Top Tax Planning services in Port St. Lucie Florida

Understanding the Net Investment Income Tax (NIIT): A Guide for Investors

The Net Investment Income Tax (NIIT) is an additional 3.8% tax that applies to certain types of income for high-income earners. Introduced as part of the Affordable Care Act, this tax often catches individuals off guard, particularly those with significant investment income. In this blog, we’ll break down what NIIT is, who it affects, and […]
PROFESSIONAL CPA FIRM FLORIDA

Year-End Tax Preparation: Essential Strategies and FAQs for Optimal Financial Management

As the year concludes, both individuals and businesses should proactively prepare for the upcoming tax season. Effective year-end planning not only ensures compliance with tax regulations but also optimizes financial outcomes. Here are detailed strategies to consider: Organize Financial Records Maintaining comprehensive and orderly financial records is fundamental. This includes income statements, expense receipts, bank […]
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