Want to Join a Nonprofit Board and Have a Rewarding Experience?
October 21, 2014
Nonprofit
Related: Michael J. Wilson
Clear Filter
Owners of C corporations, and S Corporations that previously were C corporations and have built-in gains, can face a significant tax hit upon the sale of their business – two levels of federal income tax and Florida corporate income tax. Where the owner of the business has bona fide personal…
Williams Parker Obtains Tax Ruling: Leases of Nursing Homes and Assisted Living Facilities are Not Subject to Sales Tax
July 25, 2014
Sales Tax
On behalf of a client, Williams Parker recently obtained a Technical Assistance Advisement from the Florida Department of Revenue (the “Department”) that leases of nursing homes and assisted living facilities are exempt from sales tax to a greater degree than currently provided in the Florida Administrative Code. Oftentimes, the operator…
Florida Charities Subject to New Conflict of Interest and Financial Reporting
July 22, 2014
Articles
Amendments made during the 2014 Legislative Session to the Florida Solicitation of Contributions Act (the “Act”), and which became effective July 1, 2014, increase the oversight and regulation of charitable organizations, sponsors, professional fundraising consultants, and professional solicitors. The Act generally regulates certain persons and organizations conducting solicitation activities. Among…
Florida Charities Subject to New Conflict of Interest and Financial Reporting Obligations
July 16, 2014
Tax Exempt Organization
Amendments made during the 2014 Legislative Session to the Florida Solicitation of Contributions Act (the “Act”), and which became effective July 1, 2014, increase the oversight and regulation of charitable organization, sponsors, professional fundraising consultants, and professional solicitors. The Act generally regulates certain persons and organizations conducting solicitation activities. Among…