Tax Planning
“Year-round strategic tax planning for business owners, high earners, and high-net-worth families.”
Tax Expert Today LLC
Tax Expert Today LLC is an American accounting and tax advisory firm in Naples, Florida.
Products & services
IRS Resolution & Audit Support
“Federal IRS representation: notices, audits, payment plans, offers in compromise, penalty abatement.”
CFO Advisory & Bookkeeping
“Fractional CFO services, monthly close, KPI dashboards, and forecasting for growth-stage businesses.”
Estate & Trust Planning
“Multigenerational estate and trust tax planning, gifting strategy, and beneficiary distribution planning.”
International & Expat Tax Services
“FBAR, FATCA, FEIE, FTC, GILTI, Streamlined Procedures, and offshore disclosure for US persons abroad.”
Divorce Tax Consulting
“Forensic financial analysis, settlement tax modeling, QDRO planning, and innocent spouse relief.”
Business Consulting
“Strategic advisory on entity structure, profitability, partner alignment, and exit planning.”
Questions & answers
What is California's top marginal tax rate?
“California's top rate is 13.3%, the highest in the nation. If your income exceeds $1 million, you also pay a 1% mental health surcharge, bringing your effective top rate to 14.4%.”
What is PTET and how does it help?
“PTET (Pass-Through Entity Elective Tax) allows S-corps, partnerships, and LLCs to pay California tax at the entity level. This creates a federal deduction for the state tax paid, recovering value lost to the federal Salt Cap.”
How aggressive is California in pursuing former residents?
“The Franchise Tax Board (FTB) is extremely aggressive and has a virtually unlimited audit window for residency disputes. They can audit returns dating back many years.”
How does California define a resident?
“You're a statutory resident if you spend over 9 months in California per year, or a common-law resident if California is your domicile (true, fixed home). The FTB presumes you're a resident unless you prove otherwise. Every client situation is different, so call (239) 441-2005 to review your specific facts before acting on this guidance.”
How are my NQSO stock options taxed when I exercise them?
“You owe California tax on the spread (fair market value minus exercise price) when you exercise, not when you sell. If your option is underwater, you owe no tax on exercise.”
Do I have to live in Florida for 183 days to be a resident?
“No. Florida doesn't use a 183-day bright-line rule.”
Can I claim homestead exemption on two properties?
“No. The homestead exemption applies only to your primary residence.”
Does Florida have any income tax at all?
“Florida has no state income tax on individuals, partnerships, S-corporations, or trusts. C-corporations pay a 5.5% corporate tax. This is one of Florida's biggest tax advantages, but you must be a true resident to benefit from it. Every client situation is different, so call (239) 441-2005 to review your specific facts before acting on this guidance.”
What happens to my homestead exemption if I sell my home?
“If you sell your primary residence, you lose homestead exemption effective immediately. The Save Our Homes cap resets when you buy a new home and apply for new homestead exemption. If you're buying and selling in the same year, timing matters. Every client situation is different, so call (239) 441-2005 to review your specific facts before acting on this guidance.”
My business is in Georgia, but I live in Florida. Which state taxes my business income?
“Generally, the state where your business operates taxes the business itself. So a Georgia business pays Georgia taxes.”
Is Georgia income tax dropping?
“Yes. Georgia's current 5.39% flat rate is scheduled to gradually decrease to 4.99% under HB 1437, as state budget conditions allow. This makes timing of income recognition potentially valuable for high-income earners or business owners. Every client situation is different, so call (239) 441-2005 to review your specific facts before acting on this guidance.”
Does Georgia have a franchise tax?
“No. Unlike California or Delaware, Georgia does not impose a franchise tax or annual business registration fee based on revenue. This is one advantage of doing business in Georgia compared to some other states. Every client situation is different, so call (239) 441-2005 to review your specific facts before acting on this guidance.”
Can I deduct the QBI deduction in Georgia?
“Yes. Georgia conforms to the federal QBI deduction, allowing eligible business owners to exclude up to 20% of qualified business income from taxation. Some states don't allow this, so Georgia's conformity is valuable for business owners. Every client situation is different, so call (239) 441-2005 to review your specific facts before acting on this guidance.”
Does Texas have an income tax?
“No. Texas is one of nine states with no individual, corporate, or business income tax.”
What is the franchise tax no-tax-due threshold?
“For 2024, if your gross revenue is less than $2.47 million, you owe no franchise tax. The threshold increases annually. If you exceed the threshold, you owe franchise tax on the full gross revenue, not just the excess over the threshold. Every client situation is different, so call (239) 441-2005 to review your specific facts before acting on this guidance.”
Do I need to collect sales tax on out-of-state sales to Texas customers?
“If you have sufficient nexus in Texas (sales above certain thresholds), you must collect Texas sales tax. The Wayfair rule makes it mandatory for most remote sellers. We advise on nexus and collection obligations if you sell to Texas customers. Every client situation is different, so call (239) 441-2005 to review your specific facts before acting on this guidance.”
Should I elect S-corp treatment for my Texas LLC?
“It depends. Since Texas has no state income tax, the main benefit of S-corp election is federal self-employment tax savings.”
Data formats & record details
Download this profile and inspect its supporting evidence.
- Entity ID
- urn:readyscan:entity:tax-expert-today-llc-q139798780
- Material fingerprint
- fnv1a64:d43db31f38796419
- Entity revision
- fnv1a64:74edcccec99e1b1a
- Published
- 2026-10-26
- Modified
- 2026-10-26
- Source summary
- Tax Expert Today LLC: American accounting and tax advisory firm in Naples, Florida. Website: https://taxexperttoday.com.