Table of Contents Corporate and Business. 2 Individuals. 7 Estate/ Gift Tax. 12 Charitable Contributions/ Non Profits. 13 Other. 14 Real Estate. 14 Depreciation. 14 2017 Tax Reform On December 22, 2017, President Trump signed the bill previously known as the Tax Cuts and Jobs Act into law. The final bill removed the name “Tax […]
January 18, 2017 By Blalock Walters
Business Observer Features Jenifer Schembri’s Law Career and Award-Winning Appaloosa Family Horse Farm
BY: BETH LUBERECK | BUSINESS OBSERVER Executive: Jenifer Schembri, a lawyer at Blalock Walters PA in Sarasota who specializes in tax law. Diversion: Showing appaloosa horses. Member of the family that owns Char-O-Lot Ranch in Myakka City, which breeds, shows and trains appaloosa horses Family footsteps: Schembri has been riding horses her whole life and […]
November 17, 2016 By Blalock Walters
Blalock Walters Sponsors Easter Seals of Southwest Florida’s 70th Anniversary Celebration
Easter Seals of Southwest Florida will celebrate seven decades of life changing programs on Friday, December 9th at Ritz-Carlton, Sarasota, Florida. The event will honor the organization’s history and ensure the future for those living with disabilities. For 70 years, Easter Seals of Southwest Florida has assisted countless children and adults living with disabilities lead […]
November 3, 2016 By Blalock Walters
Canadians Beware – Florida Limited Liability Limited Partnerships No Longer Taxed as a “Pass-Through” Entities in Canada
Canadians who own an interest in a Florida limited liability limited partnership, commonly known as a LLLP, will soon have to pay more taxes unless they take swift action. The Canadian Revenue Agency recently announced that Florida and Delaware LLLPs will no longer be treated as pass-through entities for Canadian income tax purposes, and will […]
October 4, 2016 By Jenifer Schembri
IRS Proposes New Estate & Gift Valuation Rules for Family Owned Businesses
In August, 2016 the IRS issued long anticipated proposed regulations under Section 2704 of the Internal Revenue Code that, if finalized, will substantially impact the estate and gift tax planning of family owned businesses. Pursuant to the proposed 2704 regulations, no discounts would be available in valuing a family owned business, which would include lack […]
