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Governor proposes $100 million tax cut on business rents

{ on Wednesday, January 29, 2014 in Blog, Business Consulting } Tax Cut on Business Rents Taking the final bite out of his commitment to eliminate $500 million in taxes and fees for the upcoming legislative session, Gov.Rick Scott announced Tuesday a proposal to cut sales taxes on commercial rents.The savings to Florida businesses: $104 million, according to a statement issued by Scott’s office. The governor’s budget {…}

IRS SHOULD CREATE, ADOPT U.S. TAXPAYER BILL OF RIGHTS -WATCHDOG

{ on Friday, January 10, 2014 in Blog, Tax Planning & Consulting } U.S. TAXPAYER BILL OF RIGHTS By Patrick Temple-West, Kevin Drawbaugh and Amanda Kwan WASHINGTON (Reuters) – The U.S. Internal Revenue Service should take steps to restore public trust in its work, including adopting a taxpayer bill of rights that clearly states individuals’ rights to fair treatment from the tax agency, an IRS watchdog said on {…}

Electronic filing by U.S. taxpayers hits new high -IRS

{ on Thursday, December 5, 2013 in Blog, Tax Planning & Consulting } By Patrick Temple-West, Kevin Drawbaugh and Jim Loney WASHINGTON (Reuters) – A record-setting 122.5 million U.S. tax returns were filed electronically this year, up from 119.6 million last year, said the U.S. Internal Revenue Service on Wednesday. That level of e-filing accounted for almost 83 percent of total 2013 returns filed, the IRS said in {…}