Florida DOR Sets 11% Interest Rate on Late Tax Payments for Early 2027
NEWS & INSIGHTS Florida DOR Sets 11% Interest Rate on Late Tax Payments for Early 2027 The Florida Department of Revenue has set the floating rate of interest at 11% for January 1, 2027, through June 30, 2027, with a daily interest rate factor of 0.000301370. The rate applies to underpayments, late payments, and overpayments […]
Florida DOR Rulemaking and Proposal Update
NEWS & INSIGHTS Florida DOR Rulemaking and Proposal Update Florida DOR proposed refund interest rules effective January 1, 2027, and adopted or advanced amusement machine, form, and sales tax changes. The most consequential item in the Florida Department of Revenue’s 2026 rulemaking is still pending: proposed refund rules with a January 1, 2027, effective date […]
IPT’s 2026 Sales Tax Symposium Returns to Orlando
NEWS & INSIGHTS IPT’s 2026 Sales Tax Symposium Returns to Orlando The Institute for Professionals in Taxation’s 2026 Sales Tax Symposium will bring tax professionals to Orlando for four days of advanced sales and use tax education. The program covers controversy, compliance, digital taxation, artificial intelligence, audits, multistate developments, and more, with a featured presentation […]
Marketplace Mayhem and Sourcing Shakeups: 2025 Sales Tax Trends from the ABA SALT Committee
NEWS & INSIGHTS Marketplace Mayhem and Sourcing Shakeups: 2025 Sales Tax Trends from the ABA SALT Committee Sales Tax Across the States: 2025 ABA SALT Report Breaks Down Marketplace, Sourcing, and Legislative Shifts The ABA SALT Sales and Use Tax Subcommittee released its May 2025 report with a granular look at the shifting terrain of […]
Florida Repeals Sales Tax on Commercial Rent — Will DeSantis Sign the Landmark 2025 Tax Cut?
NEWS & INSIGHTS Florida Repeals Sales Tax on Commercial Rent — Will DeSantis Sign the Landmark 2025 Tax Cut? Florida Repeals Sales Tax on Commercial Rent — Will DeSantis Sign the Landmark 2025 Tax Cut? By Moffa Tax Law | Florida State and Local Tax In a major shift in Florida tax policy, the Legislature […]
Is Bottled Coffee Subject to Florida Sales Tax? The Answer May Surprise You
NEWS & INSIGHTS Is Bottled Coffee Subject to Florida Sales Tax? The Answer May Surprise You Is Bottled Coffee Subject to Florida Sales Tax? The Answer May Surprise You If your business sells bottled or canned coffee beverages in Florida, you may want to revisit your product list. A new Technical Assistance Advisement (TAA 24A-020), […]
Florida Sales Tax Rules for Fishing Charters: What Boat Captains Must Know
NEWS & INSIGHTS Florida Sales Tax Rules for Fishing Charters: What Boat Captains Must Know Florida may be the sportfishing capital of the U.S., but navigating its tax rules isn’t as straightforward as steering a boat. With thousands of charter fishing businesses operating across the state, understanding how sales tax applies—or doesn’t apply—to your business […]
Florida Tax Interest Rate Set at 12% for Late Payments Through December 2025
NEWS & INSIGHTS Florida Tax Interest Rate Set at 12% for Late Payments Through December 2025 Florida Tax Interest Rate Set at 12% for Late Payments Through December 2025 If your business owes taxes to the Florida Department of Revenue (FDOR), you could face a hefty interest charge. According to TIP #25ADM-01, Florida’s interest […]
May 2025 Industry Targets for FDOR Sales Tax Audits
NEWS & INSIGHTS May 2025 Industry Targets for FDOR Sales Tax Audits May 2025 Industry Targets for FDOR Sales Tax Audits In May 2025, the Florida Department of Revenue (FDOR) has intensified its audit efforts, focusing on industries with high cash volume, inconsistent reporting practices, and common sales tax misconceptions. If your business operates […]
How State Tax Agencies Use Outside Data to Create Estimated Sales Tax Assessments
NEWS & INSIGHTS How State Tax Agencies Use Outside Data to Create Estimated Sales Tax Assessments How State Tax Agencies Use Outside Data to Create Estimated Sales Tax Assessments In today’s world of data sharing and cross-agency enforcement, it’s no longer just your tax return that matters. State departments of revenue (DORs) increasingly rely on […]