Lanier and Company, P.A.

08/12/2021

COVID Tax Tip 2021-117, August 11, 2021

07/01/2021

2021 Sales Tax Holiday on Specific Admissions and Outdoor Activity Supplies

Sales Tax Holiday - July 1 through July 7, 2021 From July 1, 2021 through July 7, 2021, admissions to music events, sporting events, cultural events, specified performances, movies, museums, state par

06/23/2021

The IRS issued a new release (IR-2021-130) announcing two new online tools to help families manage Child Tax Credit payments. The American Rescue Plan increased the maximum Child Tax Credit amount in 2021 to $3,600 per child for children under the age of 6 and to $3,000 per child for children ages 6 to 17. Eligible families will begin receiving these payments in July unless they decide to opt out of the advanced payment and instead elect to receive the credit when they file their 2021 tax return. Please visit the article below to learn more about the portal to opt-out and the new tool for those non-filers wishing to register to receive the advance.

https://www.irs.gov/newsroom/irs-announces-two-new-online-tools-to-help-families-manage-child-tax-credit-payments

IR-2021-130, June 22, 2021 — The Internal Revenue Service today launched two new online tools designed to help families manage and monitor the advance monthly payments of Child Tax Credits under the American Rescue Plan.

10/23/2020

2020-2021 Tax Planning Guide

Do your tax strategies need a refresh? 2020-2021 Tax Planning Guide With individuals and businesses coping with the impact of the COVID-19 pandemic and some new tax laws going into effect, you probabl

12/13/2019

Do your tax strategies need a refresh? Check out our 2019-2020 Tax Planning Guide.

11/12/2019

Qualified Charitable Distributions

08/06/2019

IR-2019-104, June 5, 2019 – Although the April filing deadline has passed, scam artists remain hard at work, and the IRS today urged taxpayers to be on the lookout for a spring surge of evolving phishing emails and telephone scams.

07/29/2019

During the Sales Tax Holiday Aug. 2 through Aug. 6, qualifying items will be exempt from tax including: certain school supplies selling for $15 or less per item as well as clothing, footwear, and certain accessories selling for $60 or less per item; and computers and certain accessories selling for $1,000 or less per item, when purchased for noncommercial or personal use. For more information and a list of qualifying items, visit www.floridarevenue.com/backtoschool.

Florida Department of Revenue - The Florida Department of Revenue has three primary lines of business: (1) Administer tax law for 36 taxes and fees, processing nearly $37.5 billion and more than 10 million tax filings annually; (2) Enforce child support law on behalf of about 1,025,000 children with...

05/30/2019

May is National Stroke Awareness month. As it comes to a close, we want to remind everyone of the symptoms to look for to spot a stroke. Remember to "Be Fast" - balance, eyes, face, arms, speech and time. June is Alzheimer's and Brain Awareness month. Join the fight by going purple in June.

12/21/2018

2018-2019 Tax Planning Guide

11/06/2018

Impacts of the Wayfair case

10/26/2018

Elections to Defer Gains

10/03/2018

Update on the changes to the deduction for meals and entertainment.

The IRS issued guidance on the deductibility of meal and entertainment expenses after the modification of Sec. 274 by the TCJA.

09/06/2018

Meals and entertainment deduction

10/17/2017

. We have been receiving a lot of questions recently regarding the new Hurricane Relief Tax Credit that was signed into law on October 2nd.

Here is some basic information on who qualifies:

• Your business was closed or made inoperable by Hurricane Harvey in some way during the time period for August 23, 2017, through January 1, 2018.
• Your business was closed or made inoperable by Hurricane Irma in some way during the time period for September 4, 2017, through January 1, 2018.
• You continued pay your employees during that time you were closed.

Once you have identified if you or your client are eligible for the Tax Credit, then here’s how you calculate how much credit are due:

• Take up to $6000 in eligible wages paid out during the time period mentioned above (while the business was closed) and multiple it by 40%.
• Max tax credit is $2400 per employee.

09/08/2017

Due to Hurricane Irma, Lanier and Company will be closing at 2:00 p.m. on Friday, September 8, 2017 and will also be closed on Monday, September 11, 2017. We anticipate being open normal business hours on Tuesday, September 12, 2017. Please be prepared and stay safe during the storm.

05/26/2017

During the 2017 Florida Disaster Preparedness Sales Tax Holiday June 2 through June 4, stock up on qualifying disaster preparedness supplies exempt from tax. For more information and a list of qualifying items, visit www.floridarevenue.com.

05/15/2017

Lanier and Company, P.A. is currently looking for a Staff Accountant/CPA with 1-3 years public accounting experience to join our growing firm. If you are eager to assume responsibility, want to go beyond technical mechanics to become an integral part of a winning team, and are dedicated to meeting all the challenges to become a successful professional we want to hear from you.

11/14/2016

We are moving! Effective November 28, 2016, our office will be located at:

Colonial Center 300 Office Building
300 Colonial Center Parkway, Suite 145
Lake Mary, FL 32746

Our phone number and emails will remain the same.

09/06/2016

Information on the New FLSA Rule

08/24/2016

We are excited to announce the new management team of Lanier and Company. Dana McBroom and Stefany Rhoades have over 48 years combined experience in public accounting and with the firm. We look forward to continuing to assist you with all of your tax and accounting needs in the future.

08/08/2016

We are pleased to welcome Makayla R**e to the Lanier and Company team.