Tax Law
How Has the IRS Addressed Cryptocurrency?
In 2014, the IRS issued Notice 2014-21 describing how existing tax principles apply to virtual currency transactions. The Notice said
Alex Cruz
June 24, 2021
Tax Law
Tax Law
Puerto Rico’s Unique Estate Tax Situation
Although Puerto Rico is a U.S. territory, it is not a U.S. state. It is not a sovereign nation either,
Silvino Diaz
June 23, 2021
Tax Law
What are the Withholding Requirements for Payments to Foreign Independent Contractors?
Foreigners, like U.S. citizens, are subject to taxes on their U.S. source income. U.S. source income includes all income received
Alex Cruz
June 23, 2021
Business Law
What is the sales tax on selling a business in Florida?
Whether you are selling or purchasing a business in Florida, it is important to know what taxes will be imposed,
Eric Gros-Dubois
June 3, 2021
Tax Law
What is the Branch Profits Tax?
There are multiple routes that a foreign company can take to establish its presence in the U.S. market. Two common
Alex Cruz
June 2, 2021
Tax Law
With an IRS Payment Plan, Can I Direct my Payments to a Specific Year’s Outstanding Liabilities?
If you annually fail to pay taxes on something specific, it may take several years for the IRS to realize
Eric Gros-Dubois
June 1, 2021
Business Law
Does Florida Charge Sales Tax on Online Purchases?
Florida Online Sales Tax Bill Florida Governor Ron DeSantis signed into law a plan requiring out-of-state online retailers to collect
Oscar Gomez
May 20, 2021
Tax Law
Gift and Estate Tax Considerations for US Citizens/Domiciliaries vs. Non-Domiciliaries
The U.S. imposes an estate or gift tax on the transfer of wealth above a certain threshold exclusion amount. The
Alex Cruz
March 9, 2021
Tax Law
How do 1031 or Like-Kind Exchanges Work in Florida?
A 1031 exchange, otherwise known as a like-kind exchange is done when a property that is held for productive use
Alex Cruz
February 17, 2021
Tax Law
How does being a Florida Real Estate Professional help you on your taxes?
Florida is a major real estate state with investments in properties increasing every year. However, as with any other kind
Alex Cruz
January 26, 2021