If you have recently received a computerized call or a call from a real person stating that you are being investigated for tax fraud and asking you to call a specific telephone number, chances [...]
This exclusion is limited to tuition. For example, the exclusion does not apply to expenses for books, room and board, or meal plans. The tuition expense exclusion applies only to enrollment to [...]
Oftentimes, grandparents will give grandchildren and other relatives financial gifts which can be subject to taxation by the IRS. One can gift up to $14,000 to a single person without the [...]
To qualify for the medical expense gift tax exclusion, one has to give the payment directly to the medical provider. For example, one can make the payment out directly to the provider or they can [...]
The Internal Revenue Code states that the medical expense gift tax exclusion applies to the transfer payments for “the diagnosis, cure, mitigation, treatment or prevention of disease, or for the [...]
A taxpayer can gift up to $14,000 to an individual each year without having to file a gift tax return. This is referred to as the “annual gift tax exclusion.” If one wants to make additional [...]
Bill 0080 — Relating to Family Trust Companies This bill revises the Family Trust Company Act to require that all family trust companies apply as a licensed family trust company, register as a [...]
Being one of the first ABLE (Achieving a Better Life Experience) savings plans in the country, Florida’s ABLE program now allows individuals with disabilities to maintain their eligibility for [...]
Leon County and the City of Tallahassee are the first Dementia Caring Community in Florida, under a new designation in April 2016 by Sam Verghese, Secretary of the Florida Department of Elder [...]
If you hired a worker through a self-directed program and act as the employer, federal regulations require that you: You are responsible for making sure the home care workers receives minimum [...]