Temporary Suspension of Hillsborough County Discretionary Sales Surtaxes
NEWS & INSIGHTS Temporary Suspension of Hillsborough County Discretionary Sales Surtaxes Temporary Suspension of Hillsborough County Discretionary Sales Surtaxes Starting January 1, 2025 Important update for businesses operating in Hillsborough County, Florida: Beginning January 1, 2025, certain discretionary sales surtaxes in Hillsborough County will be temporarily suspended. Here’s what you need to know about this […]
Class Action Filed Against Walmart for Sales Tax on Delivery Fees
NEWS & INSIGHTS Class Action Filed Against Walmart for Sales Tax on Delivery Fees On November 18, 2024, a First Amended Class Action Complaint was filed in the Southern District of Florida against Walmart, Inc., challenging Walmart’s charging and collecting of sales tax on delivery fees. The class action seeks damages as well as injunctive […]
FL & Loper Bright: Lessons from the Post-Deference Apocalypse
NEWS & INSIGHTS FL & Loper Bright: Lessons from the Post-Deference Apocalypse When Loper Bright Enterprises v. Raimondo overturned the longstanding 1984 deference case, Chevron, in June 2024, tax lawyers across the country began to question what a post-deference world would look like in their state. Some attorneys worried about conformity issues. Others worried about […]
Florida Department of Revenue Issues Notice on Taxability of Holiday Decor
NEWS & INSIGHTS Florida Department of Revenue issues notice on taxability of holiday decor Days before you even thought about taking down your Halloween decor, the Florida Department of Revenue was already thinking of ways to tax your Christmas decorations. According to the Florida Department of Revenue’s TIP 24A01-14, the sale, rental, installation, removal, storage, […]
Florida Property Tax Benefits for Active Duty Military and Veterans
NEWS & INSIGHTS Florida Property Tax Benefits for Active Duty Military and Veterans Florida provides various property tax benefits for active duty military and veterans, but it is important to understand the qualification requirements for each of these benefits. Section 196.173, Fla. Stat., provides that a current or former member of the military may receive […]
Florida Department of Revenue Adopts 2024 Internal Revenue Code – But What are the New FL Tax Credits?
NEWS & INSIGHTS Florida Department of Revenue Adopts 2024 IRC – But What are The New FL Tax Credits? On November 6, 2024, the Florida Department of Revenue notified the public through a TIP, or Taxpayer Information Publication, of the Florida Corporate Income Tax Adoption of the 2024 Internal Revenue Code. Annually, Florida’s legislature evaluates […]
Florida Department of Revenue Files Response in JetBlue Challenge to Corporate Income Tax Apportionment Law for Airlines
NEWS & INSIGHTS Florida Department of Revenue files Response in JetBlue Challenge to Corporate Income Tax Apportionment Law for Airlines Last month, JetBlue filed a Motion for Summary Judgment relating to Court IV and V of its Complaint. Count IV and V are the internal and external consistency tests of fair apportionment under the commerce […]
Florida Sales Tax on Food Items: Halloween Edition
NEWS & INSIGHTS Florida Sales Tax on Grocery Items: Is Halloween Candy Taxable? Costco had two options available this year for those looking to buy individually wrapped candy in bulk: the chocolate mixture or the candy mixture. Here in Florida, we know the chocolate option is risky in the heat. Regardless of your candy preference, […]
Florida Bar Tax Section Fall 2024 Meeting Recap
NEWS & INSIGHTS Florida Bar Tax Section Fall Meeting 2024 Recap The SALTy air around Margaritaville this weekend may have been provided by the beautiful Hollywood Beach, but the SALT you tasted indoors came from the Florida State Tax Division. Well, at least partially. We won’t count the rims of the green drinks found all over […]
Florida Bar Tax Section State Tax Division Report Fall Meeting 2024
NEWS & INSIGHTS Florida Bar Tax Section State Tax Division Report Fall Meeting 2024 […]