The Nickel Solution Making Sense of Florida’s New Cash Rounding Rules

NEWS & INSIGHTS The Nickel Solution Making Sense of Florida’s New Cash Rounding Rules Florida has replaced its discretionary penny-shortage guidance with a mandatory rounding formula for in-person cash transactions. Here is what Senate Bill 1074 and Department of Revenue TIP 26A01-03 require, and what it means for sales tax compliance, point-of-sale systems, and audit […]

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