By Elizabeth Shauger, CPA & Director with Mauldin & Jenkins Are you purchasing property from a foreign seller? If so, you need to understand the Foreign Investment in Real Property Tax Act (FIRPTA) and how this legislation impacts your transaction. Individuals and entities from all over the world invest in United States (U.S.) real estate … Read more
The Tampa-based legal firm Older Lundy Koch & Martino has expanded into South Florida with a new office, in Fort Myers. The new office is located at 2256 First Street, Fort Myers. This is the firm’s sixth office. “It has been incredible to see our firm grow not only quickly but also carefully, and with … Read more
By Ginny Veit, Tax principal, CLA The federal research and development (R&D) tax credit was originally designed to be applied against income taxes. Under subsequent tax legislation, qualifying companies were permitted to make an annual election to apply up to $250,000 of their R&D credit against the employer portion of Social Security tax. The Inflation … Read more
By Hunter Williams, partner at M.E. Wilson In recent years, Florida business owners have seen a dramatic increase in the cost of insuring their operations against a multitude of risks. Whether that be property, liability or even auto insurance costs, business owners often face little to no control over unstable premiums and decreasing coverages. A … Read more
By Ky Koch, B.C.S., Board Certified Specialist in Marital and Family Law, Partner, OLDER LUNDY KOCH & MARTINO The negotiation, and drafting, of a Prenuptial Agreement is always quite complex. The emotionality of it – negotiating your divorce while planning a wedding – is always uncomfortable. Once the Agreement has been signed, what happens next? … Read more
If we’ve learned anything from the COVID-19 pandemic and our current economic and political environment, it is the need for planning, diversifying and risk management. Nonprofits already face many challenges with aging donor bases, and workforce constraints, and an uncertain economic and political environment can ignite additional challenges. Consider areas your nonprofit could address to … Read more
The Florida property insurance market is in a state of flux with rising rates, non-renewals and companies leaving the state altogether. This is due to a number of factors including the state’s hurricane vulnerability, high litigation costs and a number of other challenges. What’s causing the crisis? Hurricanes: Florida is one of the most hurricane-prone … Read more
FORVIS, the eighth largest public accounting firm in the United States, with offices in Tampa, and Mazars, an international audit, tax and advisory firm, based in Paris, France, will jointly create a new, top 10 global network, effective June 1, 2024. The new network will position both firms for global growth by expanding their capabilities … Read more
By: Kim Maxwell, B.C.S. OLDER LUNDY KOCH & MARTINO I Am Already Divorced and Am a Payor or Recipient of Alimony… After nearly ten years and multiple bill submissions to overhaul Florida’s alimony law, Governor Ron DeSantis signed a bill in June that significantly changed Florida’s alimony statute. The new law applies to initial divorce … Read more
By Kadian Douglas, prinicipal with CLA Tampa As cyberattacks become more frequent, and sophisticated, cybersecurity awareness is critical for organizations to help protect their assets and reputation. Be alert for cybercriminals looking to commit criminal activities by exploiting companies. Watch for social engineering and phishing attacks An organization’s most valuable assets are at risk: data … Read more
