Alerts

June 2022

DOES YOUR BUSINESS HIRE TEENS FOR THE SUMMER? If your business will hire teenagers under the age of 18 for the summer, here is what you need to know:    Teens must be at least 14 years old to work in Florida (there are exceptions for children working in a parent’s business in a non-hazardous occupation […]

May 2022

NO SALES TAX ON HURRICANE SUPPLIES MAY 28 – JUNE 10 To help Florida residents prepare for the upcoming hurricane season, certain disaster supplies will be tax-free for two weeks starting May 28th. Supplies for evacuating with pets such as food, leashes, and bedding will also be tax-free. Here is a partial list of the […]

Reminder: Your Company’s Annual Report Is Due in Two Weeks

If your business is a corporation or limited liability company (LLC) registered to do business in Florida, state law requires you to file a simple report every year with the state’s corporate registry to keep your company active. These reports are due to the Florida Division of Corporations by May 1st of each year. Reports filed after […]

April 2022

ATTENTION FLORIDA BUSINESSES: ANNUAL REPORT MUST BE FILED NO LATER THAN MAY 1ST  There are only a few weeks left before the May 1st deadline for Florida corporations and limited liability companies (LLCs) to file their Annual Reports with the State of Florida. Florida corporations and LLCs are required by law to file an Annual […]

March 2022

FLORIDA REEMPLOYMENT TAX RATES FOR 2022 NOW AVAILABLE Most Florida employers are required to pay Florida reemployment tax (which is the same as unemployment tax) to the State of Florida. This tax is collected on your employees’ wages and is paid quarterly to the Florida Department of Revenue using the form RT-6 (the Employers Quarterly […]

Free Workers’ Comp Webinars

The State of Florida offers free, one-hour webinars for employers on workers’ compensation requirements. Licensed contractors and electrical contractors can receive a continuing education credit for taking the online seminar. Topics covered include:  Who is required to carry workers’ comp insurance­ in Florida How business owners can exempt out of workers’ comp­ in Florida Contractors’ […]

FUBA Fact: Be Cautious About Notices for Your Company’s Annual Report

In FUBA’s role as the small business watchdog, we are urging our members to be cautious about mail or emails you might get about your company’s 2022 Annual Report.  All corporations and limited liability companies (LLCs) operating in Florida must file an online update called an Annual Report every year with the State of Florida’s official […]

February 2022

ATTENTION FLORIDA BUSINESSES: FILING PORTAL FOR 2022 ANNUAL REPORTS IS NOW OPEN Florida businesses that are corporations or limited liability companies (LLCs) must file an online update every year with the State of Florida to keep the company’s status active. This update is called an Annual Report and is filed with the Florida Division of […]

January 2022

IRS MILEAGE RATE FOR 2022 The Internal Revenue Service has issued the 2022 standard mileage rate used by taxpayers claiming a mileage deduction for a vehicle they own or lease. For calendar year 2022, the mileage rate for using a vehicle for business purposes is increasing to 58.5 cents per mile driven. This is an […]

December 2021

UPDATE ON NEW LAW REQUIRING BUSINESSES TO REPORT INDEPENDENT CONTRACTORS In last month’s newsletter, we told you about a new law in Florida that requires businesses to report the independent contractors they hire to the Florida New Hire Reporting Center to help with child support collection. For decades, Florida law has required employers to report […]