Florida Creates New Sales Tax Refund for University and College Public Works Projects
NEWS & INSIGHTS Florida Creates New Sales Tax Refund for University and College Public Works Projects Beginning July 1, 2026, Florida provides a new sales tax refund for tangible personal property incorporated into public works projects owned by state universities and Florida College System institutions. The exemption operates through a refund process rather than an […]
DOR Issues Guidance on Tennis Admissions and Home-Hardening Exemptions
NEWS & INSIGHTS DOR Issues Guidance on Tennis Admissions and Home-Hardening Exemptions The Florida Department of Revenue recently issued guidance on two temporary sales tax exemptions enacted during the 2026 legislative session. One exemption applies to admissions to certain professional tennis tournaments, while the other creates a refund process for sales tax paid on qualifying […]
Florida Expands Motor Vehicle Sales Tax Credit Eligibility
NEWS & INSIGHTS Florida Expands Motor Vehicle Sales Tax Credit Eligibility Florida’s 2026 tax legislation expands eligibility for the Motor Vehicle Sales Tax Credit associated with the Florida Tax Credit Scholarship Program. Effective July 1, 2026, certain heavy trucks with a net vehicle weight of less than 8,000 pounds now qualify for the credit, creating […]
When Automatic Gratuity Meets Federal Wage Law: A Florida Sales Tax and FLSA Crossroads for Restaurants and Hospitality Businesses
NEWS & INSIGHTS When Automatic Gratuity Meets Federal Wage Law: A Florida Sales Tax and FLSA Crossroads for Restaurants and Hospitality Businesses Florida restaurants that add automatic gratuities often assume tax compliance means wage compliance. It does not. This article breaks down where Florida’s sales tax exemption for gratuities and the federal wage rules under […]
Florida’s New Sales Tax Exemption for Gold and Silver Coins: What Takes Effect July 1, 2026
NEWS & INSIGHTS Florida’s New Sales Tax Exemption for Gold and Silver Coins: What Takes Effect July 1, 2026 Florida is rolling out a new sales and use tax exemption for legal tender gold and silver coins beginning July 1, 2026. This guide breaks down the statutory definitions, purity thresholds, exclusions for jewelry and collectibles, and what taxpayers need […]
Florida’s 2026 Tax Rate Resets: Fuel, Utility, and Severance Tax Changes Practitioners Need to Track
NEWS & INSIGHTS Florida’s 2026 Tax Rate Resets: Fuel, Utility, and Severance Tax Changes Practitioners Need to Track The Florida Department of Revenue issued a cluster of Tax Information Publications in 2026 touching local option fuel tax ordinances, gross receipts tax index prices for gas and electricity, and severance tax rates for phosphate rock, heavy […]
Amazon, Marketplace Facilitators, and South Carolina Sales Tax: What the Supreme Court’s 2026 Decision Means for Florida SALT Readers
NEWS & INSIGHTS Amazon, Marketplace Facilitators, and Sales Tax: What South Carolina’s 2026 Decision Means for Florida SALT The South Carolina Supreme Court’s Amazon decision highlights how courts treat marketplace facilitators as sellers based on operational control. For Florida taxpayers, Chapter 212 already codifies these rules, shifting the focus from whether a platform is taxable […]
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 […]
Florida State and Local Tax Procedure: Compliance, Audits, and Dispute Resolution
NEWS & INSIGHTS Florida State and Local Tax Procedures: Compliance, Audits, and Dispute Resolution Florida’s state and local tax (SALT) procedures are critical for businesses and individuals to understand, particularly when dealing with tax compliance, audits, and disputes. While Florida does not impose a personal income tax, it relies on various revenue sources, including sales […]
Florida’s Capital Investment Tax Credit
NEWS & INSIGHTS Florida Capital Investment Tax Credit (CITC) Florida Technical Assistance Advisement 24C1-003: Florida’s Capital Investment Tax Credit In November 2024, the Florida Department of Revenue (DOR) issued Technical Assistance Advisement (TAA) 24C1-003. This advisement provides critical guidance for calculating income generated by a qualified capital investment project under Florida’s Capital Investment Tax Credit […]