Florida
3 Reasons to Start a Small Business in Palm Beach, Florida
Not all states are created equal, and in addition to plentiful sunshine, Florida offers quite a few tax advantages for businesses. As of 2016, the incentives fall into three areas: corporate income, insurance premiums, and sales and use. Not only that, starting a small business is relatively easy. Small Business Regulations Are Minimal Founding a…
Read MoreEstablishing Residency in Boynton Beach, Florida For Tax Purposes
Moving to Boynton Beach Offers Premium Tax Benefits Imagine having year-round access to miles of sandy beaches, championship golf courses and waterfront parks, not to mention great weather. Sound too good to be true? Not if you live in Boynton Beach, Florida. Boynton Beach is a mid-size community located in Palm Beach County. Best of…
Read MoreMisplaced decimal means big property tax bills
By Bankrate Westchester NY accountant Paul Herman of Herman & Company CPA’s is here for all your financial needs. Please contact us if you have questions, and to receive your free personal finance consultation! Remember that tax tip about double checking your math before submitting your return? It applies to tax agencies, too. A misplaced decimal by Jupiter, Florida, tax officials prompted a panic by…
Read MoreRich tend to stay put despite high taxes
Opponents of higher taxes on the wealthy often invoke the fable about the disastrous killing of the goose that laid the golden eggs. Over-taxing the rich, they argue, will produce the same results metaphorically. The rich will simply move, taking their money with them. New research, however, indicates that those opposing taxes for the wealthy…
Read MoreHerman & Company CPA’s Serves Clients in Delray Beach With An Eye to the Future
As one of only seven states with no income tax, Florida presents unique benefits when it comes to preparing your taxes. Florida also has a variety of property tax exemptions that can reduce taxes for qualified taxpayers, as well as special exemptions for senior citizens, veterans, and the disabled. With a thorough understanding of financial…
Read MoreRetirement Planning Means Peace of Mind in Boca Raton
Boca Raton offers beautiful beaches, world-class shopping, amazing restaurants and warm weather all year round, what’s not to love? That’s why, when thousands of Americans retire every year, many move to sunnier climates in Florida to enjoy the relaxation that comes with retirement. In a fluctuating economy, however, retirement planning doesn’t end on your last…
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