Florida Sales Tax Rounding After the Penny: What TIP 25A01-18 Means for Dealers in 2026

NEWS & INSIGHTS Florida Sales Tax Rounding After the Penny: What TIP 25A01-18 Means for Dealers in 2026 With pennies becoming increasingly scarce, Florida’s TIP 25A01-18 clarifies how dealers can legally round cash transaction totals while still collecting and remitting correct sales tax. This guide breaks down the rules, examples, and compliance tips. Florida Sales […]

Florida Supreme Court Declines Review in Sales Tax Case

NEWS & INSIGHTS Florida Supreme Court Declines Review in Sales Tax Due Process Dispute The Florida Supreme Court declined to review a Department of Revenue sales tax case centered on whether a taxpayer received a meaningful opportunity to challenge a Notice of Decision before finality attached.   Florida Supreme Court Declines Review in Sales Tax […]

Florida Adopts the 2025 Internal Revenue Code for Corporate Income Tax

NEWS & INSIGHTS Florida Adopts the 2025 Internal Revenue Code for Corporate Income Tax Florida’s corporate income tax regime once again updates its conformity to federal law, adopting the Internal Revenue Code as amended and in effect on January 1, 2025. The Florida Department of Revenue’s release of TIP 25C01-01 clarifies how federal taxable income […]

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