Careful tax planning critical for RSUs — and other stock-based compensation in Tampa, Florida

Careful tax planning critical for RSUs — and other stock-based compensation

If you’re an executive or other key employee, you might be compensated with more than just salary, fringe benefits and bonuses: You might also be awarded stock-based compensation, such as restricted stock or stock options. Another form that’s becoming more common is restricted...
Telemedicine Explosion Coming to a Health Plan Near You, in Tampa, Florida

Telemedicine Explosion Coming to a Health Plan Near You

Telemedicine is not a medical specialty. Defined broadly, it is “the use of medical information exchanged from one site to another via electronic communications to improve a patient’s clinical health status,” says the American Telemedicine Association (ATA). It...
Watch out for the wash sale rule in Tampa, Florida

Watch out for the wash sale rule

If you’ve cashed in some big gains this year, consider looking for unrealized losses in your portfolio and selling those investments before year end to offset your gains. This can reduce your 2014 tax liability. But if you want to minimize the impact on your asset allocation,...
Maximizing the Return on Health Improvement Programs in Tampa, Florida

Maximizing the Return on Health Improvement Programs

Wellness programs are increasingly popular with employers and employees. A chart at the bottom of the page shows the behaviors most employers will target with these programs in 2015, in an effort to improve health and curb costs. But employers should not expect to get the...
Court Farmhouse: Not held rental property in Tampa, Florida

Court: Farmhouse Was Not Held as Rental Property

Despite the fact that a couple had rented much of the farmland near their farmhouse and had made substantial improvements to the property, it wasn’t held as rental property or for the production of income, according to the Court of Appeals for the Eighth Circuit, which...
Award Points: What's Includable in Taxable Income in Tampa, Florida?

Award Points: What’s Includable in Taxable Income?

In its attempts to narrow the “tax gap” between what taxpayers report and what they legitimately owe, the IRS is cracking down on taxpayers who fail to report taxable income. For one married couple, the IRS claimed the value of an airline ticket received by redeeming...
Meet Gen Z: The Future of Your Business in Tampa, Florida

Meet Gen Z: The Future of Your Business

Consider including in your five-year business plan an image of the people you will likely be hiring then — keeping in mind that “Generation Z” will be your entry-level hires. You may get some help from the global study Gen Y vs. Gen Z Workplac...
How to protect yourself from underpayment penalties in Tampa, Florida

How to protect yourself from underpayment penalties

You can be subject to penalties if you don’t pay enough tax during the year through estimated tax payments and withholding. Here are some strategies to protect yourself: Know the minimum payment rules. Your estimated payments and withholding must equal at least 90% of your tax...
External Factors in a Business Valuation in Tampa, Florida

External Factors in a Business Valuation

Do you know what your business is worth right now? Practically speaking, it is worth what the highest bidder is willing to pay for it — no more or no less. Nevertheless, by taking all the relevant factors into account, you can position yourself for the best possible deal....
Could the Tech Industry's Delectable Food Policies Take a Tax Hit in Tampa, Florida?

Could the Tech Industry’s Delectable Food Policies Take a Tax Hit?

In the recent movie, The Internship, the character played by Vince Vaughn is amazed when he begins working at Google and finds out he can graze on an array of free food and beverages all day long. (However, he is sternly told that he can’t take anything home from the...