Newsletters

Information we gather and share with clients and our community.

New Tax Law

On December 20, 2019, an omnibus spending package, the "Further Consolidated Appropriations Act, 2020" (H.R. 1865) was adopted into law. In addition to providing full-year funding through September 30, 2020, the legislation includes many changes to retirement plan...

2020 Change of Deferral Limits

The IRS announced new contribution plan limits for year 2020. Changes are listed in the chart below.  Please contact our office if you have any questions about maximizing your retirement savings.  Reach UsVisit our office or call us to schedule an appointment with one...

Change in Sales Tax for Rent

Effective January 1, 2020, the sales tax rate for commercial rent collected on or after January 1, 2020 decreases to 5.5% plus the county surtax.  For example, Columbia county has a surtax rate of 1% so the total sales tax rate for commercial rent collected will be...

2020 Florida Minimum Wage

The 2020 minimum wage in Florida is $8.56 per hour, effective January 1, 2020, with a minimum wage of at least $5.54 per hour for tipped employees, in addition to tips. Reach Us Visit our office or call us to schedule an appointment with one of our team members. 4641...

IRS issues clarification on the Home Equity Loan deduction

On the Home Equity Loan Deduction IRS issues clarification on the Home Equity Loan deduction under the Tax Cuts and Jobs Act: Click Here for more information. Reach Us Visit our office or call us to schedule an appointment with one of our team members. 4641 W US HWY...