust administrative responsibilities involving distributions to foreign beneficiaries. Throw in economic factors, international tax issues,…

The New Year brought the appointment of three new Partners to the leadership roster at Daszkal Bolton LLP for 2013. All are long tenured employees of Daszkal Bolton and each has served as Principal for the prior two years.  Sanford…

What’s UP with UTP? Here’s what’s new with Schedule UTP: The asset threshold for filing Schedule UTP drops from $100 to $50 million beginning with the 2012 tax year and to $10 million in 2014. Many more Daszkal Bolton clients…

The “American Taxpayer Relief Act” (ATRA) was a stop-gap measure that raised rates on the wealthy, extended unemployment benefits, and averted a sweeping round of tax increases and government spending cuts. This New Year’s tax compromise includes provisions likely to…

Tax planning will be challenging ahead, with expiring provisions leading to uncertain future rates and a deadlocked Congress leaving us with little in the way of legislative expectations. Usually we use the last few months of the year to help…

It is common knowledge that no matter who wins the Presidential election, tax rates will be changing in 2013.  Where they will go, no one knows, not even the legislators who will be making the decisions can predict.  Even if…

Most of us are aware that the current interest rates on residential mortgages are at all-time lows. However, there are still many qualified borrowers who have yet to take advantage of these rates to refinance their existing mortgage and derive the…