Metro   City

Blair and Company

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Beginning January 1, 2007, individuals, married couples, personal representatives of estates, and businesses are no longer required to file an annual intangible personal property tax return reporting their stocks, bonds, mutual funds, money market funds, shares of business trusts, and unsecured notes. The Legislature has repealed the annual tax on these properties.

The last annual intangible tax return that these taxpayers were required to file was the 2006 return that was due by June 30, 2006. Any intangible taxes owed to the State for that return or prior years are still due.

Not all intangible taxes have been repealed. The intangible tax on leases of government-owned real property and the one-time intangible tax on notes secured by a mortgage on Florida real property are still in effect.

Blair and Company, CPA's Mission

To assist small businesses and individuals in maintaining and improving their information systems and analyzing data to improve cash flow and enhance their effectiveness in meeting their goals.

To provide high quality tax services through conscientious personal attention in tax planning and preparation thereby enabling small businesses and individuals with the opportunity to minimize taxes by any means legally available.

To assist small businesses in management and growth strategies

We are as interested in your organization's success as you are. Do not over look the resources we can provide you. The firm is dedicated to you. We are growing together with clients.

Florida's Intangible Personal Property Tax (IPPT)

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