Pruitt Cordell & Associates

08/09/2024

📢Attention small business owners!📢

Every LLC, corporation, or other entity is required to file a Beneficial Ownership Information report with the Financial Crimes Enforcement Network (FinCEN). This report is due by January 1, 2025, and is an informational report regarding business practices and their owners. Companies created in 2025 must file this report within 30 days of creation.

The report can be filed here: https://boiefiling.fincen.gov/fileboir

If you have any questions please contact our office at 239-319-5888 or [email protected].

09/18/2023

Reminder for all of our business owners! The Florida minimum hourly wage rate is increasing to $12.00 or $8.98 plus tips for tipped employees effective September 30, 2023. These hourly amounts will increase by $1 every September until the minimum wage reaches $15.00 in 2026. Adjust your pay rates accordingly!

09/01/2023

The IRS has extended the filing deadline for the 2022 individual and business tax returns for those affected by Hurricane Idalia. Taxpayers in the affected areas will now have until February 15, 2024 to file their returns. This extended deadline also applies to those who make quarterly estimated tax payments that would have been due on September 15, 2023 and January 16, 2024.

The above extensions apply to both Lee and Collier counties.

For more information and a list of affected counties please visit: https://www.irs.gov/newsroom/irs-announces-tax-relief-for-those-impacted-by-idalia-in-florida

08/11/2023

Friendly Reminder!

The September 15th extension deadline to file your 2022 Partnership Return (1065) and/or S-Corporation Return (1120S) without penalty is quickly approaching! We ask that any necessary information is dropped off or e-mailed to our office by August 28th to ensure timely filing of your return.

06/08/2023

Don't forget!

The Florida Department of Revenue is currently allowing a sales tax exemption on certain items to prepare for the 2023 hurricane season. The current sales tax holiday is running through June 9th with an additional sales tax holiday later in the season from August 26th to September 8th. For more information please visit www.floridarevenue.com/disasterprep.

10/07/2022

We hope everyone made it safely through the storm last week. It will take to time to fully recover, but we are in this together. Our office has been without power since September 28th, but we will be reopening on Monday October 10th. Please reach out if you have any questions or if our office can be of any assistance.

The IRS has also granted relief by extending the due date for all of our 2021 tax filings until February 15th, 2023. You can read their article here:

FL-2022-19, September 29, 2022 — Victims of Hurricane Ian that began September 23 in Florida now have until February 15, 2023, to file various individual and business tax returns and make tax payments, the Internal Revenue Service announced today.

08/16/2022

Reminder! September 15th is the last day to file your 2021 Partnership Return (1065) and/or 2021 S-Corporation Return (1120S) without penalty. Be sure to drop off or e-mail any necessary information to our office by August 22nd to ensure timely filing of your return!

03/24/2022

Upcoming deadline!

April 18th is the last day to file your 2021 Individual Return (1040) and/or 2021 C-Corporation Return (1120) without an extension. Be sure to drop off or e-mail any necessary information to our office as soon as possible to ensure timely filing of your return!

If you will not be able to get your information to us in time, please contact our office to request an extension to file. Please keep in mind that an extension only extends the time to file your return, it does not extend the time to pay any potential amount due.

02/24/2022

Upcoming deadline! March 15th is the last day to file your 2021 Partnership Return (1065) and/or 2021 S-Corporation Return (1120S) without an extension. Be sure to drop off or e-mail any necessary information to our office as soon as possible to ensure timely filing of your return! If you will not be able to get your information to us in time, please contact our office to request an extension to file.

01/01/2022

Wishing everyone a Happy New Year!

12/30/2021

Thank you Sundance Orchids & Bromeliads for the beautiful orchid arrangements! Feel free to check them out if you ever need something to spruce up your home or office!

09/30/2021

Upcoming deadline! October 15th is the final day to file your 2020 Individual Return (1040) and/or 2020 Corporate Return (1120) without penalty. Be sure to drop off or e-mail any necessary information to our office as soon as possible to ensure timely filing of your return!