The Florida Bar

Florida Bar Journal

The Florida Bar Journal

Tax

Tax Penalties After VMOB: What to Know and How to Fight Back

Tax
A 2020 decision from the Second District Court of Appeal drastically changed how tax penalties work in Florida. The case,...

Corporate Transparency Act to Have Major Impact on Clients and Attorneys

Tax
On January 1, 2021, Congress passed (over veto) the National Defense Authorization Act of 2021 (NDAA),[1] including the Corporate Transparency...

Funding the Estate Tax: Defusing the Liquidity Time Bomb

Tax
Any attempt to discuss the plethora of estate tax reform proposals pending in Congress at a given point in time...

The Taxation of Cryptocurrencies

Tax
Cryptocurrency and blockchain technology have grown in popularity and ubiquity in the past few years. Just within the last year...

Changes in the U.S. International Tax System Proposed by the Biden Administration

Tax
Under the pre-TCJA (Tax Cuts and Jobs Act) U.S. international tax system, the U.S. implemented a worldwide tax system that...

The Trust Beneficiary’s Right of Access to Information

Tax
Oftentimes, a trustee’s refusal to provide beneficiaries with information related to the administration of a trust leads to consternation among...

Tax Planning for Inbound Licenses of IP: What Is Left After Tax Reform?

Tax
Intellectual property (IP) rights broadly include, among other items, patents, copyrights, trademarks, know-how, proprietary data, and trade secrets. Although the...

Expatriation from the United States: The Exit Tax

Tax
Abandonment of U.S. citizenship or long-term residency (by non-citizens) may trigger U.S. income tax. The “expatriation tax” consists of two...

Creating a Florida Irrevocable Homestead Trust for Ad Valorem, Income, and Transfer Tax Purposes

Tax
Parents often want to assist their children by helping them purchase or own a home. There are several ways to...

Records, Estimates, and Sampling, Oh My! Understanding the Limits of Statutory Authority for Florida Tax Audit Estimates and Sampling

Tax
A tax audit conducted by the Florida Department of Revenue can be a harrowing experience. Even when the taxpayer has...