Floating Rate of Interest Remains at 7 percent for first half 2013

Floating Rate of Interest Remains at 7 Percent for the Period January 1, 2013 Through June 30, 2013

FL Dept Rev - 2012 Tax Information Publication 12ADM-05

If you have further questions on this issue, please feel free to contact J Brooks & Associates, Inc. at (239) 313-7129. As always, we are here to help.

17041 Alico Commerce Ct., Unit 1

Fort Myers, FL 33967

(239)313-7129

www.JBrooksai.com

J Brooks & Associates, Inc. is a full service Accountant, Tax Return Preparation, Paryoll and Community Association Management company servicing all of Fort Myers, Naples, Bonita Springs, Cape Coral, and all of Lee, Collier, Charlotte, and Sarasota Counties.www.jbrooksai.com

7 Tool for Rebuilding Retirement Savings

7 tools for rebuilding retirement savings - NBC-2.com WBBH News for Fort Myers, Cape Coral & Naples, Florida

For Additional Information regarding Personal or Business Income Tax Return Preparation and efiling in the State of Florida, please contact J Brooks & Associates, Inc. at information@jbrooksai.com  or (239) 313-7129. visit our website at www.jbrooksai.com.com .

Big firms that avoid taxes are moochers, small companies say

In Southwest Florida, Small Businesses are the main stream.  It is hard enough competing with Big Business, when you are the little guy, but when Big Business shifts their funds offshore to lower their tax liability, We all suffer.  Read Original Article on Big Firms that avoid taxes, and see how much money they are really moving over seas to avoid their tax obligation.

• Big firms that avoid taxes are moochers, small companies say - Oct. 3, 2012

For Additional Information regarding Personal or Business Income Tax Return Preparation and e-filing in the State of Florida, please contact J Brooks & Associates, Inc. at information@jbrooksai.com or (239) 313-7129. visit our website at www.jbrooksai.com.

IRS Assists Taxpayers Affected By Hurricane Sandy

Many small businesses have been affected by Frankenstorm Sandy!  Even many of our Southwest Florida Residents have been affected.  One of our clients owns a New Jersey Bakery that was destroyed due to the Storm Surge that hit New Jersey's coast.  We understand that with the Tax Deadline for Quarterly filings on October 31st, it was impossible for many business owners to even think about this deadline.  They had more important things to worry about.  But it looks like the IRS has given them a little leeway.  Hopefully, it will be enough.

IRS Assists Taxpayers Affected by Hurricane Sandy

For Additional Information regarding Personal or Business Income Tax Return Preparation and efiling in the State of Florida, please contact J Brooks & Associates, Inc. at information@jbrooksai.com  or (239) 313-7129. visit our website at www.jbrooksai.com.com .

The Blessing of Owning a Business in Southwest Florida

Great information in the Fort Myers News-Press today regarding a University of Florida study estimating Lee County is the State's top snowbird destination while Collier County ranks fourth.

Owning a business in Southwest Florida has its benefits from a lifestyle perspective.  The Summer months are slower business wise with most owners experiencing as much as a 30% drop from peak revenues in March; therefore, business owners have more time to get out and enjoy everything Gulf Coast living has to offer, e.g., beaches, boating, hiking, biking, birding, etc..  For those concerned about the Summer heat, once you live down here and become acclimated to the six months of consistent 90-93 degree days, you learn to avoid peak sun and enjoy mornings, afternoons, sunsets and evenings like nowhere else in the United States.

Of course you still have to work in the Summer. Business doesn't die. You just need to approach Summer like a squirrel approaches Winter in the North. You make your money (store your nuts) during late Fall, Winter and early Spring so you can enjoy paradise the rest of the year.

Here is the article:

Lee top county for snowbirds, Collier ranks fourth | The News-Press | news-press.com:

"A University of Florida report ranked Lee County as having an estimated 75,000 temporary residents during the peak winter season, the highest of any county in the state. Collier County ranked fourth, with an estimated 44,000 winter residents."

For Additional Information regarding Personal or Business Income Tax Return Preparation and efiling in the State of Florida, please contact J Brooks & Associates, Inc. at information@jbrooksai.com  or (239) 313-7129. visit our website at www.jbrooksai.com.com .

When It Comes to Retirement, Small Business Owners Need a Reality Check | Small Business Trends

What are your retirement plans? Are you expecting to sell your business and retire on the proceeds? Do you dream of passing on your business to your kids?

A new global survey of small business owners’ succession plans by Sellability Score found that small business owners’ expectations for retirement have changed. Since 2008, almost half of business owners over age 50 have delayed their retirement due to economic conditions.  Read more...

When It Comes to Retirement, Small Business Owners Need a Reality Check | Small Business Trends:

For Additional Information regarding Personal or Business Income Tax Return Preparation and efiling in the State of Florida, please contact J Brooks & Associates, Inc. at information@jbrooksai.com  or (239) 313-7129. visit our website at www.jbrooksai.com.com .