My Brandon, Florida CPA firm provides expert accounting services and tax preparation for individuals, businesses and non-profit organizations at reasonable rates. I strive to sweat the details so that my clients don't have to. Email me at cpapennewell@verizon.net My CPA firm is based out of Brandon FL 33511 but is not limited to the Brandon area. If you need tax preparation, accounting services or advice, this CPA can help! Call me at (813)657-4137 or email at: cpapennewell@verizon.net
Client received an inheritance recently and wanted to know how much was taxable. Short answer is you don’t have to pay inheritance taxes on an inheritance in Florida. An inheritance tax is a tax levied against the property someone receives as an inheritance. A very small number of states have inheritance taxes, and again, Florida is not one of them.
posted by Nick Pennewell, CPA at 12:06 PM
I am well versed in the studies of accounting and finance. I have a degree in Accounting from Florida Southern College and also a degree in Finance from the Florida State University.
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