If you have a topic of interest you would like to see us cover, feel free to reach out and let us know; we are always happy to hear your thoughts, ideas, and feedback.
15 / 10 / 2019 by Greg Freyman, CPA in Personal Tax

Tangible Personal Property Tax

Some great lines from the 1980 movie Popeye with some of my favorite actors, Robin Williams and Shelley Duvall


The Tax Man:
You just docked?

Popeye:
I has.

The Tax Man:
Ah ha, let’s see here, that’ll be 25¢ docking tax.

Popeye:
What for?

The Tax Man:
Where’s your sea craft?

Popeye:
It ain’t no sea craft, it’s me dinghy and it’s under the wharf.

The Tax Man:
Ah ha. ahh-ha. This your goods?

Popeye:
They is.

The Tax Man:
Yeah. You’re new in town right?

Popeye:
If you call this a town, yes.

The Tax Man:
Well, first of all, there’s 17¢ new-in-town tax, and there’s 45¢ rowboat-under-the-wharf tax, and one dollar leaving-your-junk-lying-around-the-wharf tax, so all together, you owe the Commodore $1.87.

Popeye:
Uh, who’s this Commodore?

The Tax Man:
Is that the nature of question? There’s a nickel question tax.

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15 / 10 / 2019 by Angela Freyman in Insurance

Property Insurance – Our Family Story

HOME IS WHERE THE HEART IS – One prefers one’s home to all other places. Home is where one is most emotionally attached. Although the proverb has probably been in use since time immemorial, it has been attributed to Pliny the Elder (A.D. 23-79).

 

This tax blog specifically deals with our views on the topic of property insurance.

We typically won’t extend recommendations via our blogs unless we have used the services ourselves and can fully stand behind the company 100%.

Before we dive in, we wanted to extend a heartfelt thank you to one very special local business, Brightway Insurance brokerage of Julington Creek, owned and operated by Mr. Dave Lego.

Dave is an amazing friend, colleague, and mentor. His roots in the insurance industry run deep.

If you are in the market for a new insurance policy or are simply needing a review of your existing one, why not give Dave a quick call at (904) 217-7624, you will be happy you did!

One more thank you to a couple of awesome people that made our move happen:

~Jane Evans of Florida Homes Realty & Mortgage LLC – (904) 993-3001

~Josh Downing of Bank of England – (904) 962-3557

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15 / 10 / 2019 by Greg Freyman, CPA in Insurance

Financial Planning – Do I Need Life Insurance?

Benjamin Franklin is believed to have said, “If you fail to plan, you are planning to fail.

This tax blog specifically deals with our views on the topic of life insurance.

As we explored the beautiful island of Bequia (pronounced Bek-Way) post-tax season 2017, Angie and I both found ourselves driving to meet the sunrise one beautiful morning amid our 7-day stay. How romantic, right? In most ways, yes, although we still answer business phone calls and run payroll errands all while tucked away on a fantasy island getaway. The role of being small business owners is something we have now become accustomed to regardless of our geographic location — thank goodness for WiFi. We are perfectly fine with this responsibility and take it quite seriously. When we committed ourselves to our clients’ needs, we knew all that it would entail.

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10 / 03 / 2018 by Greg Freyman, CPA in News & Press

Rental Real Estate and The New Tax Law: Final Regulations 2019

If you have a topic of interest you would like to see us cover, feel free to reach out and let us know; we are always happy to hear your thoughts, ideas, and feedback.

“The purpose of a tax cut is to leave more money where it belongs: in the hands of the working men and working women who earned it in the first place.”
~ Bob Dole

 

This tax blog specifically deals with how the new tax law affects the rental of real estate as an activity.

On January 18, 2019, the IRS released the final regulations for section 199A via Notice 2019-7.

If you have not heard of section 199A by now, you most certainly will very soon. This new addition to the tax law will be around until December 31, 2025.

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Contact our office at (904) 330-1200 or [email protected] to discuss Tangible Personal Property Tax for your business, or if you have any questions.
AUTHORS

Greg Freyman
CPA

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Angela Freyman
MBA

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