Florida is home to many tax breaks, but few are as beneficial as the state’s rebate program. The Florida Legislature passed numerous tax breaks in 2016, and many of them will be available to you for years to come. Several of these provisions include the Back-to-School Sales Tax Holiday, Hurricane Preparedness SalesTax Holiday, and the permanent elimination of sales taxes for automobiles, bicycles, and other equipment. Some of these are more valuable than others, but they are all beneficial.
Among the tax incentives available to Floridians are low-income home-owner credit and the Low Income Homeowner Credit Tax Relief Act. To find the best FL tax attorney, focus on a Florida law firm that handles this area. You’ll find that an attorney who specializes in FL corporate income tax and other related topics will be a better fit for your situation. In addition to being an expert in the field, Florida attorneys also have access to many resources and tools that will benefit your situation.
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While the IRS does not provide tax relief in every situation, Florida’s low-income laws can be extremely beneficial to you. The state government offers many incentives to taxpayers that would otherwise not qualify for such programs. If you qualify for one of these programs, you may be able to get a substantial reduction in your tax debt. The only way to know for sure if you qualify is to consult with an attorney. Remember that a tax professional will be able to recommend the best tax-relief options for you.
