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Baldwin Accounting CPA – Orlando, Florida

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There is a familiar habit among business owners that makes perfect sense until you look at the cost of it: “I’ll worry about taxes in December.”

By then, of course, the year is mostly over. The numbers are more or less locked in. The equipment is already ordered. The expansion decision has been made. Payroll has been run. The cash has been spent. And the planning co...


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 If you’ve found yourself in a situation where you’ve repaid income that you initially reported as taxable in a prior year, you might be eligible for some tax relief through the Claim of Right doctrine. Let’s explore how this might apply to you and how you can potentially recover some taxes from those repayments.

What is the Claim of Right D...


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