Many people are unsure exactly how a house’s value is calculated and are surprised when they learn the value of their own or the price of a house they are considering purchasing. Although the square footage or a home and the quality of the home are important factors, many other factors may be more influential. […]
Did you know that the federal solar tax credit is now available for a few more years? As mentioned in the last blog post about the best Tampa Bay area solar panel suppliers, if you install solar panels to your home in 2019, you will still be able to claim a 30 percent tax credit. […]
Have you heard of the Florida Tax Credit Scholarship Program and how you can be a part of funding it and earn tax credits? It’s a new program that lets taxpayers get dollar-for-dollar credit against specific Florida taxes if they make donations to eligible nonprofit scholarship-funding organizations. Florida Tax Credit Scholarship Program In order to receive […]
Do you own a business? Maybe you own dog grooming studio, are an accountant, or run a tattoo shop. It doesn’t matter. If you pay rent for your commercial space, we have cool news for you! Did you know that a new program went into effect on July 1, 2018 letting tenants of commercial rental […]
Don’t miss out on your chance to vote for your favorite pets in the Humane Society of Tampa Bay’s 2019 Pet Calendar Contest! You can cast your vote online here. The 4th Annual Pet Photo Calendar Contest is put on to raise money for the needy pets in the area. To enter the contest, contestants’ caregivers […]
Should you try to sell your home “For Sale By Owner” is the question of the day. We do understand the pull. The typical estimate from real estate agents’ fees and closing costs around the country can reach as high as 10 percent sometimes. Around half of that is agents fees. So, we can understand […]
Florida residents luck out in the tax department. Recently, we mentioned that Florida rescinded virtually all of the Florida intangibles tax. That’s great news for people interested in retiring in sunny Florida. The bulk of Florida’s low tax burden though? Florida doesn’t tax income. Florida’s one of seven states in the U.S. that lacks an […]
Did you know that no Florida estate tax is due if the person died on or after January 1, 2005? Seriously. For estates of Decedents who died on or after January 1, 2005, a federal change eliminated the Florida estate tax. To prove evidence of no liability for Florida estate tax and remove the estate tax lien, […]
In 1980, Florida lawmakers passed the Truth in Millage (TRIM) Act. The point of is? To inform taxpayers which governmental entity levied their taxes and how much they owe to each taxing authority. So, in Florida, the local property appraisers send this information to the property owner. This documentation is known as a TRIM notice. […]
Did you know that the State of Florida’s Property Tax Oversight (PTO) program maintains records of all local government tax levies? Indeed, it includes access to public tax roll data and reports related to property taxes in the whole state. It publishes the Florida Ad Valorem Valuation and Tax Data Book twice each year. Are you […]