You may want to pack this update in with your favorite novel and the sunscreen as you head out for some beach or poolside fun this spring… because effective May 9, 2013, several changes to the administrative code will occur throughout the sunshine state. Light spring reading is good, smart spring reading is even better. The Florida Department of Revenue recently announced the following amendments, modifications and/or updates and we want our clients and all Florida taxpayers to be well-informed   [Read More...]

A message to land and business owners in Ohio, Pennsylvania and now, even parts of south Florida: Whether you know it or not, you are involved in the SHALE ENERGY arena that is changing the world’s energy platform and our local economies. In 2013, shale is the expected catalyst for creating more jobs than any other single energy development in decades. Why should you care about this? You may need to create leases, contracts or other documents with huge financial implications that   [Read More...]

On the last day of the first month of 2013, Governor Rick Scott presented his proposed 2013-2014 budget to the Florida Legislature. According to a press release from his office, Governor Scott is suggesting the elimination of sales tax on manufacturing equipment and the exemption of some 2,000 small businesses from paying business taxes as part of the new state budget. Governor Scott’s $74.2 billion plan, which he has dubbed Florida Families First, promises the elimination of “burdensome regulations while   [Read More...]

Previously contractors were required to have audited financial statements to be the prime contractor on all Florida Department of Transportation projects over $250,000. This requirement eliminated many of the smaller local contractors from bidding projects as the prime contractor. Effective July 1, 2012, applicants seeking prequalification to bid on road and bridge construction projects up to $1,000,000 can apply by submitting financial statements reviewed by a Certified Public Accountant.  All other requirements of Rule 14-22, F.A.C. still apply.  Therefore, the   [Read More...]

Several of our business clients in Florida have been the target of a recent scam and we felt that it was important to notify you of this potential threat.  Our clients received a very official looking letter from “Compliance Services” requesting an “Annual Minutes Requirement Statement”.  The form is populated with corporation information that is very accurate and states that a $125.00 fee must be sent as well.  The Division of Corporations has confirmed that it is a scam and   [Read More...]