Grinchy Florida Department of Revenue Issues Notice on Taxability of Holiday Decor
NEWS & INSIGHTS Grinchy 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, […]
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 […]
2025 International Tax Conference and ITC Boot Camp
NEWS & INSIGHTS 2025 International Tax Conference and ITC Boot Camp The Florida Bar Tax Section, in coordination with the FICPA, is hosting the 43rd Annual International Tax Conference and 10th Annual International Tax Boot Camp. The ITC Conference will be held from January 9-10th, 2025, while the ITC Boot Camp will precede the conference […]
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 […]
Florida Cost of Performance (COP) Apportionment: What is Going On?
NEWS & INSIGHTS Florida Cost of Performance (COP) Apportionment: What is Going On? Florida’s cost of performance (“COP”) regulation for purposes of apportioning sales other than tangible personal property seemed clear. 12C-1.0155(2)(l), Fla. Admin. Code, provides: Gross receipts from other sales shall be attributed to Florida if the income producing activity which gave rise to […]
Florida Department of Revenue and IRS Relief for Florida Taxpayers Affected by Recent Hurricanes
NEWS & INSIGHTS Florida Department of Revenue and IRS Relief for Florida Taxpayers Affected by Recent Hurricanes On October 2nd, 2024, the Florida Department of Revenue issued Order of Emergency Waiver/Deviation (ORDER) #24-002 (Sales and Use Tax and Related Taxes). Meanwhile, on October 11, 2024, the IRS announced an extension until May 1, 2025, to […]
